The Key Factors That Let Malaysians Enjoy Stable & Sustainable Energy Supply
To accommodate rising energy demands, TNB is investing heavily in new and innovative solutions.
According to industry observers, Tenaga Nasional Berhad's (TNB) financial stability is key to ensuring Malaysians enjoy reliable, sustainable, and efficient electricity
With growing energy demands and the push for green energy, TNB requires robust financial resources to invest in new infrastructure and upgrade existing systems.
There are several ways that TNB achieves this, and whether we know it or not, they all have significant impact on our daily lifestyles.
TNB is more than just a typical energy company, and its financial performance is closely tied to the nation’s economic stability
More than just profits and losses, here are three important ways that TNB makes use of its robust finances:
1. Investing in infrastructure
Think of the electricity grid as a 'highway' for power. If this highway is damaged or too narrow, congestion (or power disruptions) occurs. To keep this 'energy highway' running smoothly, TNB must make significant investments in grid upgrades and develop new infrastructure.
2. Supporting growing electricity demand
Over recent years, Malaysia's electricity demand has surged. In July 2024, demand hit an all-time high of 20,066MW. To meet this demand, TNB must ensure its system is robust and adaptable.
3. Generating dividends for Malaysians
In 2023, TNB paid RM2.66 billion in dividends to shareholders, including government-linked companies (GLCs), indirectly benefiting the public. In essence, when TNB achieves strong financial results, the nation’s economy reaps the benefits.
With renewable energy (RE) is gaining prominence, TNB is accelerating its green energy transition to achieve a sustainable future
According to Affin Hwang Capital, TNB is actively expanding its renewable energy portfolio.
Some of its major initiatives include:
- Nenggiri Hydropower Project (300MW): Currently under development, it is expected to be completed by Q2 2027.
- Sungai Perak Hydro Extension Programme: This RM4-5 billion project aims to extend the lifespan of the hydro facilities (651MW).
- Hybrid Hydro-Solar Projects: Includes floating solar installations in Chenderoh (45MWp) and Temenggor (300MWp).
- Corporate Green Power Programme (135MWp): Supporting businesses in adopting sustainable energy.
- Greenfield Solar Farms in the UK (102MWp): Expanding international renewable energy initiatives.
- Centralised Solar Parks (CSPs): Five planned CSPs, each with a capacity of 150MWp, will supply green energy under the Corporate Renewable Energy Supply Scheme (CRESS).
UItimately, these expenditures prove that TNB's financial health plays a vital role in powering Malaysian lifestyles in a stable and sustainable way
From investing in green energy infrastructure to meeting the rising demand for electricity, TNB remains committed to delivering clean, reliable, and sustainable power.
With strategic investments and sound financial management, TNB not only ensures the lights stay on but also helps build a brighter, greener future for Malaysia.