National Energy Transition Roadmap is the blueprint for Malaysia’s transition to a clean energy, low-carbon economy and is divided into two parts.
Part 2, which was announced a month later, expanded on the six energy transition levers in Part 1, with the introduction of, among others, five enablers. This is the focus of the article.The government is championing EE as an important energy transition lever as resource optimisation will enhance cost efficiency and is a viable long-term solution to the current energy crises.
The government will therefore introduce low-carbon hydrogen standards and regulations and reduce levelised cost of hydrogen by establishing hydrogen hubs and offering financial incentives.Bioenergy is expected to play a key role in the energy transition framework as a carbon-neutral energy source, especially using agriculture and municipal-related waste. The government aims to expand the country’s biorefinery capacity to 3.
The NETR also has ambitious goals for the aviation industry – to achieve net-zero carbon emissions for international aviation by 2050.Although still in its fledgling state, CCUS is anticipated to play a major role in achieving net-zero emissions in the energy sector.