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07 Jun 2024

Black & Veatch will study Malaysia for hydrogen opportunities

Amy Power
Black & Veatch will study Malaysia for hydrogen opportunities

Black & Veatch have created a new plan which will involve studying green hydrogen commercial pathways in Malaysia. This task will be performed in order to decipher what the country’s energy ambitions are.

Tenaga Nasional Berhad (TNB) and PETRONAS, Malaysian energy companies, appointed Black & Veatch to this task. The overall aim of this investigation will be for the two companies to conduct a joint feasibility study and the second half of the project will involve validating the finding of this study.

The purpose of this innovative project will be to provide strategic, technical and commercial insights around the generation, transportation, distribution and demand of green hydrogen within the region.

It has been made clear that Malaysia’s Hydrogen Economy and Technology Roadmap (HETR), has plans which involve the country becoming a major hydrogen exporter in the Asia Pacific area. HETR plans to have achieved this goal by 2050 and furthermore, it also aims to have reached a projected revenue of more than $85bn by this point.

Director, South & Southeast Asia, Taiwan at Black & Veatch, Jerin Raj, commented, “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.”

Black & Veatch have spent eighty years working on projects within the hydrogen and ammonia production industries. Raj stated, “Since developing the first hydrogen power generation conversion project and the first major hydrogen fuelling station in the US, the company has continued to deliver reliable innovation and first-of-a-kind solutions across the hydrogen value chain.”

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