BRUNEI''S ENERGY TRANSITION
Solar PV projects to support population in remote areas off-grid, ensuring they have access to electricity. Department of Energy''s target of 200MW installed capacity of renewable energy by
Brunei Energy Services and Trading (BEST) is the national oil company owned by the Brunei government. The company was granted all mineral rights in eight prime onshore and offshore petroleum blocks totaling 20,552 sq. km. PB manages contracts with Shell and Petronas, which are exploring Brunei's onshore and deep-water offshore blocks.
In the Energy Outlook and Energy-Saving Potential in East Asia 2023, Brunei Darussalam includes carbon capture and storage (CCS) technologies under its low-carbon energy transition–carbon neutral (LCET-CN) scenario in addition to an increased share of solar in the power mix by 2050.
Final Energy Consumption (historical trend: 2019, 2030, 2040, 2050) Under the LCET-CN scenario, the total final energy consumption (TFEC) for Brunei Darussalam is expected to reach 3 million tonnes of oil equivalent (Mtoe) in 2050, increasing at an average rate of 1.7% per year over 2019–2050 (Figure 2.1).
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