Mitsubishi Power's Commitment to Clean Energy Transition in Asia-Pacific
Key Ideas
- Mitsubishi Power emphasizes the importance of advancing energy infrastructure to address climate change while meeting the rising energy demand in Asia.
- The company plans to expand gas turbine expertise in Southeast Asia, with the capability to co-fire with hydrogen up to 30%, promoting a transition to cleaner energy sources.
- In Malaysia, Mitsubishi Power secured a contract for a new 500MW gas turbine combined cycle power plant in Miri, aligning with the country's commitment to achieving net-zero emissions by 2050.
- Mitsubishi Power is actively involved in decarbonisation efforts in the Asia-Pacific region by investing in technological solutions, including hydrogen production and storage facilities.
Mitsubishi Power's executive vice-president, Takao Tsukui, highlighted the significance of proper energy infrastructure in tackling climate change and meeting the growing energy demand in Asia. While traditional energy sources have benefited countries like Malaysia, there is a shift towards renewable sources to achieve net-zero emissions by 2050. Collaboration across sectors and borders is deemed essential for energy transition. Meanwhile, Mitsubishi Power Asia Pacific Pte Ltd announced the expansion of gas turbine expertise in Southeast Asia, with plans to co-fire with hydrogen up to 30%. The company secured a contract for a new 500MW power plant in Miri, Sarawak, supporting Sarawak's energy security strategy. Additionally, Mitsubishi Power completed a 5,300MW natural gas-fired power plant project in Thailand, enhancing its commitment to decarbonisation. The company's focus on technological solutions, including hydrogen production, signifies its dedication to clean energy solutions in the region and globally.
Topics
Asia
Energy Security
Decarbonisation
Energy Infrastructure
Economic Growth
Renewable Sources
Technology Solutions
Gas Turbines
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