Malaysia energy report

This analysis includes a comprehensive Malaysia energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry. The report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2020 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.

Malaysia energy report
August 2021
4 files (PDF report, 3 Excel files)
35 (Report only)

Immediate by e-mail

 990 € 

Price without VAT. Depending on your statute and location, VAT might be applicable. Get in touch with us for more information.

After validation, you will immediately receive 4 files by email (one pdf report and 3 excel files containing the datasets).



  • The country targets a 31% share of renewables in the power mix in 2025 and a 45% reduction in the GHG intensity to the GDP in 2030.
  • State-owned Petronas and TNB remain the dominant companies in their respective fields.
  • Thermal generation represents more than 80% of the power mix, 49% of which from coal.
  • A price ceiling for gasoline and diesel was set in 2021 to respond to higher crude prices.
  • Gasoline and diesel are much cheaper than in ASEAN countries, while electricity prices are similar.
  • Gas and oil still prevail in total energy consumption, while coal's share has increased.
  • Oil's share in final energy consumption is decreasing in favour of gas and electricity, which have gained a foothold over the years.
  • Despite delays linked to the COVID-19 pandemic, Malaysia expects to become a regional leader through large investments in the oil and gas sector. E&P activities are developed in deep-water offshore fields to offset the decline in local mature fields.
  • Thermal power is expected to be reduced to 69% of the power mix and 7 GW of coal will be retired in 2039.


largest LNG exporter in the world


energy consumption in 2020


share of renewables in the power capacity by 2025


  • Institutions & Energy Policy

    The Economic Planning Unit (EPU), a powerful planning body under the supervision of the Prime Minister, drafts the country's energy policy through its energy division (Energy Section). Decisions are taken by a restricted council of ministers, the "Cabinet Committee on Energy".

  • Energy Companies


    Three electricity companies dominate the country's 3 geographical areas: TNB (Tenaga Nasional Bhd) for the Peninsula; Sarawak Energy Bhd for Sarawak and SESB (Sabah Electricity Sdn. Bhd) for Sabah. TNB was partially privatised following a first sale of 27% of the capital in 1992 and further sales -the latest in 2019- bringing the public stake down to 27.3%.

  • Energy Supply


    Oil production has been declining by 9%/year since 2018, reaching 27.5 Mt in 2020, after remaining stable over the previous ten years. The development of E&P activities in deep-water fields of the eastern region such as Gumusut-Kakap or Kikeh has enabled the declining outputs from the mature fields of the Peninsula to be offset.

  • Energy Prices


    In an attempt to reduce its fiscal deficit, Malaysia cut fuel subsidies in 2013, which saved US$1bn in 2014 and resulted in prices increasing by US$0.06/l. Low-income families benefited from higher cash pay-outs to soften the impact of the price hike. Between 2014 and 2018, the Government removed subsidies on gasoline (RON95) and diesel.

  • Energy Consumption

    In 2020, consumption per capita was 2.7 toe. This is higher than neighbouring countries. Electricity consumption per capita has increased from 3 900 kWh per capita in 2010 to 4 600 kWh in 2020.


  • Issues & Prospects


    In March 2021, KeTSA released its generation development plan 2021-2039. The plan was prepared using a moderate economic recovery scenario, where power demand was estimated to increase by 0.9%/year until 2030 and by 1.7%/year through 2039. Thermal power generation in the power mix is expected to be reduced to 69% in 2039 (compared to 84% in 2020).

Table of Contents


Download the Table of Contents

List of Graphs

Below is a list of the Malaysia energy market report graphs:

  • GRAPH 1: CO2-energy emissions (MtCO2)
  • GRAPH 2: Installed electric capacity by source (2020, %)
  • GRAPH 3: Gross power production by source (TWh)
  • GRAPH 4: Power generation by source (2020, %)
  • GRAPH 5: Gasoline & diesel prices (US$/l)
  • GRAPH 6: Electricity prices for industry and households (US$c/kWh)
  • GRAPH 7: Consumption trends by energy source (Mtoe)
  • GRAPH 8: Total consumption market share by energy (2020, %)
  • GRAPH 9: Final consumption market share by sector (2020, %)

List of Tables

In the Malaysia energy market report you will find the following tables:

  • Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
  • Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
  • Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
  • Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
  • Infrastructure Projects: Covers power plant projects by energy, technology, status and operator.

Data (Excel Sheet)

The Malaysia energy market data since 1990 and up to 2020 is included in the Excel file accompanying the Malaysia country report.
It showcases the historical evolution, allowing users to easily work with the data.

Key Data included in the excelsheet:

  • Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
  • Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
  • Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
  • Energy Balance: total and per energy.
  • Malaysia Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Malaysia energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).

The Malaysia country report is complemented with a national power generation dashboard (excel file) from our Power Plant Tracker Service.

Data included in the excelsheet:

  • New capacities: Current power mix, installed capacity at date, capacity under construction and under development.
  • Power Sector Performances: Historical data on installed capacity, power generation, thermal power plants inputs, average thermal power plant efficiency, CO2 emissions of the power sector, carbon factor of the power sector.


Projections Data (Excel Sheet)

The Malaysia country dashboards are complemented with country forecasts from EnerFuture (excel file) with scenario comparison.

Data included in the excelsheet:

  • Demand: Primary energy consumption, final energy consumption, by fuel, by sector.
  • Power: Electricity generation & capacities, by technology.
  • CO2: Total CO2 emissions.
  • Macro-economy: Main macro-economic assumptions.
  • Key indicators: Energy intensity, share of renewables, CO2 emissions per capita and per unit of GDP.

Shopping cart

Your shopping cart is empty.

Secured payment by Banque Populaire des Alpes CB VISA MASTERCARD