TNB, Petronas To Conduct Feasibility Study On Hydrogen Economy

August 1, 2023

Tenaga Nasional Berhad and Petronas have inked a deal to conduct a joint feasibility study to advance the studies for hydrogen business development in Malaysia.

Both industry leaders collaborate and foster a strong synergy in exploring and developing business ventures in the emerging field of green hydrogen. This collaboration signifies the companies’ shared vision of accelerating the deployment of clean technologies, such as hydrogen and carbon capture, to decarbonise the energy sector.

“Together, we are committed to exploring and developing business ventures in the promising field of green hydrogen,” TNB President and CEO, Dato’ Indera Ir. Baharin Din emphasised his vision for the transformative partnership between TNB and PETRONAS.

“We look forward to building an ecosystem of technology and infrastructure for the clean energy needed to progress the nation’s sustainability goals and support an equitable energy transition for future generations,” said PETRONAS Senior Vice President of Project Delivery and Technology, Datuk Bacho Pilong.

Recognising the potential of hydrogen as a versatile and clean source of energy, they aim to leverage this resource to reduce carbon emissions in sectors such as transportation, manufacturing, and power generation. TNB, in line with its commitment to achieving Net Zero by 2050, is exploring the utilization of hydrogen and ammonia as co-firing options in its generation fleet. The collaboration also opens up opportunities for TNB to venture into hydrogen usage in mobility and manufacturing.

Furthermore, this agreement also marks a critical milestone in this journey toward a greener and more sustainable future. Through this study, TNB and PETRONAS together with Gentari, the clean energy company founded by PETRONAS, will gain invaluable insights into the challenges and opportunities presented by the deployment of green hydrogen. It will enable the exploration of innovative solutions, identification of potential off-takers for green hydrogen, and formulation of a collaborative framework.

Source – Business Today 

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