Malaysia encourages investment in developing hydro energy
Malaysian government on May 23 announced the implementation of many renewable energy research and development programmes to encourage the participation of the private sector in the field of renewable energy.
Malaysian Minister of Natural Resources, Environment and Climate Change Nik Nazmi Nik Ahmad (right) at the press conference of ASEAN Green Hydrogen Conference 2023. (Photo: bernama.com)
Kuala Lumpur (VNA)🌼 – Malaysian government onMay 23 announced the implementation of many renewable energy research anddevelopment programmes to encourage the participation of the private sector in thefield of renewable energy.
Speaking at the ASEAN Green Hydro Conference 2023, Ministerof Natural Resources, Environment and Climate Change Nik Nazmi Nik Ahmad saidthat Malaysia welcomes domestic and foreign businesses to conduct investmentand trade activities in the energy sector. In early May, the Malaysian government lifted the ban on renewable energy exports. Energy demand in Malaysia is increasing due topopulation problems and economic growth, especially in the industrial sector.Between 2010 and 2018, energy demand increased by an average of 6% per year. The minister said that Malaysia has the potential tobecome a hydrogen fuel supply hub thanks to its geopolitical position at sea. The country's Sarawak state is aiming to become a global hub for green hydrogenproduction with large-scale commercial plans by 2027. He expressed his appreciation for the initial successin hydrogen fuel production, and highly evaluated the coordination between the state administrations and the federal government,contributing to the efforts to develop renewable energy. It is estimated that theglobal hydrogen economy will reach 2.5 trillion USD by 2050 with the creationof 30 million jobs. Hydrogen is a clean energy source, with almost no pollutingemissions, but only water vapor, formed through the electrolysis of water.Therefore, hydrogen is an almost inexhaustible and renewable source of energy./.
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The Centre for Volcanology and Geological Hazard Mitigation (PVMBG) of Indonesia on April 21 lifted its tsunami advisory issued previously following the eruption of Mount Ruang in Sitaro district of North Sulawesi province.
Thailand expects to export about 1 million tonnes of durian, valued at an estimated 130 billion THB (3.53 billion USD) this year, with most of the shipments to China, according to Minister of Agriculture Thammanat Prompao.
The 72nd meeting of the ASEAN Working Group on Intellectual Property Cooperation (AWGIPC) and related meetings are being held by the Ministry of Science and Technology’s Intellectual Property Office (IPO) of Vietnam in the central city of Da Nang on April 22-26.
Enhancing regional food security and tackling the pressing challenges of climate change will be key agendas defining Malaysia’s ASEAN Chairmanship in 2025, Speaker of the Dewan Rakyat (lower house) Johari Abdul told the press on April 19.
Malaysian Minister of Natural Resources, Environment and Climate Change Nik Nazmi Nik Ahmad (right) at the press conference of ASEAN Green Hydrogen Conference 2023. (Photo: bernama.com) 
