Malaysia Needs To Focus On International Collaborations In Expediting Energy Transition – PM Anwar

Malaysia  Needs To Focus On International Collaborations In Expediting Energy Transition – PM Anwar

KUALA LUMPUR, Aug 29 (NNN-Bernama) — Malaysia needs to focus on the importance of international collaborations in expediting the energy transition initiative as collective efforts could drive positive change for a cleaner and more sustainable future, said Prime Minister Anwar Ibrahim.

He said by working together, the collective strengths can be leveraged to accelerate the deployment of renewable technologies, the development of innovative energy storage solutions, and the enhancement of energy efficiency practices.  

“Malaysia’s strategic position as the ASEAN Energy Hub enables us to play a pivotal role in advancing the region’s sustainable energy future towards Net Zero ASEAN,” Anwar said at the launch of the second phase of the National Energy Transition Roadmap here.

The launch was held on the sidelines of the Energy Transition Conference 2023. 

Anwar said Malaysian utility companies such as TNB (Tenaga Nasional Berhad) and Sarawak Energy are progressing in the cross-border business, leveraging the ASEAN Power Grid to improve broader energy security prospects and further enhance economic integration with neighbouring countries. 

“TNB is leading discussions with ASEAN utilities and governments for resource-sharing and flexibility solutions at scale. The move will accelerate the energy transition pace in a responsible manner while balancing the elements of the energy trilemma,” he said.  

Meanwhile, Anwar said the conference will be instrumental in accelerating a responsible energy transition in both local and regional collaborations to strengthen inter-regional grid connections, in particular for the ASEAN region, towards greater energy security.

— NNN-BERNAMA

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