Malaysia Should Focus On Energy Efficiency Sector, Says Camco MD

Posted on October 19, 2011. Filed under: Energy |

Bernama — Malaysia, as a major producer of palm oil in the world, should focus on the energy efficiency sector as it has huge potential, said Camco Southeast Asia managing director, Kent Carter.

He said there is great potential for the development of Renewable Energy (RE) in Malaysia because there is plentiful supply of feedstock for RE projects.

“There are also many professional developers who can contribute to the RE development.

“It is estimated that the RE which comes from biomass and other energy efficiency projects, can contribute US$139 billion from 2010-2030.

“Still, by 2020, it can contribute US$28 billion or almost US$3 billion annually,” he added.

Carter was speaking at the Low Carbon Business Seminar organised by the British High Commission here today.

He said the most viable RE types that can be developed by the sector are hydropower, solid biomass and biogas.

For biomass projects he said, it can contribute energy of between seven to 25 MW from direct combustion and for pelletising and bio organic fertiliser.

“It is advantageous for Malaysia to seize the opportunities because there are large scale plantations with direct control over the feedstock and its often a true waste product,” he added.

Camco is a regional emissions-to-energy developer with its regional headquarters in Kuala Lumpur and with offices in Hanoi and Jakarta.

–BERNAMA

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