June 21, 2011
Energy, Green Technology and Water Ministry Deputy Secretary-General (Energy) Badaruddin Mahyudin said the was due to the need for reform in the industry landscape so that it would grow along with the world.
"Over the years, reliable electricity is still an essential key element to nation building and economic development, especially to industries and other critical services that bring about increased income and benefits to the people.
"All these are some of the challenges in the landscape towards our aspiration to become a developed nation by the year 2020," he said when opening the two-day Power Plant Operations and Maintenance 2011 conference here today.
Over 60 participants from eight countries attended the conference whose aim was highlight the core power plant operation and maintenance issues.
Badaruddin said power plants in Peninsular Malaysia were currently among the best maintained and operated, and some independent power plants were operating at the unscheduled outage rate of below four per cent which was well within world class acceptance.
Nevertheless, improvements would still have to be introduced to ensure the power consumers got value for their money.
"Looking at the challenging future that we will be facing, we must be prepared for the eventual increase of energy prices to a more market-based mechanism.
"However, market-pricing will not be accepted by the masses if the power generation industry does not rise to the efficient level of expectation by the consumers," he said.
-- BERNAMA
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