Economy Minister: Electricity Supply Stable, but Tariffs Could Rise Due to Global Fuel Swings

Economy minister: Electricity supply stable, but tariffs could rise due to global fuel swings

KUALA LUMPUR, April 28 — Malaysia’s electricity supply remains stable, but rising and volatile global fuel prices could push up generation costs and eventually affect tariffs if pressures persist, Economy Minister Akmal Nasrullah Mohd Nasir said today.He said the main risk is not from power shortages, but the impact of fluctuating coal and gas prices on electricity production costs.“When fuel costs such as coal and gas rise, the cost of generati…

Electricity supply stable, but rising fuel prices may lift costs, says minister

Economy minister Akmal Nasir says Malaysia’s power system remains secure but it is exposed to volatile global coal and gas prices.

Malaysia's Electricity Guarantee Faces A July Test

Subscribe to our FREE Newsletter, or Telegram and WhatsApp channels for the latest stories and updates. Malaysia’s electricity supply is stable for now. But a confluence of rising costs, record demand, and a planned maintenance shutdown is setting up a difficult stretch in the middle of the year. Economy Minister Akmal Nasrullah Mohd Nasir’s own briefing makes clear the work ahead is more specific than the headlines suggest. Speaking at the Glob…