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Grid investments and electricity planning needed to decarbonise Malaysia's energy sector, but sectoral reform needed

Eco-Business LogoEco-Business1w ago

Grid investments and electricity planning needed to decarbonise Malaysia's energy sector, but sectoral reform needed - Eco-Business

Quick Summary:

While Malaysia has pledged an ambitious 70 per cent renewable energy target by 2050, mobilising investments in the grid and utilising "quick wins” may be key to realising goals while awaiting sectoral reforms.

How the energy sector can overcome sectoral reforms – key to building long-term resilience and decarbonising the energy sector – was a key topic of discussion at the Malaysia edition of the Asia Pacific Energy Talks, organised by global energy technology company Siemens Energy.

MyPower is a special-purpose agency under the Ministry of Energy Transition and Water Transformation (Petra), tasked to organise key reforms of Peninsular Malaysia’s Electricity Supply Industry (MESI) initiative.


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Article Details

Author / Journalist: Siva Selan

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-05 @ 08:18:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: eco-business.com

Language: English

Article Length: 1316 words

Reading Time: 8 minutes read

Sentences: 43 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Eco-Business

News ID: 24136332

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About Eco-Business

Main Topics: EconomyBusiness

Official Website: eco-business.com

Year Established: 2009

Headquarters: Singapore

News Last Updated: 5 days ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #100

Publisher Details

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  • URL: https://beamstart.com/news/grid-investments-and-electricity-planning-17333907

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