Abstract
Problem statement: During the last few years in Malaysia, the amount of Carbon Dioxide (CO2) released into the atmosphere has been rising extensively. The main source of CO2 is power source of automobile and industry that are contributing the main role for these CO2 emissions. But these sectors are also very important for economic growth and developments. The aim of this study is to examine the current status and identify the future trend of energy demand and supply and its impacts on CO2 emissions in Malaysia. Approach: The data for analysis was obtained from the secondary sources. Results: The study discovered that the highest proportion of CO2 emissions comes from energy sector. The future trend of energy demand and supply was estimated by the forecasting polynomial curve fitting method. The increase rate of energy supply and demand can rich up to 170 and 160% respectively during the year 2020 if the current situation last long. The study showed a linear trend of increasing intensity of energy and CO2 emission with respect to Gross Domestic Product (GDP) by the year 2020. Conclusion: A significant share of CO2 emissions can be avoided through improved energy efficiency while providing the same or higher level of energy services. In this regard, greater use of energy efficient, renewable energy and green technologies or options and behavioural changes can substantially reduce CO2 emissions from the energy sector.
Highlights
For the last two decades the world has been witnessing unprecedented effects of global warming
Malaysia has an abundant supply of natural energy-reserves, including oil, natural gas, coal, electricity and renewable energy resources to fulfill this demand
The final energy demand stood at 44,268 kilo tone of oil equivalent while the primary commercial energy supply was 72,384 ktoe in 2007 (Table 1)
Summary
For the last two decades the world has been witnessing unprecedented effects of global warming. It is likely that more energy efficiency is required at higher level of economic development. The demand for energy is growing faster in Malaysia driven by the country’s rapid economic growth. Malaysia is gifted with abundant natural resources and is a country which, until 1997, experienced remarkable economic growth, in the industrial sector. As in any developing nation, energy consumption per capita in Malaysia is still low but is expected to expand at a rapid rate in cycle with economic development. The Government of Malaysia has identified hydropower, renewable energy and natural gas as the primary sources for future energy production. The aim of this study is to examine the current status and identify the future trend of energy demand and supply and its impacts on CO2 emissions in Malaysia
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