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NETR to facilitate Malaysia’s sustainable and inclusive energy system

admin by admin
July 21, 2023
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NETR to facilitate Malaysia’s sustainable and inclusive energy system
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by AUFA MARDHIAH / pic HUSSEIN SHAHARUDDIN

THE upcoming Nationwide Power Transition Roadmap (NETR) doc will function a strategic framework, outlining Malaysia’s imaginative and prescient, targets and actionable steps in the direction of attaining a sustainable and inclusive power system, alongside the Hydrogen Financial system and Expertise Roadmap (HETR).

Pure Sources, Atmosphere and Local weather Change (NRECC) Minister Nik Nazmi Nik Ahmad (image) stated the NETR will likely be introduced subsequent week by Financial Minister Rafizi Ramli.

Nik Nazmi additionally assured that his ministry will proceed its efforts to make sure the supply of a clear and dependable grid for the betterment of all.

“I do suppose that our focus shouldn’t be simply on the pace of the power transition but in addition attaining its targets equitably and successfully. We must always search to strike a proper stability between getting the transition carried out and guaranteeing our financial growth continues in addition to strengthens.

“Collectively, with shared function and dedication, we will usher Malaysia into an period of prosperity, powered by renewable power (RE) and marked by environmental stewardship,” he stated throughout a roundtable session discussing on navigating Malaysia’s power transition at this time.

Nik Nazmi additionally famous that Malaysia is anticipated to launch an power trade so as to help RE exports to neighbouring international locations. The Power Fee (EC) is at the moment getting ready paperwork to facilitate the trade which will likely be introduced this 12 months.

“NRECC will have a look at a number of current fashions to make sure there may be RE to produce in Malaysia; to get the very best indigo when bought overseas; to allow the worth to be reinvested to spice up the RE sector in Malaysia,” he stated.

In the course of the session, the minister inspired the personal sector and stakeholder funding within the profitable RE trade.

That is per Malaysia’s estimated RM600 billion required to help the expanded RE targets till 2050.

Individually on waste-to-energy (WTE), Nik Nazmi recognised it as the very best sustainable answer for Malaysia in comparison with landfill and opined that the difficulty is a matter of waste administration.

“We can’t have a look at it solely from an power standpoint; we should examine it to make sure that the economics work to allow the implementation of WTE in Malaysia.

“We’re taking a look at it from a number of views as a result of it entails state governments and municipal governments, which makes it a bit tougher,” he added.

In the meantime, Nik Nazmi declined to touch upon the unlawful mining problem in Kedah, however emphasised that there are rules in place and that everybody should abide by it, along with wanting to take care of forest reserves.

Moreover, he stated the federal government has permitted the usual working procedures on uncommon earth extraction on the Cupboard stage. A nationwide framework will likely be launched quickly which is able to define the matter so as to develop it throughout midstream and downstream, reasonably than simply exporting uncooked supplies abroad.

He additionally famous that NRECC is forming an exco committee to satisfy with state excos answerable for mining and pure sources after the state election to debate the matter.





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