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KUALA LUMPUR, Economies across Southeast Asia must overcome increasing energy transition complexities as they balance energy security and lower carbon emissions, according to Black and Veatch, a global leader in critical human infrastructure solutions.
‘The adverse impacts of climate change, including a rise in extreme weather events, persist in Southeast Asia. This highlights the urgency to take immediate action.
‘While regional economies balance concerns about affordability, resilience, and security, the shift to low-carbon energy sources must accelerate despite increasing complexities,’ said its president, Asia Pacific and India, Narsingh Chaudhary in a statement.
Chaudhary will be chairing the opening plenary on ‘Shaping Regional Energy Transition – From Malaysia to Beyond’ on Oct 8 at Enlit Asia 2024, joined by leaders from Tenaga Nasional Berhad, Sarawak Energy Berhad, Malakoff and the Energy Commission Malaysia.
The session will tackle the opportunities and challenges of addressing the energy tran
sition in the region, chart progress made to date, and discuss how the industry can plan and de-risk the next generation of infrastructure development.
Chaudhary explained further that the energy transition presents significant commercial and technical challenges to deliver the next generation of reliable and affordable power.
‘Solutions will vary from case to case, requiring regulation and project planning that de-risk and incentivise lower- and no-carbon solutions that work together. These solutions include LNG-to-power, carbon capture, renewables, energy storage, and hydrogen,’ he added.
Taking place at MITEC Kuala Lumpur, attendees are invited to discover and engage with leaders from Black and Veatch, during the three-day event.
Source: BERNAMA News Agency
