In East Malaysia, Sarawak’s land mass is intersected by a network of rivers, and is constantly swollen by heavy annual rainfall which presents huge potential for hydroelectric power source. The Sarawak Corridor (SCORE) for renewable energy is encapsulated in the national mission to achieve development within the state of Sarawak and Malaysia as a whole, and to transform Sarawak into a developed state in the near future.
It aims at achieving the goal of economic growth and development as well as improving the quality of lives for the people of Sarawak. SCORE is located within the central region of Sarawak, stretching about 320km along the coast of Tanjung Manis and Similakau, where the development area covers 70,000 square kilometers. The core of SCORE is particularly hydroelectric power of 28,000MV, coal with 1.46 billion tones and natural gas with 40.9 trillion standard cubic feet that is found abundantly within the central region of the Sarawak state. These huge energy sources will allow Sarawak to price its energy competitively and encourage investments in power generations, and energy intensive industries. This will act as triggers for the development of Sarawak through SCORE as well as exports to neighbouring countries.
In addition, Malaysia also focuses on solar energy because of the hot climate throughout the year, which makes it practical to use solar energy. Its location in the equatorial region is...
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...d energy, towards a more renewable energy resource have fostered the need for the Malaysian government to set explicit aims for the sustainable growth of the energy sector.
The energy Policies in Malaysia has been developed fairly and safely, in consistent to the development of new renewable energy sources that are still new and imminent. With PETRONAS and Tenaga Nasional Berhad as Malaysia’s two largest government stakeholders in generating energy, the Malaysian government has introduced several policy instruments to enhance competition in the country, which is able to assist the Small Renewable Energy Programme (SREP) that struggles to enter the market for renewable energy as it involves a very large sum of money. The range of policy instruments include, but not limited to the Income Tax Act 1967, Renewable Energy Act, Renewable Energy Fund, and Feed-in Tariffs.
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