KUALA LUMPUR: As the world seeks to address the issues of climate change and resource scarcity, plays an important role in supporting Malaysia’s energy transition to sustainability.
TNB has invested substantially in renewable energy initiatives to contribute towards low-carbon generation through its participation in the Large-Scale Solar programmes locally since 2016 According to a Mckinsey report, the impacts of COVID-19 have permanently shifted energy-demand curves. Although demand rebounds to 2019 levels in one to four years, it has yet to return to the previous growth path.
In addition, the Jimah East Power, a coal-fired 1,000 megawatt plant, which was commissioned in 2019, will also be the last greenfield coal power plant for TNB. "We are exploring and investing into green technology that have the potential to accelerate our journey towards net zero,” he added.Energy transition will remain as one of the key priorities as more corporates, as well as utility players continue expanding their renewable energy exposure.
In addition, TNB has adopted new RE technologies, such as solar, wind, biomass and biogas that translate to a generating capacity of 713.2MW. The ongoing efforts of TNB’s wholly owned subsidiary, GSPARX Sdn Bhd, has so far captured 116MWp in generation capacity from 986 projects that have been secured.TNB’s future energy transition investments will also play a key role in creating an advanced economy, as well as jobs in areas such as solar manufacturing, energy efficiency and electric vehicle infrastructure.
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