Renewable Energy : Cooperation with ASEAN region will be expanded – Fadillah
KUALA LUMPUR: Cooperation with countries in the ASEAN region will be expanded for the energy supply sector, said Datuk Seri Fadillah Yusof.
According to the Minister of Energy Transition and Water Transformation (PETRA), cooperation between industry players, consumers, and non-governmental organizations (NGOs) is necessary to ensure that energy generation is more secure, sustainable, and environmentally friendly.
“This cooperation also includes agreements between Thailand, Laos, Singapore, and Malaysia. This is for energy supply and so on, and it can be expanded throughout ASEAN.
“This is because the land position of the Peninsula with energy needs has many resources but is decreasing, especially when coal is removed.
“At this time, we rely on gas, and gas is getting more expensive because we have to import it, so we need to find other alternatives, Other alternatives are like solar, hydrogen, and biofuel that we will produce from waste materials that can generate energy,” said Fadillah, who is also the Deputy Prime Minister, at a press conference after inaugurating the ASEAN Green Hydrogen Conference 2024 in the capital. on Monday.
Fadillah further clarified that states like Sabah and Sarawak are seen as having great potential to become suppliers of renewable energy (RE).
Therefore, he said, cooperation between various parties is very important, especially to become the main supplier to the ASEAN region.
“The great potential in Sabah and Sarawak, and even Borneo Island, which is in the middle of ASEAN, is the potential to become a supplier of future RE, so this is how we see how we can establish the same relationship, so that it is secure, sustainable, environmentally friendly, and affordable by consumers. “That is our goal; we need to engage stakeholders from other states, not only producers but also suppliers in the ASEAN region. Secondly, in terms of research industry, thirdly industry players, and fourthly, consumer-friendly.
“This is because ultimately, if we produce energy but it is expensive, it will affect consumers. These stakeholders are diverse, including NGOs, because NGOs play an important role, especially based on environmental sustainability,” he explained further.
The Deputy Prime Minister emphasized that PETRA remains committed to promoting a hydrogen-based economy by 2050.
He said that commitment is a reflection of the aspiration to achieve global decarbonization, which is considered important through pioneering energy solutions.
The program aims to gather experts from around the world while also enhancing cooperation efforts to involve various private sectors, from utilities to energy-based companies.
He clarified that PETRA’s objective remains firm, which is to foster a sustainable and resilient energy sector that not only supports but also drives Malaysia’s energy transition agenda forward.
