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Renewable Energy Malaysia Climate Export Potential

Malaysian State Announces Green Energy Agenda

Malaysian State Announces Green Energy Agenda

The government of Sarawak, one of the largest states in Malaysia, announced new plans to establish the state as a regional hub for renewable energy. The long-term energy goals for that state are to export power to Singapore and Brunei. This ambitious green energy plan presents new opportunities for U.S. Companies.

The Sarawak government’s roadmap for development aims to achieve sustainable growth and power communities with stable power while also addressing climate change. Sarawak is Malaysia’s largest renewable energy provider, with 70% of the total generation mix from hydropower resources. The government’s goal is to harness those resources to produce low-carbon hydrogen. With an abundance of resources, Sarawak is also focusing on developing its hydrogen economy.

Key opportunities for U.S. Exporters include:
·    Technologies that decarbonize and reduce gas flaring in the oil and gas sectors 
·    Facilities for storing liquified natural gas (LNG) 
·    Storage solutions for the power sector – mainly hydropower and solar power

Sarawak also seeks technical expertise in the following areas: 
·    Renewable energy generation, integration, and planning
·    Grid technologies and systems
·    Transmission & distribution systems 
·    Power systems operations, management, controls, and design

To learn more about upcoming events to connect U.S. companies and Malaysian stakeholders in the areas of Clean Energy, contact Jun Lim at office.kualalumpur@trade.gov
 

06/14/2022