Petronas, Tenaga to work on green hydrogen, CCS
SUMMARY
The companies will conduct a joint feasibility study on the application of CCS solutions at Tenaga's power generation plants.
By Shardul SharmaPOSTED IN:
State energy company Petronas and utility firm Tenaga Nasional (TNB) have signed a memorandum of understanding (MoU) to work on green hydrogen and carbon capture and storage (CCS) projects in Malaysia, Petronas said on August 19.
“The timing to embark on this effort is also perfect as the government is scheduled to launch the National Energy Policy 2021-2040 soon that will outline Malaysia’s transition to green energy,” energy and natural resources minister Takiyuddin Hassan said.
“The government is confident that the cooperation of these two energy companies will accelerate the reduction of their emission intensity as they decarbonise,” he added.
Under the MoU, the companies will conduct a joint feasibility study on the application of CCS solutions at TNB power generation plants. The parties will also look into developing green hydrogen fuel for power generation and intensifying efforts to co-create a green hydrogen ecosystem to provide cleaner energy solutions for Malaysia and markets overseas, Petronas said.
This initiative will begin with the re-powering of TNB’s retired Sultan Ismail Power Station in Paka, Terengganu using a combined cycle gas turbine with hydrogen-ready technology by 2029, Petronas added.
