Business

S’wak can become key player in region’s energy transition: premier

State’s generation mix has transitioned from 92% fossil fuels to 70% hydropower from 2010 to 2015

Updated 3 years ago · Published on 25 Oct 2022 4:39PM

S’wak can become key player in region’s energy transition: premier
Sarawak Premier Tan Sri Abang Johari Tun Openg says the state can play a key role in accelerating Southeast Asia’s energy transition following its growth agenda in supporting a resilient and sustainable energy future for a common regional prosperity. – Bernama pic, October 25, 2022

KUCHING – As Malaysia’s largest renewable energy provider, Sarawak can play a key role in accelerating Southeast Asia’s energy transition by working together with its neighbours and sharing its resources.

Sarawak Premier Tan Sri Abang Johari Tun Openg said the state’s growth agenda supported a resilient and sustainable energy future for common regional prosperity.

“The lower levelised cost of energy from renewable hydropower also benefits Sarawak’s domestic, industrial, and export customers by supplying them with affordable, reliable, and sustainable electricity – in fact, the most competitive in the region.

“Through our wholly state-owned utilities company Sarawak Energy, I am proud to say that Sarawak currently offers the lowest average unsubsidised tariffs in Southeast Asia and our electricity is primarily green,” he said in his address at the Singapore Energy Summit in conjunction with Singapore International Energy Week in Singapore today.

In order to fulfil its commitment to lower carbon emissions and decrease reliance on fossil fuels, Abang Johari said Sarawak had ambitiously aligned its post-Covid-19 development strategy to expand its initial strategic economic blueprint under the Sarawak Corridor of Renewable Energy launched in 2008. 

“Our generation mix has successfully transitioned from 92% fossil fuels in 2010 to 70% hydropower by 2015, complemented by thermal resources for energy security.

“This shift has decarbonised our grid emission intensity by 72% between 2010 and 2020 and continues to drive our sustainable socio-economic growth in the present day,” he added. – Bernama, October 25, 2022

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