Tuesday, December 6, 2011

Malaysia Energy Option - part 2

Currently in Malaysia there is a lack of available competitive and sustainable alternative energy sources for the long term. At the moment we rely heavily on gas, oil, hydro and coal for our energy. As prices for gas and oil increases, so does the operating cost that will be burdened by the utilities companies. The same goes for coal, as our country import over 90% of its coal from other country such as Australia and Indonesia. Yet, coal seems unable to meet with the nation's ever increasing demand for electricity. Because of this, we need to enhance our national energy security due to depleting indigenous resources. We also need to reduce our greenhouse gas emissions.

That's where nuclear energy comes in. Among the key point of nuclear power is the nuclear fuel is energy intensive. Also nuclear power refueling cycle is between 12 to 24 months. Which means that the nuclear plants can be operated without interruption for a few years. Also not to mention that nuclear power plant has zero carbon emission. This will go a long way in solving the world's CO2 emission problem.

It can be observed that countries with higher Gross Domestic Product (GDP) and energy consumption per capita than Malaysia have gone for nuclear power. But also some countries with lower GDP and energy consumption per capita than our country are thinking of nuclear power

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