Malaysia Power Market Outlook to 2035, Update 2024 - Market Trends, Regulations, and Competitive Landscape

Malaysia Power Market Outlook to 2035, Update 2024 - Market Trends, Regulations, and Competitive Landscape Summary This report discusses the power market structure of Malaysia and provides historical and forecast numbers for capacity, generation, and consumption up to 2035. Detailed analysis of the country’s power market regulatory structure, competitive landscape, and a list of major power plants are provided. The report also gives a snapshot of the power sector in the country on broad parameters of macroeconomics, supply security, generation infrastructure, transmission and distribution infrastructure, electricity import and export scenario, degree of competition, regulatory scenario, and future potential. An analysis of the deals in the country’s power sector is also included in the report. Scope - Snapshot of the country’s power sector across parameters - macroeconomics, supply security, generation infrastructure, transmission infrastructure, electricity import and export scenario, degree of competition, regulatory scenario, and future potential of the power sector. - Statistics for installed capacity, generation, and consumption from 2015 to 2023, and forecast for the next 12 years to 2035 - Capacity, generation, and major power plants by technology - Data on leading active and upcoming power plants - Information on transmission and distribution infrastructure, and electricity imports and exports - Policy and regulatory framework governing the market - Detailed analysis of top market participants, including market share analysis and SWOT analysis Reasons to Buy - Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the country’s power sector - Identify key factors driving investment opportunities in the country’s power sector - Facilitate decision-making based on strong historic and forecast data - Develop strategies based on the latest regulatory events - Position yourself to gain the maximum advantage of the industry’s growth potential - Identify key partners and business development avenues - Identify key strengths and weaknesses of important market participants - Respond to your competitors’ business structure, strategy, and prospects


  • Executive Summary
    • Malaysia to close in on its 40% renewable capacity target by 2035.
      • Table Figure 1: Cumulative Capacity, Malaysia, Renewable Capacity (GW) and Share of Renewables (%), 2023-2035
    • Thermal power to account half of total cumulative capacity by 2035.
      • Table Figure 2: Power Market, Malaysia, Cumulative Capacity Share(%), 2015-2035
  • Introduction
    • Malaysia Power Market
    • GlobalData Report Guidance
  • Malaysia Power Market, Snapshot
    • Country Summary
      • Table Figure 3: Power Market, Malaysia, Country Summary
    • Macroeconomic Factors
      • Table Figure 4: Power Market, Malaysia, Macroeconomic Factors, 2015-2030
      • Table Power Market, Malaysia, Macroeconomic Factors, 2015-2030
    • Supply Security
    • Opportunities
    • Challenges
    • Geopolitical Crisis
  • Malaysia Power Market, Market Analysis
    • Market Structure
      • Table Figure 5: Power Market, Malaysia, Market Structure
    • Key Market Players
      • Table Figure 6: Power Market, Malaysia, Market Share of Generation Companies (%), 2023
    • Financial Deals
      • Table Figure 7: Power Market, Malaysia, Deal Value and Number of Deals, 2015-2023
      • Table Figure 8: Power Market, Malaysia, Deals by Type (%), 2023
    • Malaysia Power Market, Demand Structure
      • Table Figure 9: Power Market, Malaysia, Annual Power Consumption, 2015-2035
      • Table Figure 10: Power Market, Malaysia, Power Consumption by Sector (%), 2023
  • Renewable Energy Policy, Malaysia
    • Renewable Energy Market, Overview
    • Policy Snapshot
      • Table Policy Snapshot, Malaysia, 2023
    • Renewable Energy Targets
    • Electricity Supply Act 1990
    • Renewable Energy Act 2011
    • National Energy Policy (2022 - 2040)
    • Twelfth Malaysia Plan, 2021-2025
    • Malaysia Renewable Energy Roadmap (MyRER)
    • National Energy Transition Roadmap (NETR)
      • Table NETR Targets, Malaysia, 2023-2050
    • Feed-in Tariffs (FiTs)
      • Table Feed-in Tariff, 2023
    • Net-Energy Metering (NEM)
      • Table NEM 3.0 quota allocation 2021-2023
    • National Renewable Energy Policy and Action Plan
    • Hydrogen Energy in Malaysia
      • Table Five strategic thrusts under the Hydrogen Roadmap
    • Sustainable Energy Development Authority (SEDA) Act 2011
    • Energy Efficiency and Conservation Act (ECCA)
    • Green Technology Financing Scheme (GTFS)
    • Green Investment Tax Allowance (GITA) and Green Income Tax Exemption (GITE)
    • Competitive Bidding for Renewable Energy Projects - Auctions
      • Table Fourth LSS, Shortlisted bidders for Package P1 - Project Capacity from 10MW to less than 30MW
      • Table Fourth LSS, Shortlisted bidders for Package P2 - Project Capacity from 30MW to less than 50MW
    • Supply Agreement of Renewable Energy (SARE)
    • Corporate Green Power Programme
  • Malaysia Power Market, Capacity and Generation
    • Cumulative Capacity Share by Technology, 2023
      • Table Figure 11: Power Market, Malaysia, Cumulative Capacity Share by Technology (%), 2023
    • Total Power Capacity and Generation, 2015-2035
      • Table Figure 12: Power Market, Malaysia, Cumulative Capacity and Annual Generation, 2015-2035
      • Table Power Market, Malaysia, Cumulative Capacity and Annual Generation, 2015-2035
      • Table Figure 13: Power Market, Malaysia, Capacity Share by Technology, 2015-2035
      • Table Figure 14: Power Market, Malaysia, Annual Generation Share by Technology, 2015-2035
      • Table Power Market, Malaysia, Cumulative Capacity and Annual Generation Share by Technology, 2015-2035
    • Thermal Power Capacity and Generation, 2015-2035
      • Table Figure 15: Thermal Power Market, Malaysia, Cumulative Capacity and Annual Generation, 2015-2035
      • Table Thermal Power Market, Malaysia, Cumulative Capacity and Annual Generation, 2015-2035
      • Table Thermal Power Market, Malaysia, Major Plants, 2023
    • Hydropower Capacity and Generation, 2015-2035
      • Table Figure 16: Hydropower Market, Malaysia, Cumulative Capacity and Annual Generation, 2015-2035
      • Table Hydropower Market, Malaysia, Cumulative Capacity and Annual Generation, 2015-2035
      • Table Hydropower Market, Malaysia, Major Plants, 2023
    • Renewable Power Capacity and Generation, 2015-2035
      • Table Figure 17: Renewable Power Market, Malaysia, Cumulative Capacity, 2015-2035
      • Table Renewable Power Market, Malaysia, Cumulative Capacity (GW), 2015-2035
      • Table Figure 18: Renewable Power Market, Malaysia, Annual Generation, 2015-2035
      • Table Renewable Power Market, Malaysia, Annual Generation (TWh), 2015-2035
      • Table Renewable Power Market, Malaysia, Major Plants, 2023
  • Malaysia Power Market, Transmission and Distribution Overview
    • Transmission Network
      • Table Power Market, Malaysia, Transmission Line Length (Ckm) by Voltage Level, 2015-2028
    • Distribution Network
      • Table Power Market, Malaysia, Distribution Line Length (Ckm) by Voltage Level, 2015-2028
    • Electricity Import and Export
      • Table Figure 19: Power Market, Malaysia, Annual Electricity Import and Export, 2015-2023
      • Table Power Market, Malaysia, Annual Electricity Import and Export (TWh), 2015-2023
    • Grid Interconnection
      • Table Power Market, Malaysia, Upcoming Interconnection Projects
    • Electricity Trading
  • Malaysia Power Market, Major Generating Companies
    • Tenaga Nasional Berhad
    • Malakoff Corporation Berhad
    • China General Nuclear Power Corp
    • Sarawak Energy Berhad
  • Appendix
    • Abbreviations
      • Table Abbreviations
    • Methodology

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