Press Statement on MGA’s FORUM ON COGENERATION HIGHLIGHTS COGENERATION AS THE NEW DRIVER FOR ENERGY EFFICIENCY
31st October 2019, Kuala Lumpur – Malaysian Gas Association (MGA) organized its inaugural Forum on Cogeneration (FoC) today, providing a platform exclusively focused on cogeneration – an efficient and cleaner way of generating electric power and thermal energy, such as heat and steam, from a single fuel source. Officiated by the Minister of Energy, Science, Technology, Environment and Climate Change (MESTECC), YB Puan Yeo Bee Yin, the forum saw participation by more than 150 policymakers, regulators and industry players.
Themed “The New Driver for Energy Efficiency”, FoC highlighted the growing importance of cogeneration to the country in driving efficient conversion of energy. In her ministerial address, YB Puan Yeo Bee Yin emphasized that, “Cogeneration plays an important role in contributing towards achieving our climate change commitments in term of carbon emission reduction and towards achieving my Ministry’s objective of 8% savings from Energy Efficiency (EE) by 2025.”
Cogeneration has an enormous potential in the country provided that the environment is conducive for its growth. MGA President Hazli Sham Kassim in his opening address alluded to the challenges being faced in promoting a wider adoption of cogeneration in the country. To overcome them he stated that, “MGA is constantly engaging with the relevant stakeholders to address these challenges. We are thankful that MESTECC are very supportive of our efforts in ensuring a fair playing field for cogeneration players.”
Hazli Sham noted that, “Some of these challenges cut across sectors and jurisdictional boundaries. Hence, MGA calls for the formulation of a comprehensive policy framework to align all parties to ensure that all challenges are addressed and the necessary incentives accorded to stimulate cogeneration’s continued and sustained growth.”
The FoC is a platform for owners, solution providers and end-consumers to congregate and discuss the potential and challenges for cogeneration in the country. Resulting from these discussions, the forum will subsequently share workable recommendations with the relevant stakeholders for consideration in order to promote a greater adoption of cogeneration in Malaysia.
FoC also featured exhibition from cogeneration industry players, both local and international.
For further information, please visit www.malaysiangas.com