Malaysia's Green Hydrogen Ambition: A Roadmap Towards Sustainable Energy Future
Key Ideas
- MOSTI aims to produce 2 million tons of hydrogen annually, scaling up to 16 million tons by 2050 to support decarbonisation in key sectors like power generation and transportation.
- Transition from grey to green hydrogen through the Economy and Technology Roadmap (HETR), focusing on cost competitiveness and reducing greenhouse gas emissions.
- Financial incentives like Green Investment Tax Allowance and Green Income Tax Exemption are offered to accelerate the adoption of green hydrogen in Malaysia.
- Collaboration efforts with PETRONAS and international partners, along with initiatives like fuel cell electric vehicles and hydrogen mobility, aim to position Malaysia as a leader in sustainable energy solutions.
The Ministry of Science, Technology, and Innovation in Malaysia is striving towards a green hydrogen future with ambitious targets outlined in the Economy and Technology Roadmap (HETR). Minister Chang Lih Kang emphasized the importance of transitioning from grey to green hydrogen to tackle climate change and reduce reliance on fossil fuels. The roadmap includes plans to produce 2 million tons of hydrogen annually, eventually scaling up to 16 million tons by 2050, focusing on the decarbonisation of key sectors like power generation and transportation.
Financial incentives such as Green Investment Tax Allowance and Green Income Tax Exemption are being provided to promote the adoption of green hydrogen. The roadmap also addresses the challenge of cost competitiveness and aims to make hydrogen cheaper than diesel by 2050. Collaboration efforts with PETRONAS and international partners like UNIDO are key in advancing green hydrogen capabilities.
Additionally, initiatives like subsidies for fuel cell electric vehicles, tax exemptions, and the development of hydrogen infrastructure through financing mechanisms are in progress. Capacity building programs are being implemented to equip industry professionals with the skills needed for the hydrogen economy. Malaysia's collaboration with PETRONAS on blue hydrogen and the upcoming launch of Malaysia’s first Mobile Hydrogen Refuelling Station in Putrajaya reflect the country's commitment to clean energy.
Overall, the HETR roadmap is comprehensive, encompassing the entire hydrogen supply chain and emphasizing research, development, and collaboration across various sectors. Malaysia's efforts towards a sustainable energy future through green hydrogen showcase a positive outlook on the country's commitment to combating climate change and transitioning towards renewable energy sources.
Topics
Production
Renewable Energy
Energy Transition
Decarbonisation
Sustainable Development
Financial Incentives
Technology Roadmap
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