Malaysia's Ambitious Hydrogen Production Targets for Sustainable Future
Key Ideas
  • Malaysia aims to produce 2 million tonnes of hydrogen annually by 2030, scaling up to 16 million tonnes by 2050, to tap into the lucrative global green hydrogen market.
  • The Hydrogen Economy and Technology Roadmap (HETR) aims to decarbonize critical sectors like power generation and transportation, reducing greenhouse gas emissions by up to 10%.
  • Challenges like cost competitiveness are being addressed with plans to phase out fossil-fuel-based grey hydrogen and transition towards green hydrogen, leveraging blue hydrogen in the interim.
  • Key strategies include financial incentives, subsidies, tax exemptions, and capacity building programs to accelerate the adoption of green hydrogen and support hydrogen infrastructure and projects.
Malaysia is setting ambitious targets to produce hydrogen, aiming for 2 million tonnes annually by 2030 and scaling up to 16 million tonnes by 2050 under the Emission Driven Scenario. Science, Technology and Innovation Minister Chang Lih Kang highlighted that tapping into the hydrogen market could bring potential revenue of at least RM905 billion by 2050. The country plans to transition away from fossil fuels towards green hydrogen, utilizing blue hydrogen in the interim to reduce emissions. Challenges like cost competitiveness are being addressed through strategies such as financial incentives, subsidies, and tax exemptions. Key initiatives include making fuel cell electric vehicles more affordable, exploring financing mechanisms, and offering capacity building programs. The focus is on decarbonizing sectors like power generation and transportation to drive the hydrogen economy forward and accelerate the shift towards a sustainable energy future.
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