Tok Pa: Putrajaya in final phase of developing National Energy Policy | Malay Mail

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Tok Pa: Putrajaya in final phase of developing National Energy Policy

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KUALA LUMPUR, Nov 22 — The Economic Planning Unit , in collaboration with ministries and agencies, is in the final phase of developing a long-term and comprehensive National Energy Policy 2021-2040 .

Mustapa said the NEP would be aligned to the Paris Agreement as Malaysia had committed to voluntarily reducing the intensity of its greenhouse gas emission by 45 per cent of gross domestic product by 2030. “We need a vibrant and sustainable natural gas industry. To achieve this, the EPU is also developing the Natural Gas Roadmap or NGR as a key component of the overall National Energy Policy,” he said.

The minister said the inability for intermittent renewables to supply a reliable source of electricity had put further pressure on the supply of fossil fuels, causing energy commodity prices to increase, which in turn increases the price of electricity in Europe.

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