Malaysia Power Report Q4 2009

Executive Summary ......................6
SWOT Analysis..............................7
Malaysia Business Environment SWOT....... 7
Malaysia Political SWOT ............................. 8
Malaysia Economic SWOT .......................... 9
Industry Overview .......................10
Global ................... 10
Table: Global Summary, 2006-2013........... 10
Asia Pacific Region .................................... 11
Table: Asia Pacific Power Generation, 2006-2013 (TWh)................ 12
Table: Asia Pacific Thermal Power Generation, 2006-2013 (TWh) ........................................ 13
Table: Asia Pacific Primary Energy Demand, 2006-2013 (mn toe) ... 14
Table: Asia Pacific Gas Consumption, 2006-2013 (bcm) ................. 15
Table: Asia Pacific Coal Consumption, 2006-2013 (mn toe)............ 16
Table: Asia Pacific Nuclear Energy Consumption, 2006-2013 (TWh) .................................... 17
Market Overview – Malaysia.......18
Primary Energy Demand............................. 18
Power Generation ....................................... 18
Power Consumption.................................... 19
Regulation And Competition ...................... 19
Pricing .................. 20
Power Transmission.................................... 21
Business Environment ...............22
Asia Pacific Power Business Environment Ratings .......................... 22
Table: Asia Pacific Power Business Environment Ratings ............... 22
Overview Of Malaysia’s Power Rating....... 23
Limits Of Potential Returns ........................ 23
Risks To The Realisation Of Returns.......... 24
Legal Framework........................................ 24
Infrastructure ........ 25
Labour Force......... 26
Foreign Investment Policy .......................... 27
Tax Regime .......... 29
Security Risk......... 30
Industry Forecast Scenario........31
Malaysia’s Power Outlook.......................... 31
Generation ............ 31
Gas-Fired .............. 31
Oil-Fired ............... 32
Coal-Fired............. 32
Nuclear Energy ..... 32
Hydro-Electric ...... 33
Renewable Energy...................................... 34
Power Costs .......... 35
Transmission......... 35
Table: Malaysia’s Power Sector, 2006-2013..................................... 36
Table: Malaysia’s Thermal Power, 2006-2013 ................................. 37
Table: Malaysia’s Non-Thermal Power, 2006-2013 ......................... 38
Table: Malaysia Power (costs) – Historic Data And Forecasts .......... 38
Assumptions And Methodology ................. 39
Key Risks To BMI’s Forecast Scenario...... 39
Long-Term Power Outlook......................... 39
Macroeconomic Outlook ............................ 39
Table: Malaysia – Economic Activity, 2006-2013............................ 42
Power Outlook: Long-Term Forecasts.............................43
Global Snapshot.......................................... 43
Table: Global Summary, 2011-2018........... 43
Regional Outlook........................................ 43
Table: Asia Pacific Electricity Generation, 2011-2018 (TWh) .......... 44
Table: Asia Pacific Primary Energy Demand, 2011-2018 (mn toe) ... 45
Table: Asia Pacific Thermal Power Generation, 2011-2018 (TWh) ........................................ 46
Table: Asia Pacific Hydro-Electric Generation, 2011-2018 (TWh) ... 47
Table: Asia Pacific Nuclear Generation, 2011-2018 (TWh) ............. 48
Malaysia Country Overview....................... 48
Methodology And Risks To Forecasts ........ 48
Competitive Landscape..............50
TNB...................... 50
SESCO.................. 51
SESB .................... 51
Malakoff ............... 51
Powertek............... 52
YTL Power ........... 52
Company Monitor........................53
Tenaga Nasional Berhad (TNB).................. 53
Market Position..... 54
Strategy................. 54
Latest Developments................................... 54
Sarawak Electricity Supply Corporation (SESCO) ........................... 57
Market Position..... 58
Strategy................. 58
Country Snapshot: Malaysia Demographic Data............59
Section 1: Population.................................. 59
Table: Demographic Indicators, 2005-2030...................................... 59
Table: Rural/Urban Breakdown, 2005-2030 ..................................... 60
Section 2: Education And Healthcare ......... 60
Table: Education, 2000-2003...................... 60
Table: Vital Statistics, 2005-2030............... 60
Section 3: Labour Market And Spending Power............................... 61
Table: Employment Indicators, 2001-2006....................................... 61
Table: Consumer Expenditure, 2000-2012 (US$)............................. 61
Table: Average Annual Manufacturing Wages, 2000-2012 .............. 62
BMI Methodology ........................63
How We Generate Our Industry Forecasts........................................ 63
Power Industry...... 63
Cross Checks ........ 64
Sources ................. 64