PONTIAN, Johor (May 26): Malakoff Corporation Bhd (KL:MALAKOF) aims to use 15% of biomass in the combustion process at the Tanjung Bin power plant here, by 2027.
The target follows successful trials that achieved a 0.5% biomass co-firing in December 2022, increasing to 2% in the first quarter of this year.
Malakoff chairman Tan Sri Dr Ahmad Tajuddin Ali said the initiative aims to reduce greenhouse gas (GHG) emissions, enhance grid stability, and is in line with Malaysia's Just Energy Transition (JET) commitments for a more equitable and environmentally friendly energy transition.
"As an experienced industry player, we are confident in our ability and skilled workforce to implement this initiative. However, we continuously seek new ways to upskill [our workforce] to meet industry demands," he said during the launch of Malakoff's biomass co-firing project at the Tanjung Bin power plant on Sunday.
The event was officiated by Deputy Prime Minister Datuk Seri Fadillah Yusof and attended by Malakoff's managing director and group chief executive officer Anwar Syahrin Abdul Ajib.
Ahmad Tajuddin said Malakoff had also achieved several notable successes, including generating 168 megawatts of renewable energy capacity, ranging from large-scale solar and rooftop solar, to small-scale hydropower.
"Malakoff is committed to transformation, in line with the evolving needs of consumers and businesses. This is our dedication to minimising our environmental footprint and developing renewable energy solutions, while promoting environmental stewardship," he added.
Meanwhile, Anwar Syahrin said the initiative was an important step for the company to further improve the country's energy security, while reducing carbon emissions.
"Recognising the importance of maintaining our contribution to the country's economic growth and ensuring energy security, especially since we contribute about 21% of Peninsular Malaysia's energy production, it [has been] a correct decision for us.
“To stay relevant in the energy industry, we are committed to transitioning to renewable energy and neutralising our carbon footprint, while prioritising ESG (environmental, social and governance) and sustainability principles,” he said.