Malaysia wants to be 'regional renewable powerhouse'

Experts say 'complementary regulations' needed to accelerate energy shift

20230728 Malaysia energy roadmap

Malaysia’s Economy Minister Rafizi Ramli, center, and others pose for a photo at a launch event of the National Energy Transition Roadmap in Kuala Lumpur on July 27. (Photo by Norman Goh)

NORMAN GOH, Nikkei staff writer

KUALA LUMPUR -- Malaysia has launched programs to promote renewable energy in a country that has relied heavily on fossil fuels, hoping to lead Southeast Asia in transition to a greener economy.

But the ambitious targets, such as having renewables supply 70% of the total energy supply by 2050, have experts stressing that the government needs to roll out complementary regulatory frameworks to support the transition.

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