Sign in to our library of over $5 million worth of researchclose

Two Quick Steps

* Required Fields

Click Your Industry



Registered Customers

If you have an account with us, please log in.

* Required Fields



Subscribe today
Sign in to our library of over $5 million worth of researchclose

Two Quick Steps

* Required Fields

Click Your Industry



Registered Customers

If you have an account with us, please log in.

* Required Fields



Subscribe today

We deliver Mobile Wallet Market Research and SWOT Analysis from Alternative Energy to Pharmaceuticals and Healthcare Market Research Reports to Digital Media.

Skip to Main Content »

Search Site
Researchers Currently Online:516

Malaysia Power Report Q1 2011


Malaysia Power Report Q1 2011

Double click on above image to view full picture

Zoom Out
Zoom In
Additional Information
Price $530.00
Meta Description No
Publisher Business Monitor International
Date of Report Aug 1, 2011
Quick Overview
The new BMI Malaysia Power Report forecasts that the country will account for 1.42% of Asia Pacificregional power generation by 2015, with a broadly balanced domestic market even after system losses etc.BMI’s Asia Pacific power generation assumption for 2010 is 7,724 terawatt hours (TWh), representing anincrease of 4.6% over the previous year. We are forecasting a rise in regional generation to 9,786TWh by2015, representing growth of 26.7% in 2010-2015.
In 2010, Asia Pacific thermal power generation will have totalled an estimated 6,149TWh, accounting for79.6% of the total electricity supplied in the region. Our forecast for 2015 is 7,589TWh, implying 23.4%growth that reduces the market share of thermal generation to 77.5%. This is thanks largely toenvironmental concerns promoting renewable sources, hydro-electricity and nuclear generation.Malaysia’s thermal generation in 2010 will have been an estimated 99.5TWh, or 1.62% of the regionaltotal. By 2015, the country is expected to account for 1.52% of thermal generation.
Malaysia’s dominant fuel is gas, which accounts for an estimated 50.6% of 2010 primary energy demand(PED), followed by oil at 39.1%, coal at 7.2% and hydro with a 2.7% share of PED. Regional energydemand is forecast to reach 5,496mn tonnes of oil equivalent (toe) by 2015, representing 20.6% growthfrom the estimated 2010 level. Malaysia’s estimated 2010 market share of 1.30% is set to fall to 1.21% by2015. Malaysia’s estimated 10.1TWh of hydro demand in 2010 is forecast to reach 15.3TWh by 2015,with its share of the Asia Pacific hydro market rising from 1.03% to 1.18%. There is no commercialnuclear industry.
Malaysia now shares seventh place with Pakistan, Thailand and Indonesia in BMI’s updated PowerBusiness Environment Ratings, in spite of its low level of energy import dependence and good powerconsumption growth prospects. Certain country risk factors offset some of the industry strength, but thecountry is in a good position in the near term to keep clear of the Philippines below.
BMI is now forecasting Malaysian real GDP growth averaging 5.07% per annum (pa) between 2010 and2015, with an increase of 3.40% assumed for 2011. Population is expected to expand from 27.9mn to30.0mn over the period, with GDP per capita and electricity consumption per capita forecast to increase33% and 18% respectively. The country’s power consumption is expected to increase from an estimated99.1TWh in 2010 to 126.1TWh by the end of the forecast period. After power industry usage and systemlosses, we see a slight supply surplus in 2015, assuming 4.5% average annual growth in electricitygeneration during 2010-2015.
Between 2010 and 200, we are forecasting an increase in Malaysian electricity generation of 58.5%,which is above average for the Asia Pacific region. This equates to 26.2% in the 2015-2020 period, upfrom 25.6% in 2010-2015. PED growth is set to rise from 15.9% in 2010-2015 to 18.2% representing37.0% for the entire forecast period. An increase of 117% in hydro-power use during 2010-2020 is a keyelement of generation growth. Thermal power generation is forecast to rise by 37% between 2010 and2020. More details of the long-term BMI power forecasts can be found later in this report.
Table of Contents
Executive Summary ........................................................................................................................................ 5
SWOT Analysis ................................................................................................................................................ 7
Malaysia Power Business Environment SWOT ..................................................................................................................................................... 7
Malaysia Political SWOT ..................................................................................................................................................................................... 8
Malaysia Economic SWOT ................................................................................................................................................................................... 9
Industry Overview ......................................................................................................................................... 10
Global ................................................................................................................................................................................................................. 10
Table: Global Summary, 2008-2015 ................................................................................................................................................................... 10
Asia Pacific Region ............................................................................................................................................................................................. 11
Table: Asia Pacific Power Generation, 2008-2015 (TWh) ................................................................................................................................. 12
Table: Asia Pacific Thermal Power Generation, 2008-2015 (TWh) .................................................................................................................... 13
Table: Asia Pacific Primary Energy Demand, 2008-2015 (mn toe) ..................................................................................................................... 14
Table: Asia Pacific Gas Consumption, 2008-2015 (bcm) ................................................................................................................................... 15
Table: Asia Pacific Coal Consumption, 2008-2015 (mn toe) ............................................................................................................................... 16
Table: Asia Pacific Nuclear Energy Consumption, 2008-2015 (TWh) ................................................................................................................. 17
Market Overview ............................................................................................................................................ 18
Primary Energy Demand .................................................................................................................................................................................... 18
Power Generation ............................................................................................................................................................................................... 19
Power Consumption ............................................................................................................................................................................................ 20
Regulation And Competition ............................................................................................................................................................................... 20
Pricing ................................................................................................................................................................................................................ 21
Power Transmission ........................................................................................................................................................................................... 21
Business Environment ................................................................................................................................. 23
Asia Pacific Power Business Environment Ratings ............................................................................................................................................. 23
Table: Asia Regional Power Business Environment Ratings ............................................................................................................................... 23
Malaysia’s Power Rating .................................................................................................................................................................................... 24
Rewards .............................................................................................................................................................................................................. 24
Risks ................................................................................................................................................................................................................... 24
Legal Framework................................................................................................................................................................................................ 25
Infrastructure ...................................................................................................................................................................................................... 27
Labour Force ...................................................................................................................................................................................................... 28
Foreign Investment Policy .................................................................................................................................................................................. 29
Tax Regime ......................................................................................................................................................................................................... 31
Security Risk ....................................................................................................................................................................................................... 31
Industry Forecast Scenario ........................................................................................................................... 33
Malaysia’s Power Outlook.................................................................................................................................................................................. 33
Generation .......................................................................................................................................................................................................... 33
Gas-Fired ........................................................................................................................................................................................................... 33
Oil-Fired ............................................................................................................................................................................................................. 34
Coal-Fired .......................................................................................................................................................................................................... 34
Nuclear Energy ................................................................................................................................................................................................... 35
Hydro-Electric .................................................................................................................................................................................................... 35
Renewable Energy .............................................................................................................................................................................................. 36
Power Costs ........................................................................................................................................................................................................ 37
Transmission ....................................................................................................................................................................................................... 37
Table: Malaysia’s Power Sector, 2008-2015 ...................................................................................................................................................... 40
Assumptions and Methodology ........................................................................................................................................................................... 43
Key Risks to BMI’s Forecast Scenario ................................................................................................................................................................ 43
Long-Term Power Outlook ................................................................................................................................................................................. 43
Macroeconomic Outlook ..................................................................................................................................................................................... 43
Table: Malaysia - Economic Activity; 2006-2015 ............................................................................................................................................... 45
Power Outlook: Long-Term Forecasts ......................................................................................................... 46
Global Snapshot.................................................................................................................................................................................................. 46
Table: Global Summary, 2013-2020 ................................................................................................................................................................... 46
Regional Outlook ................................................................................................................................................................................................ 46
Table: Asia Pacific Electricity Generation, 2013-2020 (TWh) ............................................................................................................................ 47
Table: Asia Pacific Primary Energy Demand, 2013-2020 (mn toe) ..................................................................................................................... 48
Table: Asia Pacific Thermal Power Generation, 2013-2020 (TWh) .................................................................................................................... 49
Table: Asia Pacific Hydro-Electric Generation, 2013-2020 (TWh) ..................................................................................................................... 50
Table: Asia Pacific Nuclear Generation, 2013-2020 (TWh) ............................................................................................................................... 51
Malaysia Country Overview ............................................................................................................................................................................... 51
Methodology And Risks To Forecasts ................................................................................................................................................................. 51
Competitive Landscape ................................................................................................................................ 53
Tenaga Nasional Berhad (TNB).......................................................................................................................................................................... 53
Syarikat SESCO Berhad (SESCO) ...................................................................................................................................................................... 54
Sabah Electricity Supply Sdn Bhd (SESB)........................................................................................................................................................... 54
Malakoff .............................................................................................................................................................................................................. 54
Powertek ............................................................................................................................................................................................................. 55
YTL Power .......................................................................................................................................................................................................... 55
Company Monitor .......................................................................................................................................... 56
Tenaga Nasional Berhad (TNB).......................................................................................................................................................................... 56
Syarikat SESCO Berhad (SESCO) ...................................................................................................................................................................... 60
BMI Methodology .......................................................................................................................................... 62
How We Generate Our Industry Forecasts ......................................................................................................................................................... 62
Power Industry ................................................................................................................................................................................................... 62
Cross Checks ...................................................................................................................................................................................................... 63
Sources ............................................................................................................................................................................................................... 63




...