MIGHT Report Highlights Nuclear Power As Key To Malaysia’s Energy Security
KUALA LUMPUR, April 14 (Bernama) -- Nuclear energy is emerging as a potential source of stable, low-carbon power, complementing renewables and strengthening energy security, as more than 70 per cent of electricity is still generated from fossil fuels and a coal phase-out is targeted for 2044.
This is according to a new strategic foresight report by the Malaysian Industry-Government Group for High Technology (MIGHT), titled “Future Scenarios: The Role of Nuclear Power in Malaysia’s Energy Landscape”, which offers analysis to inform policy and planning for the country’s long-term energy transition.
In a statement today, MIGHT said that as Malaysia navigates rising electricity demand, decarbonisation goals and the need for secure baseload power, the report provides forward-looking insights to guide policy, strengthen preparedness and support informed national dialogue.
“The report underscores that nuclear adoption is a long-term commitment that requires strong governance, financing, workforce development and public engagement,” it said.
MIGHT said the report’s release aligns with the government’s recent emphasis on assessing nuclear energy as part of long-term energy security planning.
“This urgency is amplified by global geopolitical tensions and supply chain vulnerabilities, underscoring the strategic importance of diversifying Malaysia’s energy portfolio with a reliable, indigenous power source,” it said.
Moving beyond simplistic debate, MIGHT said the report frames nuclear power as a significant national undertaking requiring a robust, future-ready ecosystem.
“It underscores that success hinges on foundational pillars: stringent governance and regulatory frameworks, sustainable financing models, dedicated workforce development and sustained public confidence,” it said.
MIGHT said the report provides actionable insights, including five key drivers of nuclear adoption spanning policy, finance, public trust, workforce and energy security.
It also outlines ten essentials for Malaysia’s nuclear-powered net-zero transition, as well as ten critical uncertainties and risks that could derail progress if left unaddressed.
In addition, the report presents four plausible scenarios for 2035, ranging from an atomic renaissance and measured momentum to stalled potential and atomic fallout.
“This forward-looking analysis serves as an essential reference point for policymakers and industry leaders, providing a balanced, evidence-based framework to inform one of the most significant energy decisions facing the nation’s sustainable and secure future,” it added.
The full report will be available on MIGHT’s website.
-- BERNAMA