The high dependence on petroleum products will be reduced by promoting the use of alternative fuels. The use of biofuel will be promoted while R&D efforts in the production of biodiesel will be given full support.---Other renewable energy sources such as solar power will continue to be developed.---[P]romoting greater use of renewable energy for power generation and by industries.---New sources of energy such as solar and wind will be developed with emphasis on utilising cost-effective technology as well as strengthening capacity building.
By 2010, RE is expected to contribute 350 MW to total energy supply.
RE action plans:
[E]fforts will be continued to foster a more conducive environment to support the implementation of SREP projects.[...]The Clean Development Mechanism (CDM) will also be utilised to provide support for the implementation of SREP projects.---RE projects utilising municipal waste will also be promoted.---Initiatives to enhance local capabilities in the development of indigenous RE-based technologies as new sources of growth will also be supported.---Efforts to promote the development of biofuel using palm oil as a renewable source of energy will be undertaken during the Plan period. Designated pump stations, mainly in the Klang Valley, to supply diesel blended with 5.0 per cent palm olein are expected to commence operation in 2006. Regulations for the blending of petroleum diesel and palm olein will be formulated. Efforts will also be undertaken to promote the export of palm-based diesel
RE capital subsidy, grant, or rebate:
To further support the implementation of RE and EE initiatives, existing financial and fiscal incentives such as Accelerated Capital Allowance will be improved during the Plan period.
Public competitive bidding/tendering:
To enhance efficient utilisation of resources, future power generation projects will be considered through a bidding process.
RE public awareness/promotional programmes:
[S]uitable courses on RE and EE for institutions of higher education will be developed. In addition, specialised courses on energy planning and management will be introduced to enhance the capacity of professionals in energy-related management.
Public investment loans or grants:
[A]ctivities under the roadmap on solar, hydrogen and fuel cells such as technology development and knowledge sharing will be implemented while financing mechanisms will be explored.