'Transition to modern fuels usage improving'
Multinational oil and gas group, Royal Dutch Shell, has expressed optimism over Malaysia’s transition to the use of
modern fuels moving towards 2020 is improving as reflected by the enhanced Energy Development Index (EDI).
The EDI is a multi-dimensional indicator that tracks energy development country-by-country, distinguishing between developments at the household level and community level.
"Malaysia's EDI moving towards 2020 is going to improve year by year," said its projects and technology director, Matthias Bischel.
"Malaysia made significant progress towards ensuring universal access to modern energy in recent years and one way of measuring this progress is with the EDI published by the International Energy Agency," he said to reporters at the Shell Malaysia Innovation Summit 2013 in Kuala Lumpur today.
He said the EDI was also a composite measurement of how individual households and wider society get their energy supply.
"Between 2002 and 2010, Malaysia's EDI score improved by about 12 per cent and that made this country one of the top 10 improvers in the world," he said.
He said the challenge at the country level was the development of
sustainable energy industries that are capable of supplying the energy -- and the government revenues -- the country needed for the current generation without jeopardising them for the next generation.
"That requires careful balancing of energy industries of biofuel, solar, oil and gas.
"In all of this, innovation and partnership are paramount," he added.-- Bernama