Sarawak's Role in ASEAN Power Grid: Leading the Way to Regional Decarbonisation
Key Ideas
  • Sarawak's hydropower potential could position it as a key energy hub in Malaysia and ASEAN, aiding in regional decarbonisation efforts.
  • The state aims to increase its renewable energy capacity to 15 gigawatts by 2035, focusing on hydropower, solar, and hydrogen development.
  • Challenges such as land acquisition, environmental clearances, and regulatory harmonisation need to be addressed for the successful execution of cross-border energy projects.
  • The ASEAN Power Grid initiative requires significant investments and regulatory support, with potential financial backing from organizations like the Asian Development Bank (ADB).
The ASEAN Power Grid (APG) is set to benefit from Sarawak's rich energy resources as part of regional decarbonisation efforts. With a focus on hydropower, solar, and hydrogen, Sarawak aims to significantly boost its energy capacity by 2035. The state's potential to become an energy hub for Malaysia and ASEAN is recognized by experts, highlighting the importance of regulatory alignment and institutional readiness. Despite challenges like land acquisition and regulatory harmonisation, the APG vision offers a long-term solution for emissions reduction in the region. Financial support from institutions like the ADB is expected to facilitate the required investments. Sarawak's success in this initiative could serve as a blueprint for other sub-regional linkages, contributing to sustainable growth and energy resilience in the region. Green finance instruments such as green bonds are expected to play a crucial role in financing the clean energy transition. Overall, Sarawak's involvement in the APG is viewed positively, paving the way for a greener and more sustainable energy landscape in Southeast Asia.
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