Deputy Premier Dato Sri Dr. Sim Kui Hian recently announced that Sarawak, the largest state in Malaysia, has set a target to become a significant supplier of hydrogen to South Korea.
By 2027, Sarawak aims to produce a staggering 1.5 million tonnes of hydrogen annually, catering to half of South Korea’s anticipated demand of three million tonnes per year by 2030. This ambitious project fits within the larger global shift towards renewable energy sources, underscoring Sarawak’s commitment to greening its energy sector.
Dr. Sim pointed out that while other nations are setting objectives, Sarawak is already implementing tangible steps toward actualizing its green vision. But this green initiative is not just about hydrogen production. The government has a comprehensive approach to leveraging its unique geographical and natural resources in this ambitious drive.
Among these resources are Sarawak’s 1,500 oil wells, which have been depleted over the last century. Instead of letting these wells lie dormant, the Sarawak government plans to repurpose them for carbon capture and storage. The state has a potential carbon storage capacity of nine billion tonnes, a significant contribution to global carbon sequestration efforts.
The collaboration with Indonesia for the first hydroelectric power plant in Nusantara is another testament to Sarawak’s green energy efforts. The Sarawak government took a 25 percent equity stake in the US$2.6 billion project, showing its dedication to renewable energy sources.
The future of Sarawak’s green agenda lies not only in hydrogen and hydroelectricity but also in solar power and other renewable resources. Dr. Sim called on commercial giants to join in this effort. According to Petronas’ group CEO Tan Sri Tengku Muhammad Taufik Tengku Aziz at the recent Energy Asia conference, the region needs to generate 200,000 jobs by 2030. The bulk of these positions are anticipated to be in Sarawak, given its robust programs in carbon capture, hydroelectric power, solar power, and hydrogen production.
Sarawak’s economic stability, as demonstrated by its robust revenue growth, and its committed leadership provide a favorable environment for such ambitious projects. Dr. Sim noted that the state’s revenue for the first half of this year nearly equals the total revenue for 2022, amounting to RM12 billion.
The focus is not just on the present but also on building a sustainable future. Dr. Sim emphasized the importance of instilling the right values in the younger generation, equipping them with competitiveness and the drive to continue this green revolution.
In conclusion, Sarawak is not just setting targets; it’s busy making things happen. With a multi-pronged approach focusing on hydrogen, hydroelectricity, solar power, and carbon capture, Sarawak is truly paving the way for a sustainable future. Its plans are not just about industry growth; they’re about building a future where green energy isn’t just an option – it’s the norm.
