Kuala Lumpur (VNA) - Malaysia’s Ministry of Energy Transition and Water Transformation announced on August 25 that the country is advancing deeper integration under the ASEAN Power Grid Initiative, aiming to strengthen energy resilience and open up opportunities for cross-border electricity trade.
Speaking before Parliament, Deputy Minister Akmal Nasrullah Mohd Nasir highlighted Vietnam’s strong wind power potential, stressing that if connected through the regional grid, this energy source could bring significant benefits to Malaysia.
Alongside efforts to expand large-scale solar projects, Malaysia has set a target of achieving 40% renewable energy by 2040.
According to Deputy Minister Akmal, the current grid capacity can still accommodate new energy sources; however, for long-term stability, investments are needed in battery energy storage systems (BESS) and smart grid technologies.
The Malaysian government is also exploring new energy sources under its National Energy Transition Roadmap (NETR), including pilot projects on clean energy./.
Malaysia aims to play key role in implementing ASEAN Power Grid
Deputy Prime Minister Datuk Seri Fadillah Yusof said key decisions regarding the APG roadmap were expected to be finalised at the 43rd ASEAN Ministers on Energy Meeting (AMEM) in Kuala Lumpur this October, following encouraging progress made during the recent Senior Officials Meeting on Energy (SOME).