Study on Malaysian's Perspective Towards Renewable Energy Mainly on Solar Energy

Abstract

Malaysia, despite being known as the suppliers for oil and natural gas in the world is having a hard time fulfilling the huge demand of domestic and international energy sector. The nation's oil production has been gradually decrementing since reaching a peak of 862,000bbl/d in 2004 due to mature reservoirs. Alternative Cost as well as the maintenance that remains increasing yearly while the supply of fuels are depleting is making it hard for Malaysia to be able to sustain its oil development. This has become an important issue for the government to establish energy in the most economically worthy to ensure the sustainability in its development. This paper presents a review on Malaysian's perspective on renewable energy mainly in the solar energy sector by conducting a survey study. The survey focuses on the level of understanding Malaysian has towards renewable energy, the level of acceptance towards solar energy, the future prospect of solar energy as well as the financial perspective on solar energy in Malaysia. Study shows that renewable energy mainly in the area of solar energy receives warm welcome from many Malaysian as well as a demand for change in the conventional energy method. Malaysian is also ecologically concern as well as ready for any policies that has a solving mechanism in this energy crisis.