KUALA LUMPUR, The Sarawak government is committed to prioritise the large-scale solar, bioenergy, including biogas and biomass, waste to energy as well as pump hydro storage areas to address the intermittency of variable renewable energy (RE) and clean energy generation technologies, said Sarawak Premier Tan Sri Abang Johari Tun Openg.
He said there are huge opportunities for investors to collaborate with Sarawak and grow the clean energy generation sector as all economic activities will depend on energy.
‘Our strength is hydrogen and if we are able to generate it at a more competitive price, Malaysia can become one of the big players,’ he told the media after officiating at the MIDA Invest Series titled ‘Sarawak unfolding its business potentials’ here today.
He also believed the cost to produce green hydrogen would be cheaper within 10 years with the advancement of production technology and would possibly be competitive with fossil fuels such as diesel.
‘You would not need any more subsidy for diesel ev
entually because of having alternative energy,’ he said.
Currently, the Sarawak government is exploring various new technologies that can generate more RE sources to achieve its target of producing 10 gigawatts (GW) of power by 2030.
The event, organised by the Malaysian Investment Development Authority (MIDA) and the Sarawak government, aimed to highlight Sarawak’s dynamic business landscape, presenting untapped business and investment opportunities, and facilitating engagement with key state agencies and stakeholders.
The programme featured three sessions, highlighting Sarawak’s strategic initiatives and investment opportunities in key sectors, sustainable port infrastructure development, and the roadmap of digital economy and digital transformation in Sarawak, presented by esteemed speakers from relevant state agencies.
Source: BERNAMA News Agency
