Abundant natural resources allow for cheaper power

Date:

KUCHING: It is the abundance of the state’s natural resources that has allowed for competitively priced electricity to be supplied to its customers be they domestic, commercial or export.

Sarawak Energy Berhad (SEB) chairman Datuk Amar Abdul Hamed Sepawi said the state possesses an estimated hydropower potential of 20 gigawatts (GW) as well as the highest reserves of gas and coal in Malaysia.

“Today, we are Malaysia’s largest renewable energy provider, harnessing our abundant resources to light up Sarawak and provide power for its growth.

“These resources have enabled us to offer reliable and competitively priced electricity to our domestic, commercial, industrial and export customers with Petronas Malaysia LNG Sdn Bhd (MLNG) now coming on board as a future bulk power customer,” he said.

He said this during the Power Purchase Agreement (PPA) term sheet signing ceremony yesterday between SEB and MLNG.

On the PPA, Abdul Hamed said with the term sheet signing, SEB will commit to providing 90 megawatts (MW) of electricity supply at 275kV to the Malaysia LNG complex in Tanjung Kidurong, Bintulu from March 2024 for a period of 20 years.

“As we move forward in building a sustainable energy future with all our stakeholders, we will continue to invest in research, technology and innovation to progress a green energy agenda for Sarawak.

“We successfully commissioned Southeast Asia’s first Integrated Hydrogen Production Plant and Refuelling Station in Kuching in 2019 under our Sarawak government-funded project.

“We aim to have about four percent of solar photovoltaic (PV) in our generation mix by 2030, with our first floating solar power plant project planned for Batang Ai HEP (hydroelectric project),” he said.

He added that SEB also launched Sarawak’s first Renewable Energy Certificate (REC) to allow greater participation from corporations in a more sustainable energy future.

“This is so they can source 100 percent of electricity from renewable sources and boost renewable energy uptake and integration,” he said.

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