Latest news with #ASEANPlanofActionforEnergyCooperation
The Sun
26-05-2025
- Business
- The Sun
Malaysia urges ASEAN unity for fair, inclusive energy transition
KUALA LUMPUR: Malaysia, as ASEAN Chair for 2025, has called on member states to step up regional cooperation to drive a fair, secure and inclusive energy transition, in line with climate goals and the region's growing energy demand. Deputy Prime Minister Datuk Seri Fadillah Yusof said the region's energy future must be grounded in unity, practical frameworks and mutual benefits. 'As Chair of ASEAN in 2025, Malaysia is deeply committed to promoting dialogue, building consensus and advancing regional frameworks that will power a cleaner, more secure and more inclusive energy future,' he said. He said this in his keynote address at the Energy Transition Meeting in ASEAN: Fostering Regional Cooperation organised by MyDigital here today. Fadillah, who is also the Minister of Energy Transition and Water Transformation, said ASEAN's energy demand has been growing faster than the global average, at three per cent annually, and is projected to rise by more than 60 per cent by 2040, presenting both opportunities and challenges. 'This growth, while reflective of our economic dynamism, presents us with a pressing dilemma: how do we continue powering our progress while safeguarding environmental sustainability and ensuring affordability for all? 'The answer lies in a managed, inclusive and well-coordinated energy transition, one that reflects the diversity of ASEAN while advancing a common vision,' he said. He highlighted ASEAN's progress under the ASEAN Plan of Action for Energy Cooperation (APAEC) Phase II, noting that renewable energy now makes up 34 per cent of installed electricity capacity, though its share in total primary energy supply remains at 16 per cent. 'Vietnam has rapidly expanded its solar capacity by more than 20GW since 2019; Indonesia is anchoring a Just Energy Transition Partnership to transition to cleaner energy sources with at least USD20 billion of support; (and) Thailand has adopted a Bio-Circular-Green Economy model to align sustainability with productivity,' he said. He also reaffirmed Malaysia's target of 70 per cent renewables in installed capacity by 2050 under the National Energy Transition Roadmap (NETR). Fadillah said regional integration was crucial, especially through mechanisms like the ASEAN Power Grid (APG), which aims to unlock cross-border power trade, leveraging the region's uneven distribution of renewable resources. 'The Laos-Thailand-Malaysia-Singapore Power Integration Project (LTMS-PIP) is a prime example of how multilateral electricity trade is possible, allowing countries to work together to deliver renewable electricity across borders. 'From a national perspective, Malaysia commenced its first cross-border green electricity trade with Singapore through ENEGEM (Energy Exchange Malaysia). In just 148 days, over 107 TWh of green electricity generated from solar and hydro has been successfully delivered across the Causeway to Singapore,' he added. He stressed the need to harmonise green attributes such as Renewable Energy Certificates (RECs) across the region to boost investor confidence and prevent double-counting. 'Malaysia strongly supports an ASEAN-wide framework for green attributes that aligns with international best practices,' he said, adding that this will be one of the priorities under Malaysia's ASEAN Chairmanship. Fadillah said Malaysia would work through existing ASEAN platforms and newer partnerships like the ASEAN-Gulf Cooperation Council and ASEAN-China dialogues, noting that the Gulf states bring substantial expertise in utility-scale renewables while China offers technology and financing. 'ASEAN must negotiate from a position of unity. A coordinated regional stance enhances our bargaining power, attracts large-scale investments and sends a strong signal that ASEAN is open for green business,' he said.
Barnama
26-05-2025
- Business
- Barnama
Malaysia Urges ASEAN Unity For Fair, Inclusive Energy Transition
GENERAL KUALA LUMPUR, May 26 (Bernama) -- Malaysia, as ASEAN Chair for 2025, has called on member states to step up regional cooperation to drive a fair, secure and inclusive energy transition, in line with climate goals and the region's growing energy demand. Deputy Prime Minister Datuk Seri Fadillah Yusof said the region's energy future must be grounded in unity, practical frameworks and mutual benefits. 'As Chair of ASEAN in 2025, Malaysia is deeply committed to promoting dialogue, building consensus and advancing regional frameworks that will power a cleaner, more secure and more inclusive energy future,' he said. He said this in his keynote address at the Energy Transition Meeting in ASEAN: Fostering Regional Cooperation organised by MyDigital here today. Fadillah, who is also the Minister of Energy Transition and Water Transformation, said ASEAN's energy demand has been growing faster than the global average, at three per cent annually, and is projected to rise by more than 60 per cent by 2040, presenting both opportunities and challenges. "This growth, while reflective of our economic dynamism, presents us with a pressing dilemma: how do we continue powering our progress while safeguarding environmental sustainability and ensuring affordability for all? 'The answer lies in a managed, inclusive and well-coordinated energy transition, one that reflects the diversity of ASEAN while advancing a common vision,' he said. He highlighted ASEAN's progress under the ASEAN Plan of Action for Energy Cooperation (APAEC) Phase II, noting that renewable energy now makes up 34 per cent of installed electricity capacity, though its share in total primary energy supply remains at 16 per cent. 'Vietnam has rapidly expanded its solar capacity by more than 20GW since 2019; Indonesia is anchoring a Just Energy Transition Partnership to transition to cleaner energy sources with at least USD20 billion of support; (and) Thailand has adopted a Bio-Circular-Green Economy model to align sustainability with productivity,' he said.
The Sun
16-05-2025
- Politics
- The Sun
'Be a catalyst for change': DPM Fadillah inspires PETRA staff toward national progress
PUTRAJAYA: Deputy Prime Minister cum Minister of Energy Transition and Water Transformation Datuk Seri Fadillah Yusof today said honesty, commitment and first-class thinking must continue to be instilled among workers as the backbone of the country's progress. He said this through a Facebook post in conjunction with the Ministry of Energy Transition and Water Transformation's (PETRA) monthly assembly today. 'The assembly is not just a monthly routine, but a space for reflection and an injection of enthusiasm for all of us to continue moving forward with commitment and integrity. 'Every effort we make today is an investment in the future of the country. Continue to move forward with confidence, serve honestly, and be a catalyst for change that benefits all the people,' he said. In conjunction with World Water Day 2025, themed 'Glacier Preservation', Fadillah also called on all parties to practice prudent water use. During the assembly, Fadillah said he also shared several important events involving PETRA, including the gas pipeline fire in Putra Heights, which demonstrated the efficiency of the PETRA team in acting quickly to ensure continuity of supply. He said PETRA also co-hosting the ASEAN Centre for Energy for the ASEAN Nuclear Energy Cooperation - Sub-sector Network (NEC-SSN) Meeting, driving strategic discussions related to nuclear energy in the implementation of the ASEAN Plan of Action for Energy Cooperation (APAEC) 2026-2030. In strengthening international relations, various courtesy visits and working visits have been carried out involving countries such as the United States, New Zealand, Palestine, Japan, Korea, Turkey, the United Kingdom and France, he added.
The Sun
16-05-2025
- Politics
- The Sun
DPM Fadillah inspires PETRA staff toward national progress
PUTRAJAYA: Deputy Prime Minister cum Minister of Energy Transition and Water Transformation Datuk Seri Fadillah Yusof today said honesty, commitment and first-class thinking must continue to be instilled among workers as the backbone of the country's progress. He said this through a Facebook post in conjunction with the Ministry of Energy Transition and Water Transformation's (PETRA) monthly assembly today. 'The assembly is not just a monthly routine, but a space for reflection and an injection of enthusiasm for all of us to continue moving forward with commitment and integrity. 'Every effort we make today is an investment in the future of the country. Continue to move forward with confidence, serve honestly, and be a catalyst for change that benefits all the people,' he said. In conjunction with World Water Day 2025, themed 'Glacier Preservation', Fadillah also called on all parties to practice prudent water use. During the assembly, Fadillah said he also shared several important events involving PETRA, including the gas pipeline fire in Putra Heights, which demonstrated the efficiency of the PETRA team in acting quickly to ensure continuity of supply. He said PETRA also co-hosting the ASEAN Centre for Energy for the ASEAN Nuclear Energy Cooperation - Sub-sector Network (NEC-SSN) Meeting, driving strategic discussions related to nuclear energy in the implementation of the ASEAN Plan of Action for Energy Cooperation (APAEC) 2026-2030. In strengthening international relations, various courtesy visits and working visits have been carried out involving countries such as the United States, New Zealand, Palestine, Japan, Korea, Turkey, the United Kingdom and France, he added.
Yahoo
16-04-2025
- Automotive
- Yahoo
New report reveals why cities are rushing to replace thousands of streetlights: 'Accelerating the adoption'
A new report shows that 70% of cities in Southeast Asia have installed solar streetlights. The Association of Southeast Asian Nations Energy Report 2024 notes that this saves money and supports clean energy, as TechBullion reported. It can also prevent crime, make roads safer, and boost nighttime economic activity. Rising and volatile dirty energy prices affect electricity costs, and these 10 countries are working toward energy security and meeting carbon pollution reduction commitments. The streetlights can have an especially profound impact in large cities such as Jakarta, Manila, and Bangkok. Ho Chi Minh City and Kuala Lumpur have also benefited. "By using solar energy, cities no longer need grid power, reducing streetlight costs by 60-70%," TechBullion stated, pointing out that ASEAN said streetlights and other public lamps make up 20% to 30% of urban electricity demand. Vietnam, Malaysia, and the Philippines have banked millions of dollars per year because of "large-scale solar streetlight projects," allowing more money to be spent on health care, education, and transportation infrastructure, per the outlet. One bonus is that the solar lights feature sensors that track movement to facilitate brightness adjustments and optimize efficiency. Another is that reducing light pollution — which has been increasing and affects 83% of the world's population — helps people sleep better and keeps ecosystems intact by protecting trees, preventing insect deaths, and making bird migration safer. TechBullion said that the solar capacity of ASEAN has doubled over five years, per the International Renewable Energy Agency, and the ASEAN Plan of Action for Energy Cooperation has set a goal for the countries to use 23% renewable energy this year. Thailand, Indonesia, and Cambodia are "actively promot[ing]" these solar streetlights as part of the movement. Many ASEAN countries experience extreme weather events that knock out power. Aging infrastructure and growing populations that contribute to energy shortages aren't helping. But subsidies, tax incentives, and public-private partnerships are. "These fiscal policies have accelerated the adoption of solar streetlights, making them an economically viable solution for cities," TechBullion reported. Do you think EVs will dominate our roads in 15 years? No way Absolutely yes Only in some areas I'm not sure Click your choice to see results and speak your mind. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.
