Tenaga Nasional Berhad and Petronas are looking into Carbon Capture and Storage (CCS) technology as a more sustainable and eco-friendly alternative for gas-fired power plants.
TNB CEO Dato Sri Baharin Din emphasised that the MoU strengthens TNB and PETRONAS’s commitment to NETR. CCS stands out as one of the key energy transition levers outlined in the NETR, and this MoU will enable TNB and PETRONAS to synergise their expertise and align their efforts in the realm of CCS technology for gas-fired power plants.
With the combined experience and technical capabilities as owners of energy infrastructures, Petronas looks forward to accelerating the development and deployment of CCS technology as part of a decarbonised energy system. Together, we can tap the full potential of technologies at our disposal focused on the immediate need to reduce emissions.
As Malaysia transitions to a low-carbon economy, natural gas will play a pivotal role in the country’s energy landscape, offering a reliable and affordable transitional base load power source. Consequently, gas-fired power plants will enable greater integration of intermittent renewable energy sources, and the collaboration between both parties on the implementation of CCS technology for the gas-fired power plants would help contribute towards the nation’s decarbonisation endeavours.
Source : BusinessToday