Sarawak blazes ahead with transformative energy transition policy, SET-P

AI Summary

Sarawak Premier Abang Johari launched the Sarawak Energy Transition Policy (SET-P), aiming to shift the state towards a low-carbon energy future by 2050. The policy projects a RM550 billion GDP contribution, over 80,000 new jobs, and RM580-700 billion in investments. Key drivers include renewable energy, natural gas, carbon capture, and clean hydrogen. The policy focuses on seven strategic pillars, including renewable energy, natural gas, and energy efficiency, supported by five key enablers like strong governance and skilled workforce development. It aims for an inclusive transition, benefiting low- and middle-income groups.