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Malaysia energy report

Malaysia energy report
Update
Format
4 files (PDF report, 3 Excel files)
Pages
75 (Report only)
Delivery
Immediate by e-mail
Table of Contents
  • GENERAL OVERVIEW
  • ENERGY AND CLIMATE POLICY FRAMEWORK
  • ENERGY COMPANIES
  • ENERGY SUPPLY AND DEMAND
  • ENERGY USE AND PRICE BY SECTOR
  • ISSUES AND PROSPECTS
  • STATISTICS
  • ABBREVIATIONS
  • GLOSSARY

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

Price
1 490 €

Overview

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 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.

Highlights

  • The GHG emissions intensity is planned to be reduced by 45% in 2030.
  • For renewables, the country targets a 40% share in the power capacity mix in 2035 and a 17% share in the energy mix in 2040.
  • Two public companies dominate the energy sector: TNB for electricity and Petronas for oil and gas.
  • The share of renewables in the power mix has increased by 14 points since 2010 to 20% in 2025. Thermal generation is shared between coal (46%) and gas (32%).
  • Final energy consumption has been increasing by 4.5%/year since 2022.
  • Diesel price increased by 25% following the removal of subsidies. Gasoline and diesel are much cheaper than in the most developed Asian countries.
  • The National Energy Plan 2022-2040 aims to reduce the share of coal in the power capacity mix from 31% in 2018 to 18.6% in 2040.
  • Petronas is partnering with various companies to explore the potential and viability of CCS technology, making Malaysia a key CCS hub in the ASEAN region.
-45%
reduction in GHG intensity by 2030
-50%
coal power plants by 2035
17%
share of renewables in the energy mix in 2040
  • Energy & Climate Policy Framework

    The Ministry of Energy Transition and Water Transformation (PETRA) was established in 2023 to drive Malaysia's national energy policy, oversee the transition to renewable energy, manage electricity generation and distribution, and oversee the water sector.

  • Energy Companies

    Gas:

    Petronas is the main player both in natural gas production and on the LNG market. In 2025, its natural gas production reached 1 644 kboe/d (stable compared to 2024).

  • Energy Supply & Demand

    Gas:

    Natural gas production increased by around 4%/year between 2020 and 2025, reaching 83 bcm in 2025. Production climbed by 3.5%/year on average over the 2010-2019 period.

  • Energy Use and Price by Sector

    Energy Prices in Industry:

    After substantial increases in industrial gas prices in 2022 (+60%) and 2023 (+14%), prices fell for two consecutive years in 2024 and 2025, declining by an average of 5.7%/year and reaching US$3.2c/kWh.

  • Issues & Prospects

    Electricity:

    Electricity consumption in Peninsular Malaysia is projected to grow at around 4.5%/year over the medium term, driven by economic expansion, population growth, electrification, rising cooling demand, and accelerating data‑centre development.

  • Graph 1: Final Intensity to GDP
  • Graph 2: Primary Consumption Trends by Energy Source
  • Graph 3: Total Consumption Market Share by Energy (2025)
  • Graph 4: Installed Electric Capacity by Source
  • Graph 5: Installed Electric Capacity by Source (2025)
  • Graph 6: Gross Power Production by Source & Consumption
  • Graph 7: Power Generation by Source (2025)
  • Graph 8: CO2 Intensity of Electricity Generation
  • Graph 9: Crude Oil Production & Consumption
  • Graph 10: Petroleum Products Production & Consumption
  • Graph 11: Gas Production & Consumption
  • Graph 12: Coal Production & Consumption
  • Graph 13: Emissions of GHG and CO2 from Fuel Combustion
  • Graph 14: CO2-Emissions per Capita
  • Graph 15: CO2 Intensity to GDP
  • Graph 16: Final Demand Trends by Energy Source
  • Graph 17: Final Consumption by Sector
  • Graph 18: Final Consumption Market Share by Sector (2025)
  • Graph 19: Share of Electricity in Total Final Energy Consumption
  • Graph 20: Final Consumption in Industry by Energy Source
  • • Energy Prices in Industry (Taxes Included)  48

  • Graph 21:
  • Graph 22: Final Consumption in Transport by Energy Source
  • Graph 23: Energy Prices in Transport (Taxes Included)
  • Graph 24: Final Consumption in Residential, Services, Agriculture by Energy Source
  • Graph 25: Energy Prices in Residential (Taxes Included)
  • Graph 26: Upcoming New Capacity by Energy Source
  • 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.

The Malaysia energy market data since 1990 and up to 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 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.