Saturday 23 Nov 2024
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JAKARTA (Sept 5): As the incoming Asean chairman in 2025, Malaysia is committed to accelerating the clean energy transition, and will work on strengthening regional cooperation and enhancing connectivity across the region’s energy systems.

By doing so, Malaysia’s Deputy Prime Minister Datuk Seri Fadillah Yusof, who is also the Minister of Energy Transition and Water Transformation, said Asean could make significant strides towards a sustainable and resilient energy future for all member states.

“Malaysia recognises that initiatives aimed at integrating our energy systems and advancing the use of renewable and low-carbon energy sources such as the Asean Power Grid and Trans-Asean Gas Pipeline will be prominent drivers for our collective energy future,” he said at the Indonesia International Sustainability Summit (ISF) on Thursday.

In his address titled “Green Industry: Advancing Low Carbon Energy Sources”, Fadillah expressed satisfaction with the region’s progress in cooperation, highlighting the Asean Plan of Action for Energy Cooperation (APAEC) as a key framework for driving the region’s low-carbon transition.

Speaking to reporters later, Fadillah highlighted Malaysia’s commitment to reducing its carbon footprint, improving energy efficiency and boosting renewable energy to create a greener industry.

Malaysia aims to raise its renewable energy capacity to at least 70% of its power generation mix, from the current 27%, by enhancing the deployment of renewable energy, leveraging natural resources, strategic location, and technological advancements.

Key focus areas include solar energy, supported by initiatives like the large-scale solar programme and net energy metering scheme, as well as hydropower projects in East Malaysia and mini-hydro developments in West Malaysia.

“Malaysia plans to invest in biomass and biogas technologies to diversify its renewable energy portfolio and promote a circular economy,” he said.

Fadillah joined several ministers from various countries at the ISF, with the theme “Towards Sustainable and Inclusive Growth”, which was officiated by Indonesian President Joko Widodo.

The forum, attended by over 8,000 participants, discussed topics such as the green economy, energy transition, biodiversity and nature conservation, sustainable living, and the blue economy.

Fadillah is expected to attend a gala dinner with approximately 500 invited guests at the National Monument area, hosted by Indonesian Vice President Maruf Amin on Thursday evening.

Uploaded by Liza Shireen Koshy

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