In response to the global imperative to combat climate change and transition to sustainable energy sources, the Borneo Energy Transition Conference 2024 (BETC 2024), powered by Malaysian Rating Corporation Berhad (MARC) and SEDC Energy (SEDCE), is poised to drive the exploration and advancement of sustainable energy solutions. The conference is being held from 26 to 27 February in Kuching, Sarawak.
This conference brings together stakeholders from across the energy sector, including government officials, industry leaders, financial professionals, and academics. Through panel discussions and interactive sessions, delegates will explore new technologies, share best practices, and forge strategic partnerships to accelerate the transition to sustainable energy.
The Right Honourable Datuk Patinggi Tan Sri (Dr) Abang Haji Abdul Rahman Zohari Bin Tun Datuk Abang Haji Openg, the Premier of Sarawak, delivered the keynote address. “Sarawak’s commitment to the exploration of sustainable energy sources is unwavering. We recognise the importance of meeting future energy demands while minimising environmental impact. The preservation of our natural resources as well as the well-being of our communities is paramount as we navigate towards a cleaner and greener future,” he said.
He added, “The challenges we face are complex and multifaceted, requiring a multidisciplinary approach and commitment to collaboration. I would like to congratulate SEDC Energy and MARC for their exemplary efforts in organising BETC 2024, merging great minds, especially in new energy and finance, and charting the future of our energy sector.”
In his special address during the opening of the conference, MARC’s Group Chief Executive Officer Datuk Jamaludin Nasir said, "As we navigate the path towards a sustainable future, Malaysia stands at the forefront of global efforts in energy transition. Malaysia secured the 35th position in the prestigious World Economic Forum's 2023 Energy Transition Index, with the highest score among ASEAN countries at 61.7%; this recognition underscores the significant impact of our efforts on the global stage. The National Energy Transition Roadmap and the National Energy Policy have laid the foundation for Malaysia's net zero journey, with hydrogen playing a crucial role in decarbonisation due to its versatility. It is imperative for both the private and public sectors to actively participate in this energy transition and collaborate to overcome challenges as a unified nation. Energy sector stakeholders need to prioritise investments in renewable energy and cleaner hydrogen production, while financial institutions must innovate and promote green investments.”
Chief Executive Officer of SEDCE Robert Hardin, during his welcoming remarks, said, "BETC 2024 stands as a testament to the scepticism surrounding the new energy sector. However, I am immensely grateful for the sponsorships that have joined us on this journey towards a sustainable future. I extend my heartfelt thanks to MARC for co-organising BETC, our Japanese and Korean partners in H2ORNBILL and H2BISCUS for their platinum sponsorship, Moody's Investors Service for their gold sponsorship, Affin Bank for their support as our bank partner, and our other sponsors including Bank Pembangunan Malaysia, Itramas, and Siemens Engineering. I also want to acknowledge our partnering media, TVS, for their invaluable contribution. Together, we are setting the tone for Sarawak and the world in the new energy sector, paving the way for a brighter, more sustainable future.”
Meanwhile, a cornerstone of the BETC 2024 will be the exchange of three landmark documents by SEDC Energy, outlining strategic collaborations with Gentari and Samsung Engineering, as well as a groundbreaking initiative with ICE Petroleum on the Rembus Hydrogen Plant. These initiatives aim to propel hydrogen technology, advance sustainable energy solutions, and drive decarbonisation in the region.
Against the backdrop of escalating environmental concerns, BETC 2024 stands as a pivotal platform to collectively address the pressing challenges and opportunities in the energy sector.