KUALA LUMPUR — Malaysia has retained its position as the fifth largest liquefied natural gas (LNG) exporter in 2023, after Russia, Qatar, Australia and the United States.

KUALA LUMPUR (June 25): Economy Minister Rafizi Ramli said governments must adopt a holistic approach to policy and infrastructure to bolster renewable energy (RE) supply and ensure sustainable development.

The Dewan Rakyat today passed the Energy Efficiency and Conservation Bill 2023, in consideration of an amendment made by the Dewan Negara under Standing Order 73 (1). The Bill, presented by Deputy Minister of Energy Transition and Water Transformation Akmal Nasrullah Mohd Nasir, was approved with a majority voice vote after being debated by two Members of Parliament.

A company in the Netherlands has created an electrolyser that can store renewable energy in a battery and produce green hydrogen to be used in power stations. It can potentially play an important role in Europe's quest for emissions-free energy. If Europe is to meet ambitious 2050 net zero emissions targets renewable energy will play a crucial role, and central to that will be clean technologies.

Malaysia’s Economy Minister Rafizi Ramli said energy transition is a catalyst for higher quality investments to propel the country forward. This comes as Malaysia works towards a target of 70 per cent of renewables in its power mix by 2050. He said the benefits of energy transition transcends party politics in Malaysia and needs to stay on course regardless which government is at the helm.

Smart electricity metering in Asia-Pacific is expected to grow at a rate of over 6% from 818.6 million units in 2023 to nearly 1.2 billion units in 2029, Berg Insight has reported. At this pace, the milestone of 1 billion installed devices will be reached in mid-2026. With this, the penetration rate of smart electricity meters in the region will grow from 61% in 2023 to 80% in 2029 while cumulative shipments during 2024–2029 will amount to a total of 872.7 million units.

Solarvest Holdings Bhd (KL:SLVEST) has partnered with Taiwanese renewable energy (RE) player GreenRock Energy to develop one-gigawatt (GW) green energy projects in Taiwan and Malaysia, in the next five years. Through this collaboration, GreenRock Energy aims to accelerate its regional expansion by harnessing Solarvest’s expertise in Malaysia and the Southeast Asia market amid heightened demand for RE, according to Solarvest in a statement.

Malaysia has established a phase-out plan for existing coal-fired power plants by reducing it to 50% by 2035 and completely retiring the plants by 2044, said Deputy Prime Minister Datuk Seri Fadillah Yusof at the London Climate Action Week. Fadillah, who is also the Minister of Energy Transition and Water Transformation, was speaking at the high-level dialogue session for a global coal phase out. The event was organised by Powering Past Coal Alliance, which is co-chaired by the United Kingdom and Canada, and Bloomberg Philanthropies.

June 3 (Reuters) - Wind and solar power generation in the European Union increased by 46% from 2019, when the current European Commission took office, to 2023, displacing a fifth of the bloc's fossil fuel generation, a report by think tank Ember showed.

THE Sustainable Energy Development Authority (SEDA) Malaysia, will be organising the sixth International Sustainable Energy Summit (ISES) 2024, a cornerstone event for sustainable energy dialogue and innovation, on August 20-21, at the Kuala Lumpur Convention Centre (KLCC).

KUALA LUMPUR (May 31): Malaysia is among the hubs in the Asia Pacific (Apac) region rapidly emerging as key players in the carbon capture and storage (CCS) sector, according to Rystad Energy.

The world is at a critical inflection point where societies and industries are rapidly transforming. Changing our energy systems to be cleaner while meeting energy needs worldwide and ensuring stable and secure futures requires large-scale transformations in industry and society.