A Hydrogen Economy In Malaysia Could Generate RM12B by 2030

Folks, hydrogen is heading our way, whether you like it or not. According to Chang Lih Kang, the Minister of Science, Technology, and Innovation (MOSTI), the Malaysian government would keep up its increased efforts to bring green hydrogen technology here in order to guarantee that the RM 12 billion target income through a hydrogen economy is reached by 2030.

According to the minister, the government’s present goal is to create supply and demand, which will advance its clean energy efforts and boost the GDP of the country, as reported by Bernama.

Screenshot

“We want to establish demand and supply since this is a brand-new ecosystem,” according to Chang. “Hydrogen is very important as it facilitates  the transformation of our energy sources to cleaner alternatives.”

Chang was giving a speech during the Mobile Hydrogen Refuelling Unit (MHRU) demonstration in Putrajaya. To show off hydrogen’s potential, Prime Minister Datuk Seri Anwar Ibrahim made an appearance, chauffeured in a Toyota Mirai fuel-cell electric vehicle (FCEV).

Chang also said that MOSTI has started demonstrating the potential of hydrogen mobility in Peninsula Malaysia by working with UMW Toyota Motor on crucial first measures. The first MHRU is expected to debut in Putrajaya in the second half of this year. Of course, these initiatives must focus on testing and implementing the very small number of road-going hydrogen-powered fuel-cell cars like the Toyota Mirai you see in this photo. 

According to Chang, this demonstrates the government’s dedication to highlighting the significance of using clean energy, and he applauds the private sector’s collaboration in supporting the nation’s efforts to expand and strengthen its hydrogen economy by providing and building the necessary infrastructure.

Chang underlined that the National Energy Transition Roadmap (NETR), the National Energy Policy 2022-2040 (DTN), and the Low Carbon Mobility Blueprint 2021-2030 (LCMB) all have aims that are closely aligned with the promotion of hydrogen as an alternative fuel.

Anwar was earlier reported as saying that Malaysia would be strategically positioned in the global green hydrogen market, which is expected to reach USD 189.19 billion (~RM 897 billion) by 2050, through the implementation of the Hydrogen Economy Technology and Roadmap Plan (HETR).

The 12th and 13th Malaysia Plans from 2022 to 2030 are covered by the short-term phase of HETR, which is divided into three phases: the 14th and 15th Malaysia Plans from 2031 to 2040, the 16th and 17th Malaysia Plans from 2041 to 2050, and the medium-term phase.

CARLIST THOUGHTS

Several countries, like Japan, are showing great enthusiasm for the future of hydrogen, and Malaysia is one of them. Chang recently revealed that in addition to its signature fuel-cell Mirai sedan, “multiple hydrogen vehicles,” including buses, will be deployed for test runs once the first hydrogen refueling station is up and running.

More Articles for You

New Lexus LM Debuts In Malaysia From RM1.23M

Lexus has a new flagship minivan. The original Lexus MPV vehicle was the first-generation LM and it had only been …

Mercedes EQE 350+ SUV Debuts In Malaysia With 596km Range

In addition to the Electric Art Line launched last week, one extra new EQE SUV version has just been added …

New Mercedes EQE 350+ Electric Art Debuts In Malaysia

The Mercedes-Benz EQE 350+ Electric Art Line is the new entry-level version of the EQE sedan that Mercedes-Benz Malaysia has …

Kia Unveils Affordable EV3 Compact Electric SUV Starting Around $30K

Kia has taken the wraps off its highly anticipated EV3 compact electric SUV, delivering an elevated EV experience with innovative …

New Volkswagen Golf R Debuts In Malaysia

With a price tag of RM332,990, the hotly anticipated Volkswagen Golf R (CKD) has finally made its debut in Malaysia. …

GWM Tank 300 Goes On Sale In Malaysia

What looks like a Bronco wannabe is the GWM Tank 300. And its just opened for bookings in Malaysia for …