According to Black & Veatch, the objectives of the study are to validate the findings of a joint feasibility study conducted by TNB and PETRONAS to develop hydrogen in Malaysia and to provide strategic, technical and commercial insights into the production, transportation, distribution and demand for green hydrogen.
Jerin Raj, Director, South & Southeast Asia, Taiwan, Black & Veatch, said: “Securing viable off-takers for green hydrogen is a key factor affecting 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.”
It should be noted that Malaysia has established the Hydrogen Economy and Technology Roadmap (HETR) to guide the development of its hydrogen economy. The country aims to become a major hydrogen exporter in the Asia-Pacific region by 2050, with a projected revenue of more than RM400 billion ($85 billion).
As for Black & Veatch, the company pointed out that it has “engineering, procurement and construction (EPC) experience across the green hydrogen development value chain, as well as technical knowledge and business and regulatory experience across the power, transportation and bunker value chain elements.” Raj noted that Black & Veatch has been involved in hydrogen and ammonia production for more than 80 years.
Jerin Raj, Director, South & Southeast Asia, Taiwan, Black & Veatch, said: “Securing viable off-takers for green hydrogen is a key factor affecting 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.”
It should be noted that Malaysia has established the Hydrogen Economy and Technology Roadmap (HETR) to guide the development of its hydrogen economy. The country aims to become a major hydrogen exporter in the Asia-Pacific region by 2050, with a projected revenue of more than RM400 billion ($85 billion).
As for Black & Veatch, the company pointed out that it has “engineering, procurement and construction (EPC) experience across the green hydrogen development value chain, as well as technical knowledge and business and regulatory experience across the power, transportation and bunker value chain elements.” Raj noted that Black & Veatch has been involved in hydrogen and ammonia production for more than 80 years.
