“Securing viable offtakers 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.
The objectives of the Black & Veatch’s study are 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.
Malaysia has created the Hydrogen Economy and Technology Roadmap (HETR) to guide the development of its hydrogen economy. The nation has ambitious plans to be a major hydrogen exporter in the Asia Pacific region by 2050, with projected revenues of more than 400 billion ringgit ($85 billion).
“Black & Veatch has been working with hydrogen and ammonia production for over 80 years,” added Raj.
“Since developing the first hydrogen power generation conversion project and the first major hydrogen fuelling station in the United States, the company has continued to deliver reliable innovation and first-of-a-kind solutions across the hydrogen value chain.”
