Latest Updates On Government Initiatives For Hydrogen Projects In Malaysia

Since being identified as one of the six key energy transition levers in the National Energy Transition Roadmap (“NETR”) on 29 August 2023, hydrogen has garnered increasing attention from the key stakeholders. Along with this, the introduction of the Hydrogen Economy and Technology Roadmap (“HETR”) on 5 October 2023 by the Ministry of Science, Technology and Innovation (“MOSTI”), which serves as a guide for the growth of Malaysia's hydrogen economy, has further accelerated the development of hydrogen initiatives across the country, solidifying its role in the current energy transition phase.

In Malaysia, the hydrogen industry, which is capital-intensive, is very much in its infancy, as opposed to other forms of alternative energy such as solar which has strengthened over the years due to continuous government support. Thus, it is crucial for the government to now develop targeted initiatives and incentives to drive further progress and support the growth of the