Latest news with #EnergyTransitionandWaterTransformation
The Star
35 minutes ago
- Business
- The Star
Nuclear energy assessment underway to boost future power mix, says Fadillah
JOHOR BARU: Malaysia is examining the role of nuclear energy as a potential option for clean, stable and competitive electricity within the nation's future energy mix, says Datuk Seri Fadillah Yusof. The Deputy Prime Minister said the government is undertaking the structured assessment following the presentation of the 13th Malaysia Plan by Prime Minister Datuk Seri Anwar Ibrahim recently. 'The initiative takes into account the need to diversify energy sources, strengthen long-term energy security, support carbon emission reduction targets and reduce dependence on fossil fuels. 'This is in line with the country's climate change commitments and growing energy demand,' he said when officiating the 12th Asean Network of Regulatory Bodies of Atomic Energy (Aseantom) annual meeting at a hotel here on Monday (Aug 11). He added that the government's priority is to ensure that any future consideration is grounded in comprehensive technical analysis, aligned with national development priorities and in full compliance with international obligations. Fadillah, who is also the Energy Transition and Water Transformation Minister, noted that the Nuclear Energy Programme Implementing Organisation, MyPower Corporation, has been tasked with coordinating preparatory efforts in accordance with the guidelines recommended by the International Atomic Energy Agency (IAEA). This preparatory phase is being implemented through a well-structured coordination framework, involving technical committees across ministries, departments and agencies, to ensure an integrated and comprehensive national approach, he said. Fadillah added that the implementation will follow the IAEA guidance and approach, covering aspects such as national positioning, legal and regulatory frameworks, stakeholder engagement and human resource development. 'Through Aseantom, our regulators have worked closely with the IAEA and partners to harmonise safety standards, strengthen emergency preparedness and invest in human capital. 'These efforts ensure our policies, licensing systems and responses are transparent, accountable and globally recognised,' he said. Fadillah also stressed that Malaysia reaffirms its commitment to the South-East Asia Nuclear-Weapon-Free Zone Treaty. 'We urge nuclear-weapon states to sign and ratify the protocol without delay,' he said, adding that a strong, enforceable nuclear-weapon-free zone remains a vital pillar of regional peace, mutual trust and long-term security. The five-day Aseantom meeting brought together top representatives of atomic energy regulatory bodies from 10 Asean member states, along with dialogue partners such as Japan, South Korea and international organisations including the IAEA.
New Straits Times
4 days ago
- Business
- New Straits Times
Fadillah: Perlis, Kedah, Kelantan water firms underperform, fail to meet KPIs
KUALA LUMPUR: Water companies in Perlis, Kedah and Kelantan have recorded unsatisfactory performance after failing to meet key performance indicators (KPIs) set by the government. In contrast, water service providers in Penang, Selangor and Johor were recognised for delivering top-tier performance. Deputy Prime Minister Datuk Seri Fadillah Yusof, who is also the Energy Transition and Water Transformation Minister, said the government's current focus is on ensuring water operators in the underperforming states meet the established KPIs. He said this is crucial to ensure water supply security and to reduce the number of complaints from consumers, especially domestic users. "Whatever steps we take, our main focus remains on the people — ensuring that any increase in rates will not burden domestic users, who make up the majority," he said during Minister's Question Time (MQT) in the Dewan Rakyat today. The five KPIs set for water operators include ensuring sufficient reserve margin, treated water quality, non-revenue water (NRW) management, complaint resolution, and repair response time. To ensure the improvement of water services nationwide, Fadillah said the government has allocated RM7.7 billion in capital expenditure (CAPEX) under the Second Implementation Phase (TP2), with 82 projects approved. "Of the 82 projects, 23 are aimed at improving water supply sufficiency, 20 for water quality enhancement, 20 for reducing NRW, 16 for improving distribution systems, and the remaining three are for other purposes," he said.
The Star
4 days ago
- Business
- The Star
New electricity tariffs aligns with Malaysia's goal to promote renewable sources, Dewan Rakyat told
KUALA LUMPUR: The new electricity tariffs that took effect from July 1, were designed to encourage the exploration and use of renewable energy sources among non-domestic users, the Dewan Rakyat was told. Deputy Energy Transition and Water Transformation Minister Akmal Nasrullah Mohd Nasir said that the revised tariff structure aims to reflect the actual cost of electricity supply and promote sustainability by providing a fair and equitable platform for participation among non-domestic users. He added that this change is expected to drive interest and investment in renewable energy (RE) sources, contributing to Malaysia's goal of achieving net-zero carbon emissions by 2050. "The transparency in supply cost components is designed to motivate non-domestic users to explore renewable energy options, providing them with more competitive alternative electricity sources," Akmal Nasrullah said during the Question Time in the Dewan Rakyat on Thursday (Aug 7). He was responding to a question by Zahir Hassan (PH-Wangsa Maju) who had asked the ministry to explain how the implementation method of the new electricity tariff schedule reflects the commitment to energy transition in order to achieve net-zero carbon emissions by 2050. Akmal Nasrullah said that the new tariff schedule, announced in June, introduced a more transparent framework that breaks down charges into energy, capacity, network, and retail components for each user category. He also said that this restructuring is part of a broader strategy to educate users on the complexities of electricity supply costs and encourage smarter energy consumption. 'These changes align with the national energy transition agenda, which seeks to balance electricity demand with the increased use of RE sources. 'In addition to promoting renewable energy, the Ministry has also introduced energy-efficient incentives for domestic users consuming up to 1,000 kWh and micro, small and medium enterprises (MSMEs) using up to 200 kWh,' he said. He added that these incentives aim to encourage prudent and efficient energy use, further supporting the transition to a more sustainable energy landscape.
The Star
4 days ago
- Business
- The Star
Malaysia expected to attract RM637bil investments in RE, green technology by 2050
KUALA LUMPUR: Malaysia is expected to attract direct investments of about RM637 billion in renewable energy (RE) and green technology, in addition to creating 310,000 job opportunities by 2050, according to the Ministry of Energy Transition and Water Transformation (PETRA). Deputy Prime Minister and Minister of Energy Transition and Water Transformation Datuk Seri Fadillah Yusof said the government has also set the local ownership equity in all RE projects introduced and implemented to be at least 51 per cent. He said this is to ensure that highly skilled job opportunities and technology transfer to local workers are carried out. "This includes the implementation of the Large-Scale Solar Programme, Feed-in Tariff Programme, Corporate Renewable Energy Supply Scheme (CRESS) Programme and the Community Renewable Energy Aggregation Mechanism (CREAM) Programme,' he said in a written reply to a question from Datuk Abdul Khalib Abdullah (Rompin-PN) in Dewan Rakyat. Abdul Khalib wanted to know the ministry's plans to attract foreign direct investment in the green technology and circular economy sectors related to energy and water, as well as the expected impact on the creation of highly skilled job opportunities and technology transfer to the local workforce. Fadillah said the government would focus efforts on strengthening existing RE initiatives to provide certainty, incentives and wider green electricity supply options to industry players so that it would be an attractive factor for investors to invest in the country's RE industry value chain. He said that among the efforts that would be continued included strengthening the implementation of the Large-Scale Solar Programme as one of the main solar generation programmes to attract investments in the RE sector with minimal tariff increase implications for electricity consumers. "The government will also continue to implement the feed-in tariff mechanism and the Low Carbon Energy Generation Programme as a specific programme to attract investments in the field of generation from non-solar sources. "The ministry will streamline the implementation of CRESS to enable companies investing in the country to obtain green electricity supplies from selected RE generators directly, in addition to utility companies to fulfill environmental, social and governance commitments as well as continue to provide tax incentives, Green Investment Tax Allowance and Green Income Tax Exemption,' he added. - Bernama
The Sun
4 days ago
- Business
- The Sun
SPAN approves RM7.7 billion for 82 water projects nationwide
KUALA LUMPUR: The National Water Services Commission (SPAN) has approved RM7.7 billion in capital expenditure for 82 water service improvement projects under the tariff setting mechanism (TSM) for the second implementation period. Energy Transition and Water Transformation Minister Datuk Seri Fadillah Yusof stated these projects aim to enhance water service quality for consumers. The projects include 23 for adequate water supply, 20 for water quality improvement, 20 for reducing non-revenue water, 16 for distribution system upgrades, and three for related matters. Fadillah noted Penang, Selangor, and Johor have the best-performing water companies based on key performance indicators. He added Perlis, Kedah, and Kelantan remain below satisfactory standards in water service performance. During the Dewan Rakyat session, Fadillah addressed concerns about tariff adjustments under TSM TP2, effective from August 2025. He assured the ministry will prioritise minimising public burden, especially for the B40 income group. The ministry will focus on improving supply reliability and reducing complaints in top-performing states. Fadillah emphasised the need to address non-revenue water (NRW), which exceeds 50% in some states. He highlighted that half of treated water is lost before reaching consumers due to NRW. The ministry is introducing grant schemes to help states reduce NRW and conserve treated water. Efforts are underway to accelerate the replacement of ageing pipes nationwide to curb water loss. - Bernama
