Malaysia’s Ministry of Science, Technology, and Innovation (MOSTI) plans to produce two million tons of hydrogen annually by the year 2030.
This initiative aligns with global efforts to transition towards cleaner energy sources and reduce carbon emissions. By focusing on hydrogen, a clean energy carrier, Malaysia aims to position itself as a key player in the renewable energy sector.
By investing in hydrogen production, Malaysia seeks to not only meet its domestic energy needs but also export hydrogen to international markets. This move is expected to bolster the nation’s economy and create job opportunities.
To achieve these goals, MOSTI is focusing on supporting technological advancements and economic development related to hydrogen. The ministry plans to collaborate with industry players and research institutions to foster innovation and ensure efficient hydrogen production and utilization. Financial incentives and policies will likely be established to encourage investment in hydrogen-related technologies and infrastructure.