The Ministry of Economic in Malaysia has adopted the National Energy Transition Roadmap (NETR), with the goal of accelerating energy transition and promoting the shift from fossil fuel-based economic model to a green economy. NETR seeks to open up investment opportunities up to RM 1.85 trillion.
The roadmap is divided into two phases. The first phase was officially launched on July 27th, including 10 key catalyst initiatives: energy efficiency, renewable energy zone, utility-scale energy storage systems, energy security, green hydrogen, hydrogen and ammonia co-firing project between Tenaga Nasional and Petronas, biomass demand creation, future mobility, future fuels, and carbon capture and storage.
