IPP
, Malaysia
149 views
Source: TNB website | Tenaga Nasional Berhad (TNB) and PETRONAS signed a Memorandum of Understanding (MoU) to strengthen collaboration in driving innovative solutions towards decarbonisation in support of Malaysia’s carbon-neutral aspirations. Dato’ Indera Ir Baharin Din, TNB President and CEO (third left) and Datuk Tengku Muhammad Taufik, PETRONAS President and Group CEO (third, right) exchanged the MoU in the presence of Datuk Seri Takiyuddin Hassan, Energy and Natural Resources Minister (centre). Also present were Datuk Wira Roslan Ab Rahman, TNB Chief Regulatory and Stakeholder Management Officer (left), Dato’ Nor Azman Mufti, Managing Director TNB Power Generation (second left), Fauzi Mustafa, Deputy Director of Economic Planning Unit, Energy Division (second right) and Bacho Pilong, PETRONAS Senior Vice President of Project Delivery and Technology (right).

TNB, PETRONAS to explore green hydrogen development in Malaysia

This is in line with Malaysia’s carbon-neutral targets.

Tenaga Nasional Berhad (TNB) and PETRONAS have partnered to conduct a collaborative study for the development of green hydrogen ecosystem in and carbon capture and storage (CCS) technology in Malaysia. 

The memorandum of understanding is intended to support Malaysia’s 2050 target to achieve carbon neutrality. 

“The timing to embark on this effort is also perfect as the Government is scheduled to launch the National Energy Policy 2021-2040 soon that will outline Malaysia’s transition to green energy,” Datuk Seri Takiyuddin Hassan, Energy and Natural Resources Minister, said. 

Read more: TNB to invest $4.5b annually for energy transition

The MoU was signed by TNB President and Chief Executive Officer (CEO), Dato’ Indera Ir. Baharin Din and PETRONAS President and Group Chief Executive Officer (CEO), Datuk Tengku Muhammad Taufik.

Aside from the study, the parties will also look into developing green hydrogen fuel for power generation as well as intensify efforts to co-create green hydrogen ecosystem. This is to provide clean energy solutions in Malaysia and other markets. 

As a first step, TNB and PETRONAS will begin with the re-powering of the retired Sultan Ismail Power Station of TNB. 

 

Follow the link for more news on

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Could coal-based power still get funding
Asian markets have increased coal output to meet energy demand.
Indonesia’s new regulation speeds up energy transitions
The government has issued Presidential Regulation No. 112 of 2022 to limit the coal-fired power plants and gradually reduce coal consumption.