The country's energy regulator said data centres now account for 9.28 per cent of total electricity consumption, while prolonged hot weather due to El Niño is driving up cooling demand and forcing Malaysia to reassess its power needs.
Nearly 70 per cent of the NTD607.6 billion (US$19.8 billion) package would fund energy subsidies and investment aimed at shielding households and businesses from higher fuel prices.
The Iran war is driving a significant near-term surge in Asia-Pacific’s thermal coal demand, with an additional 150 million tonnes of cumulative consumption projected through 2030, roughly half of which is expected to land in 2026 alone.