Dateline 2013-10-30, The Star:
DURING the British Prime Minister’s question time in the British House of Commons last Wednesday, the British Prime Minister David Cameron and the Opposition Leader Ed Miliband had a heated debate over energy prices in Britain. This debate is not something new in Britain as for the past few months, British political parties have been coming up with ideas to try to bring down energy prices. In fact, rising energy prices is a global
phenomenon due to the soaring global fuel prices and the same is true for us here in Malaysia.But why do the global fuel prices affect our electricity bills? This a valid thought, but it might be worthwhile reflecting deeper on how this connection works. It all comes down to how electricity is produced.
In Malaysia electricity is produced through four main sources – liquified natural gas (LNG), coal, petroleum, and hydro power. The most recent estimates put LNG at around 46 percent of the generation mix while coal and oil make up 52 percent, and the remainder being hydro. This means that almost all the power produced in the country is subject to the prices of LNG, oil or coal, since these are the primary energy sources.
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Wata - Malaysian Oil and Gas Engineer 