Malaysia stands at a pivotal juncture in its
energy evolution, confronting the urgent need to reduce CO2 emissions and
secure a sustainable future.
With 91% of its energy sourced from fossil fuels, the nation faces pressing
environmental challenges. Embracing a visionary path towards net zero by 2050,
Malaysia is turning to green hydrogen as a transformative force in its
decarbonisation journey.
Green hydrogen offers a compelling solution
for Malaysia. When combusted with oxygen, green hydrogen only emits water
vapour and heat, making it a clean energy source. With the strong renewable energy capacity in Sarawak, Sabah and
Peninsular Malaysia, the
country is poised to establish a robust hydrogen industry.
By
harnessing hydro and solar power through methods like electrolysis and gas
reforming, Malaysia can viably pursue large-scale sustainable hydrogen
production while preserving environmental integrity.
Forging the path to green energy
Central to Malaysia's strategy is the Hydrogen
Economy Transition Roadmap (HETR), outlining a phased approach to advance
technology, ensure domestic supply stability and foster export initiatives.
The roadmap forecasts substantial economic benefits, projecting up to RM400
billion in revenue by 2050 and an annual GDP contribution of RM187.89 billion
from 2041 onwards.
Recognising the global nature of hydrogen
development, Malaysia emphasises international cooperation to enhance
technology adoption and standardisation. Key partnerships with nations like
China, Japan, South Korea, and Singapore underscore Malaysia's commitment to
becoming a leading hydrogen exporter.
These collaborations are bolstered by
government-to-government initiatives, facilitating policy frameworks and
incentives crucial for hydrogen innovation.
Highlighting Malaysia's commitment to energy
transition, notable investments include a nearly RM400 million partnership
between PowerChina’s subsidiary China Hydropower and Semarak Renewable Energy
in Perak. This initiative focuses on constructing floating photovoltaic power
generation and a 60MW solar plant, marking a significant step towards
sustainable energy practices.
Malaysia's green energised future
Fuelled
by a focus on sustainable energy, Malaysia's future outlook on the hydrogen
economy is optimistic. Investment in research and development will facilitate
harnessing green hydrogen from renewable sources, while public-private
partnerships will continue to bolster technological and financial capabilities.
Aligned with national objectives, Gentari,
through its subsidiary Gentari Hydrogen, has embarked on a joint venture with
SEDC Energy (SEDCE) to establish a central hydrogen production hub in Bintulu,
Sarawak. Motivated by our purpose to address pressing sustainable energy needs,
this initiative aims to supply green hydrogen to regional projects, enhancing
Malaysia's competitive edge in the global hydrogen market and reinforcing its
leadership in sustainable energy solutions.
Additionally, Gentari is actively involved in
international collaborations to advance Malaysia’s decarbonisation efforts. We
signed a memorandum of understanding with
Asahi Kasei and JGC Holdings Corporation to pursue a front-end engineering
design study, developing a 60 MW class alkaline water electrolyser for green
hydrogen production. This global alliance enables us to transport cutting-edge
technologies and innovative solutions to the country, accelerating Malaysia’s
journey towards a sustainable energy future.
These collaborations have highlighted
Gentari’s commitment to national goals and ambitions. Leveraging our expertise
and collaborative spirit, we stand ready to take the #NextStep with our customers and partners in Malaysia and the
region to contribute to a cleaner, greener world.
With a steadfast focus on innovation and
collaborative partnerships, Malaysia is poised to lead in green hydrogen
production, driving towards its net zero emissions goal by 2050. Through
strategic investments and visionary initiatives, the country not only
transforms its energy landscape but also sets a benchmark for global resilience
in the face of climate challenges.