THE energy landscape is evolving at an unprecedented pace, driven by the imperatives of sustainability, reliability, accessibility, and equity.
Speaking at the International Petroleum Technology Conference (IPTC) Deputy Prime Minister Datuk Seri Fadillah Yusof said the event is a key platform for global industry leaders and stakeholders to assess the progress of the petroleum sector.
Held under the theme of ‘Energy for All: Reflect, Innovate, and Evolve’, it fosters valuable collaborations across nations, corporations, and experts, with a shared purpose of navigating the ongoing energy transition and creating a sustainable future for all.
Fadillah, who is also Minister of Energy Transition & Water Transformation, expressed the nation’s unwavering commitment to sustainable energy and energy equity.
“Malaysia's dedication has bought result to ensure access to affordable, reliable, and clean energy for all citizens, including those in rural and remote communities. As Malaysia assumes the ASEAN Chairmanship in 2025, under the theme ‘Inclusivity and Sustainability’, Malaysia’s vision and determination to address the energy transition's challenges is very real,” he said.
He added there is an unwavering commitment to achieving net-zero emissions by 2050, and Malaysia is pursuing ambitious initiatives, including the National Energy Transition Roadmap (NETR). This roadmap focuses on six key transition levers: energy efficiency, renewable energy, hydrogen, bioenergy, green mobility, and carbon capture, utilization, and storage (CCUS).
The Minister also emphasised Malaysia's substantial strides in renewable energy, particularly the growing share of solar, hydropower, biogas, and biomass in the nation’s power grid.
However, he acknowledged the ongoing reliance on transitional fuels such as natural gas and the need for scalable solutions in emerging technologies like biojet fuels, hydrogen, and electric propulsion.
“Despite challenges, Malaysia remains focused on reducing carbon emissions and enhancing energy access across the region.”
Fadhillah added, as part of its efforts, Malaysia has introduced several initiatives, including the corporate Renewable Energy Supply Scheme (CRESS) and the Community Renewable Energy Aggregation Scheme (CREAM), to drive the growth of renewable energy in the national grid.
The Minister outlined the government’s substantial investments in clean energy technologies, such as CCUS and hydrogen, to strengthen Malaysia’s position as a regional hub for clean energy innovations.
Datuk Seri Fadillah Yusof emphasised the importance of the ASEAN collaboration, particularly through initiatives like the ASEAN Power Grid, which aims to connect regional energy systems and establish ASEAN as a global green energy leader.
He called for bold action, sustained cooperation, and continuous innovation to ensure a prosperous, sustainable, and secure energy future for all.
“Malaysia’s leadership in the energy transition reflects the nation’s long-term vision of a green, inclusive, and resilient energy future, positioning itself at the forefront of regional and global efforts to tackle climate change and ensure energy security for future generations, he said. – February 18, 2025
