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KUALA LUMPUR – A bill on energy efficiency and conservation for more comprehensive coordination and effective regulation by the Energy Commission will be tabled in the Dewan Rakyat next year, said Energy and Natural Resources Minister Datuk Seri Takiyuddin Hassan.
He said the ministry is in the process of preparing a draft of the bill that would strengthen the legal framework related to energy efficiency and conservation to ensure full involvement at various levels of institutions and organisations.
“Based on an analysis by the Energy Commission, implementation of the (proposed) Energy Efficiency and Conservation Act will be able to save energy consumption of 1,447 million gigajoules or 258.4 million tonnes of carbon dioxide emissions.
“This is equivalent to saving RM71.24 billion for a period of 16 years,” he said in his speech during the presentation of prizes to winners of the Energy Efficiency Challenge 2021 organised by the Energy Commission here today.
Takiyuddin said the implementation of the law would be able to create more than 1,500 jobs, comprising energy managers, energy auditors, and trainees for training institutions, among others.
As of October, he said the government had managed to achieve cumulative energy savings of 4.3% through the National Energy Efficiency Action Plan compared to the initial target of 3.9% for this year.
He said the government had previously set a target of 8% reduction in electricity consumption by 2025, which is equivalent to 52,223GW hours for a period of 10 years through the initiative.
The minister praised the Energy Commission’s initiative that is committed to cultivating an energy-efficient life among the youth, especially school students, through the organisation of the competition that has now entered its seventh year.
Such energy efficiency programmes should be given priority in supporting the country’s development policies and aspirations, he added. – Bernama, November 30, 2021