Malaysia announces plans to fully retire CFPPs by 2044
At the London Climate Action Week, Malaysia’s Deputy Prime Minister Datuk Seri Fadillah Yusof said the country has established a phase-out plan for existing coal-fired power plants (CFPPs) by reducing it to 50% by 2035 and completely retiring the plants by 2044.
Fadillah, the Minister of Energy Transition and Water Transformation, made these remarks during a high-level dialogue session on global coal phase-out.
This announcement comes after Malaysia’s 2022 pledge to cease building new coal-fired power plants from 2040 onwards.
Fadillah added, “Malaysia is committed to achieving Net-Zero emissions by 2050, despite the country only contributing to 0.8% of global emissions. However, in recognizing the pivotal role of our collective efforts in mitigating climate change, we are now consciously transitioning away from coal-fired power generation, which currently accounts for nearly half of our national emissions.”
The deputy prime minister recognized the social and economic challenges, including job losses, that may arise from the phase-out process. He stated that the government is creating reskilling programs to provide affected workers with new skills and competencies for the green economy.
Read more: Malaysia’s Ministry of NRES developing National Carbon Market Policy
He said, “We are steadfastly ensuring this shift is balanced and equitable in minimizing economic disruption while maintaining a stable and reliable energy supply for our people and industries.”
Fadillah emphasized Malaysia’s commitment outlined in the National Energy Transition Roadmap (NETR) to achieve 70% renewable energy capacity by 2050. This involves the adoption of solar, biomass, and waste-to-energy sources.
The goal of fully decommissioning coal-fired power plants by 2044 is slightly ahead of the NETR’s initial projection of a near-complete phase-out by 2045. This acceleration is driven by the natural retirement schedule of existing plants and the absence of new coal-fired power projects.
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