Brunei to balance fossil fuel with renewable energy

Brunei Darussalam wants a balancing of energy mix in fossil fuels and renewable energy to achieve the 45 percent reduction target in energy intensity by 2035.

Brunei's Minister of Energy Pehin Dr Awang Mohammad Yasmin Umar said this includes the use of energy efficient technologies and transforming its existing power generation to higher efficiency.

The journey in realising the target will complement the recent study by Mitsubishi Research Institute (MRI), which says Brunei can reduce its dependency on domestic fossil fuel supply by 63 per cent compared to business as usual.

The minister also touched upon the challenges at present faced by energy market development, with respect to energy security and sustainable development.

He said investments in research and development, especially in clean and renewable energy, will continue to play an important role in pursuing affordable and innovative solutions.

Brunei will also set up a funding mechanism for energy efficiency initiatives.

For more.

Also Read

Is Santos' proposed Bayu-Undan CCS project a Pipe Dream?

Vietnam eyes eliminating 358.7 million tonnes of greenhouse gas emissions

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit