A recent survey by the Natural Resources Management Corporation (NRM) revealed that more people are switching to using liquified natural gas (LNG). This is because they are cheaper and have many other advantages. According to a report released by the Climate Change Research Centre of South Australia, there are now about 17 million residents living in the coastal belt in the state of Queensland. The climate is very hot and humid, which makes it unsuitable for most industries. For the last three decades, petroleum companies have tried to find ways of using LNG to meet the increasing demand. But despite the new technology, the government has been slow in approving and encouraging the use of LNG as an alternative fuel source.
The main reason why the government is slow in approving LPG is the massive cost involved in setting up a commercial operation. The NRM calculated that a liquified natural gas system would cost around $15 billion to set up and maintain. Setting up an LPG plants in different parts of Malaysia costs more than setting them up in just one area, so the government’s decision-making process has a lot of hindrance. In addition to the cost, many areas in Malaysia do not have the required infrastructure to support a solar installer.
The good news is that there are solutions available for people who want to convert their homes into green powerhouses. The government has approved two solar power projects in Malaysia, including a solar power plant near Penang in the east of the country. Other areas are also working on commercial ventures for the production of photovoltaic cells and systems. In these projects, solar power can be used to generate electricity at a lower cost. Although the government is taking the measures to support these ventures, it is still important to encourage private players to invest in these programs so that the government’s support wane out.
The two photovoltaic power plants have an installed capacity of about twenty megawatts each, which is good enough to meet the electricity needs of about five hundred thousand households. If other areas in Malaysia get access to large-scale solar energy production, the country will be able to generate twenty percent of its electricity from solar energy. This is far more than what the national grid can provide. This means that a massive shift towards solar power is underway in Malaysia.
Biomass and vegetable oils are two types of renewable energy sources that Malaysia is very well known for. There is also a huge push for the use of liquified natural gas (LNG) as an alternative source of energy. The government has also released plans to introduce LPG and liquefied petroleum gas (LPG). If these plans are implemented, it will usher in a new era of cheap electricity in Malaysia.
Solar panels in the traditional homes in Malaysia are quite expensive. This is because the setting up of them requires a lot of investment. In the coming years, it is expected that the costs of setting up solar panels on a large scale will come down. Some experts predict that the cost of setting up a one-watt-per-day solar panel in APR will come down from about $300 per kilowatt-hour in June of this year to about $250 per kilowatt-hour in January of next year. This is a very encouraging rate.
As the prices of raw materials like coal and petroleum continue to escalate, countries around the world look to develop solar energy. Although the costs of installation are not expensive in many developing countries, the people cannot get access to them. The price of installing a solar installer in Malaysia is likely to decrease substantially after this year. The government is also encouraging the private sector to install more solar panels as the number of people living in poverty is increasing. When the number of people in poverty drops, the number of persons using power energy will also decrease.
Solar panels are now more affordable than ever before. Many business establishments are now shifting their focus towards solar energy industry. The government too wants to encourage the growth of the solar power industry in Malaysia. As the solar panels become more affordable, there is no doubt that more people in Malaysia will use solar power. There are more businesses opening in the solar power sector in Malaysia. This will further increase the demand for professionals who can install solar panels.