Fossil fuel energy scenario in Malaysia-prospect of indigenous renewable biomass and coal resources

Abstract

The fossil fuel resources, oil and Natural Gas (NG) have been playing a vital role in reshaping the socioeconomic status of many countries. The socioeconomic stability of the country is connected to sustainable fuel energy supply. The conventional fuel resources are valuable supply of finite natural energy. However, their increasingly supply and exploited production have shown great concern over fuel source depletion. Malaysia's economic growth is also connected to fossil energy resources, which is continued to effects by the growing energy demand. The two power sectors, industrial and transportation remained heavily dependent on oil and NG. Among these energy sectors, the energy demand is increasing in industrial sector due to rapid growth. The life expectancy of Malaysia fossil fuel reserves is also alarming. The concern over the energy insecurity is driving the region to look for sustainable energy supply. Presently, the most critical challenge faced by energy sectors is to provide continuous energy supply and diversification of various energy resources. This paper highlights the fossil fuel energy scenario in Malaysia and life expectancy of fossil fuels. The role of indigenous biomass and coal resources is discussed which can serve as a potential source for valuable chemicals and chemical feedstock. The issues highlighted in this study is expected to garner the role of indigenous renewable biomass and coal resources by exploring energy products which can partially decrease dependence on non-renewable oil and NG resources.