MOSTI: Malaysia's hydrogen economy to potentially generate RM 12 billion by 2030; mobile H2 refueling station coming by end-2024
The Government will continue to intensify efforts to introduce green hydrogen technology in Malaysia to ensure the target income of RM 12 billion by 2030 through the hydrogen economy is achieved, said the Minister of Science, Technology, and Innovation (MOSTI), Chang Lih Kang.
As reported by Bernama, the minister says the government’s current target is in creating demand and supply, which will propel the government’s clean energy initiatives and spur the nation’s income.
“Our target is to create demand and supply because this is a new ecosystem. Hydrogen is very important as it facilitates the transformation of our energy sources into cleaner alternatives,” Chang was quoted as saying.
Chang was speaking at the demonstration of the new Mobile Hydrogen Refueling Unit (MHRU) in Putrajaya, an event which was also attended by Prime Minister Datuk Seri Anwar Ibrahim who was chauffered in a Toyota Mirai fuel-cell (FCEV) vehicle.
Meanwhile, Chang mentioned that MOSTI has now taken preliminary steps in collaboration with UMW Toyota Motor to highlight the potential of hydrogen mobility, starting off in Peninsula Malaysia. The first MHRU will be launched in Putrajaya later this year.
Chang says that this shows the government’s commitment in emphasising the importance of using clean energy, and welcomes the cooperation of the private sector to help the country strengthen its hydrogen economy by supplying and developing its related facilities.
Chang emphasised that the promotion of hydrogen as an alternative fuel aligns closely with the goals outlined in the National Energy Transition Roadmap (NETR), the National Energy Policy 2022-2040 (DTN), and the objectives set forth in the Low Carbon Mobility Blueprint 2021-2030 (LCMB).
Anwar was previously quoted stating that the execution of the Hydrogen Economy Technology and Roadmap Plan (HETR) would strategically position Malaysia in the global green hydrogen market, which is anticipated to reach USD 189.19 billion (~RM 897 billion) by 2050.
HETR is structured into three phases – with the short-term phase covering the 12th and 13th Malaysia Plans from 2022 to 2030, the medium-term phase (14th and 15th Malaysia Plans from 2031 to 2040) and the long-term phase (16th and 17th Malaysia Plans from 2041 to 2050).
Last year, Chang also announced that “multiple hydrogen vehicles”, including public buses, will be deployed for trial runs once the first hydrogen refueling station is operational.
