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Link to original content: https://doi.org/10.1007/s12053-017-9551-2
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Analysis and recommendations for building energy efficiency financing in Malaysia

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Energy Efficiency Aims and scope Submit manuscript

A Correction to this article was published on 19 June 2018

This article has been updated

Abstract

This paper provides an overview of the Malaysian Energy Efficiency regulatory framework as well as current financing and incentive mechanisms available to the building sector. The review has found that some of the existing financing schemes have been successful while others could leverage on other existing schemes to improve its effectiveness. The review will explore the strengths and gaps of the available schemes and will propose some ways to increase the uptake up rate of the schemes. The potential impact of the proposed recommendations will be discussed supported by projected energy and CO2 reductions.

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Change history

  • 19 June 2018

    Miroslav Lesjak made contributions to the analysis presented in the paper. An oversight and confusion on the rights to the analysis work due to funding resulted to Miroslav Lesjak not added to the author group. The complete list of authors should be Miroslav Lesjak, Kevin Hor, and Khairil Rahmat.

  • 19 June 2018

    Miroslav Lesjak made contributions to the analysis presented in the paper. An oversight and confusion on the rights to the analysis work due to funding resulted to Miroslav Lesjak not added to the author group. The complete list of authors should be Miroslav Lesjak, Kevin Hor, and Khairil Rahmat.

  • 19 June 2018

    Miroslav Lesjak made contributions to the analysis presented in the paper. An oversight and confusion on the rights to the analysis work due to funding resulted to Miroslav Lesjak not added to the author group. The complete list of authors should be Miroslav Lesjak, Kevin Hor, and Khairil Rahmat.

  • 19 June 2018

    Miroslav Lesjak made contributions to the analysis presented in the paper. An oversight and confusion on the rights to the analysis work due to funding resulted to Miroslav Lesjak not added to the author group. The complete list of authors should be Miroslav Lesjak, Kevin Hor, and Khairil Rahmat.

Notes

  1. http://meih.st.gov.my/statistics?p_auth = 7oYtNmME&p_p_id = Eng_Statistic_WAR_STOASPublicPortlet&p_p_lifecycle = 1&p_p_state = maximized&p_p_mode = view&p_p_col_id = column-1&p_p_col_pos = 1&p_p_col_count = 2&_Eng_Statistic_WAR_STOASPublicPortlet_execution = e1s1&_Eng_Statistic_WAR_STOASPublicPortlet__eventId = ViewStatistic3&categoryId = 4&flowId = 7

  2. http://aceee.org/sites/default/files/publications/researchreports/u1402.pdf

  3. RM 20 is equivalent to USD 5 if RM 4 = USD 1. At point of authoring the paper, the ringgit was hovering between RM 3.5 to RM 4.3 for every USD 1. 70% of households in the peninsula and 60% of those in Sabah and Labuan uses less than 300kWh per month this is equivalent to approximately RM 77 (USD 19.25) per month. See more at: http://www.themalaymailonline.com/malaysia/article/power-tariff-up-15pc-from-january-1#sthash.cxZUz0bX.dpuf

  4. World Energy Council 2013 Energy Efficiency policies

  5. Energy Efficiency definition by International Energy Agency (http://www.iea.org/topics/energyefficiency/)

  6. SAVE scheme final report, SEDA, 2012

  7. SAVE scheme final report, SEDA, 2012

  8. Financing Energy Improvements on Utility Bills: Market Updates and Key Program Design Considerations for Policymakers and Administrators, Financing Solutions Working Group, May 2014 (https://www4.eere.energy.gov/seeaction/system/files/documents/onbill_financing.pdf)

  9. Financing Energy Improvements on Utility Bills: Market Updates and Key Program Design Considerations for Policymakers and Administrators, Financing Solutions Working Group, May 2014

    (https://www4.eere.energy.gov/seeaction/system/files/documents/onbill_financing.pdf)

  10. MGTC-GTFS scheme application data

  11. MGTC-GTFS presentation for Financial institution outreach, June 2014

  12. Interviews conducted with Sharon Ruba (Project Director) and Mark Lancaster (Chief Executive Officer) of Tune Hotels Group in March 2015

  13. MGTC-GTFS scheme application data

  14. GBI data obtained from Green Building Index Sdn Bhd

  15. GBI data obtained from Green Building Index Sdn Bhd and stakeholder feedback during interviews

  16. GBI data obtained from Green Building Index Sdn Bhd

  17. Internal modeling with building stock data published by valuation and property services department of Malaysia (http://napic.jpph.gov.my/)

  18. http://www.mida.gov.my/home/about-mida/posts/ accessed 4 January 2016

  19. Energy Commission data on technical analysis of the applications

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Authors and Affiliations

  1. UniKL British Malaysia Institute, Selangor, Malaysia

    Kevin Hor & Mohd Khairil Rahmat

Authors
  1. Kevin Hor
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  2. Mohd Khairil Rahmat
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Correspondence to Kevin Hor.

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Hor, K., Rahmat, M.K. Analysis and recommendations for building energy efficiency financing in Malaysia. Energy Efficiency 11, 79–95 (2018). https://doi.org/10.1007/s12053-017-9551-2

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