Asia School of Business

Global Inquiry, Local Heart

How Falling Battery Prices Create New Pathways for Malaysia’s Energy Transition

Roy Rodenburg

Malaysia stands at a pivotal moment in its energy transition. Rapidly falling battery prices are making grid-scale Battery Energy Storage Systems (BESS) economically viable, enabling the storage of inexpensive solar energy for use during peak demand. This policy brief explores how Malaysia can leverage BESS to accelerate its transition to Net Zero, avoiding the challenges faced by early adopters in Europe and North America, who expanded renewable energy without adequate storage solutions.