Round Table Discussion 4 (RTD4) convened on June 14, 2023, at the entre for Advanced and Professional Education (CAPE), Universiti Teknologi PETRONAS (UTP), with a focus on "Value Chain for Energy Transitioning Acceleration" in the context of accelerating energy transitioning. The event aimed to address crucial aspects of the value chain necessary for advancing Malaysia's transition towards sustainable energy sources.
The panel featured distinguished speakers representing various sectors:
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YBHG Datuk Bacho Pilong, Senior Vice President of Project Delivery & Technology at PETRONAS, shared insights into the "PETRONAS Pathway to Net Zero," highlighting the company's strategic initiatives and technological advancements geared towards achieving carbon neutrality.
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Mr. Abanf Arabi Bin Abanf Narudin, Senior Vice President of Corporate Strategy at Petroleum Sarawak Berhad (PETROS), presented on "Sarawak CCUS: Our Contribution towards Achieving Net Zero 2050," emphasizing the importance of carbon capture, utilization, and storage (CCUS) technologies in reducing emissions.
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Mr. Mohd Riduan Abd Rahman, Director at the Malaysian Investment Development Authority (MIDA), discussed "Government’s Facilitation Towards Sustainable Investment," outlining the government's efforts in promoting sustainable investment through policy frameworks and incentives.
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Ms. Badariah Yosiyana, Regional Programme Officer at the International Renewable Energy Agency (IRENA), presented on "Building Bridges: Strengthening International Relations for Energy Transition Movement in Southeast Asia," highlighting the importance of international cooperation and collaboration in advancing the energy transition agenda.
The discussion primarily focused on the value chain for energy transitioning acceleration, encompassing various aspects such as technology deployment, policy support, investment facilitation, and international collaboration.
Overall, RTD4 provided a platform for stakeholders to exchange insights, strategies, and best practices towards accelerating Malaysia's energy transition journey, ultimately contributing to the country's sustainable development goals and global climate commitments.