Global construction and engineering company, Black & Veatch on Wednesday (June 5) announced that it has been chosen to study green hydrogen commercialization pathways and infrastructure development to advance energy transition in Malaysia.
B&V has been appointed by Malaysian energy companies Tenaga Nasional Berhad (TNB) and the national oil & gas company of Malaysia, Petroliam Nasional Berhad (PETRONAS) to conduct the feasibility study.
"Securing viable off-takers for green hydrogen is a key factor that affects the bankability of hydrogen developments. With Malaysia's abundant renewable resources including solar and hydropower, this feasibility study has the potential to shape the development of a hydrogen economy in Malaysia over the next decade," said Jerin Raj, Director, South & Southeast Asia, Taiwan, Black & Veatch.
"Black & Veatch has been working with hydrogen and ammonia production for over 80 years. Since developing the first hydrogen power generation conversion project and the first major hydrogen fueling station in the United States, the company has continued to deliver reliable innovation and first-of-a-kind solutions across the hydrogen value chain," Raj added.
The objective of the feasibility study by B&V is to validate the findings of a joint feasibility study conducted by TNB and PETRONAS to develop hydrogen in Malaysia and provide strategic, technical, and commercial insights on the generation, transportation, distribution, and demand of green hydrogen.
Both energy companies, TNB and PETRONAS are committed to supporting Malaysia's vision for a promising green hydrogen economy.
Malaysia has created the Hydrogen Economy and Technology Roadmap (HETR) to guide the development of its hydrogen economy. The country has set the target to be a major hydrogen exporter in the Asia Pacific by 2050, with a projected revenue of more than RM400 billion (US $85 billion).
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