Report: Fahmi Abdul Aziz
Editor Sakina Mohamed
KUALA LUMPUR, August 20 (Bernama) – As nations worldwide intensify their transition to renewable energy, innovation stands at the core of Malaysia’s pursuit of a sustainable future and its commitment to achieving carbon neutrality.
In his opening remarks of the sixth International Sustainable Energy Summit (ISES), Deputy Prime Minister Datuk Seri Fadillah Yusof says the country’s journey towards a sustainable future will be guided by three key innovations: electrification, automation and digitalisation.
“Electrification is a crucial step in reducing carbon emissions, especially as we project our population to exceed 40 million and our economy to triple by 2050.
“We must ensure that all new energy additions to our system aligns with our net-zero ambitions while gradually replacing existing energy supplies with lower-carbon alternatives.
“Likewise, automation and digitalisation, bolstered by the Fourth Industrial Revolution and the New Industrial Masterplan 2030 are vital for scaling production and optimising energy systems,” he said.
He also says as the energy demand continues to grow, technological advancements are instrumental in integrating renewable sources, improving grid management and ultimately facilitating the transition to a sustainable energy landscape.
Fadillah who is also the Minister for Energy Transition and Water Transformation hopes that the innovative policies in place will support Malaysia’s goal in achieving carbon neutrality by 2050.
At the same time, it will also help in creating substantial economic opportunities including an expected RM40 billion in investments by 2035 and 50,000 direct job creation.
Meanwhile, Sustainable Energy Development Authority Malaysia chairman Ahmad Zairin Ismail in his opening speech says the summit aims to highlight the transformative potential of innovation in expediting the crucial energy transition Malaysia is embarking on.
“This summit is not just a platform for discussion. It is a dynamic catalyst for accelerated progress in the sustainable energy transition.
“The 6th ISES 2024 brings together international companies, professionals, and renowned experts from across the globe, allowing us to forge new partnerships, share insight, and collaborate on innovative solutions,” he said.
Themed “Accelerating Energy Transition Through Innovation”, the two-day event that starts today hosts a line-up of 70 speakers across four plenary sessions and eight deep-dive workshops.
Founded in 2012, this year's biennial summit takes place in Kuala Lumpur Convention Center, bringing together over 5,000 participants, 15 strategic partners and 73 exhibitors.
– BERNAMA