Malaysia Committed To Strengthening ASEAN Energy Transition – PETRA
KUALA LUMPUR, Oct 14 (Bernama) -- Malaysia, through the Ministry of Energy Transition and Water Transformation (PETRA), today chaired the ASEAN Senior Officials Meeting on Energy (SOME) Preparatory Meeting for the 43rd ASEAN Ministers on Energy Meeting (AMEM) at the Kuala Lumpur Convention Centre (KLCC).
The meeting brought together senior energy officials from all ASEAN member states and Timor-Leste to finalise policy proposals and regional energy directions that will be presented during the 43rd AMEM on Oct 16 and 17.
PETRA, in a statement, said the discussions focused on strengthening regional cooperation in enhancing energy security, sustainability, and integration under the ASEAN Plan of Action for Energy Cooperation (APAEC) 2026-2030.
“Among the key outcomes of the meeting was the endorsement of new ASEAN targets under APAEC 2026-2030, including a 40 per cent reduction in energy intensity, a 30 per cent share of renewable energy in the total primary energy supply, and achieving 45 per cent renewable energy generation in installed capacity by 2030,” the statement said.
In addition, the meeting approved several key initiatives, including the Enhanced Memorandum of Understanding on the ASEAN Power Grid, the ASEAN Long-Term Renewable Energy Roadmap, and the ASEAN Power Grid Financing Initiative, which are led by the Asian Development Bank (ADB) and World Bank (WB).
PETRA also stated that ASEAN had achieved 34.4 per cent of installed renewable energy capacity in 2023, nearly reaching the 35 per cent target set for 2025.
At the same time, the establishment of the ASEAN School of Regulation in Malaysia will serve as a regional centre of excellence for capacity building and knowledge sharing in energy regulation and the integration of renewable energy.
The meeting also agreed to present several key recommendations to the 43rd AMEM, including the endorsement of APAEC 2026–2030, the Priority Economic Deliverables 2025, and the enhancement of cooperation with international dialogue partners, such as the International Energy Agency, the International Renewable Energy Agency, the ADB, and the WB.
“Malaysia reaffirms its commitment to driving an inclusive, equitable, and integrated energy transition by emphasising the role of digitalisation, innovation, and sustainable financing as key enablers of ASEAN’s green energy transformation, in line with the Malaysia MADANI aspirations,” the statement said.
-- BERNAMA
