Official Launch 11/8/2009
In the new era of globalisation, it can be seen that world commerce has accelerated tremendously. This is possibly due to the ability of mankind to design, manufacture, market, trade and re-engineers products at a pace never seen before on the planet.
This has given rise to numerous other forms of economic activity such as transportation, financial services, infrastructure development, et cetera all of which has a common denominator - energy. This link between economic activity and the need for energy puts the latter at the centre of the equation for all enterprises and investors to consider.
In view of the above, it is imperative that for the long term sustainability and growth of a nation, the energy issue is addressed quickly and accurately. This is because energy investments are lumpy and mistakes cannot be undone easily and will cost the nation dearly.
IEPRe formerly known as Energy Business and Technology Centre (EBTEC) was established in July 2008 as part of the Universiti Tenaga Nasional's Strategic Transformation Initiative to spearhead research and consultancy activities in the field widely considered as niche to UNITEN.
The establishment of Institute of Energy Policy and Research (IEPRe) in UNITEN is timely, as Malaysia needs to focus on the issues related to energy and environment, which would aid government, corporation and other stakeholder in making informed decisions. It is an important facet of the Energy and Electricity Supply industry (ESI) that merges the technical understanding of engineering and its related disciplines, with knowledge of regulatory and business point of view.
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