- 2nd Annual National Conference on Energy Efficiency gains momentum with wider participation across industries
- Conference showcases synergy of public-private collaboration to drive energy efficiency progress in line with the National Energy Transition Roadmap
The 2nd Annual National Conference on Energy Efficiency brought together more than 200 industry leaders, policymakers, researchers, and advocates to share their collective knowledge and best practices, increase awareness on advanced energy efficiency solutions, and foster a collaborative environment to drive concrete measures for energy efficiency progress.
Following the success of the inaugural event in 2023, this year’s conference delved into technologies that deliver energy efficiency gains for industries, the supportive ecosystem required to accelerate the adoption of high-efficiency technologies, and new or strengthened measures to help industries transition to a sustainable future.
According to IEA, doubling the global pace of energy efficiency progress by 2030 is key to reaching net zero emissions. To underpin its commitment, Malaysia launched the National Energy Transition Roadmap (NETR) in 2023, elevating the importance of energy efficiency as the first out of six energy transition levers. The strengthened Energy Efficiency and Conservation Act 2023 (EECA), an important piece of legislation, followed suit to regulate energy consumption in three areas -- large energy consumers within the industrial and commercial sectors, office buildings and electrical products.
“In the past, driving Energy Efficiency meant saving energy. But things are no longer that simple, if they ever were. This term has now evolved into a growing recognition that policies are most successful when they spur private sector investment in energy efficiency, giving rise to innovative solutions and savings,” said YB Tuan Haji Akmal Nasrullah bin Mohd Nasir, Deputy Minister of Energy Transition and Water Transformation (PETRA)
“Energy efficiency policies must deliver social and economic “multiple benefits” and environmental outcomes. It cannot be ancillary to mainstream policy functions. We in the government must fundamentally rethink energy efficiency and treat it as an energy source in its own right, representing the value of energy saved,” he added.
“As we know, the path to a sustainable energy future is multi-faceted. Therefore, partnerships and inclusiveness are essential to deliver impactful change. Collaborations with knowledge experts allow us to identify high-value technologies and solutions to address not only immediate energy efficiency needs but also lay the groundwork for future innovations,” said Ts. Shamsul Bahar Mohd Nor, Chief Executive Officer, Malaysian Green Technology and Climate Change Corporation (MGTC).
To further its commitment to prioritizing energy efficiency as the cornerstone of Malaysia's energy transition, MGTC partnered with leading industry players in 2023 to establish the National Energy Efficiency Collaboration (NEEC). The collaboration brought together ABB Malaysia Sdn Bhd, Atlas Copco (Malaysia) Sdn Bhd, Daikin Malaysia Sales & Service Sdn Bhd, and Business Sweden to galvanize the adoption of technologies that deliver value in terms of energy savings and emissions reductions.
“We stand at a crucial juncture. The Energy Efficiency and Conservation Bill 2023 passed recently marks a significant milestone in the National Energy Transition Roadmap. Therefore, the emphasis on policy implementation and collaboration between the public and private sectors at this conference is both timely and essential," said R Narayanan, ABB Group Senior Vice President and Head of Motion Business, Asia.
"This spirit of collaboration is also reflected in the global Energy Efficiency Movement, a non-profit association with ABB as one of its founding members. It is imperative to foster collaboration to create a supportive ecosystem that will drive tangible progress in the adoption of energy efficiency measures,” he added.
This year, the NEEC welcomed Schaeffler (Malaysia) Sdn Bhd as a new member, further strengthening the initiative's ability to scale energy efficiency solutions across key sectors.
The NEEC also onboarded 10 leading companies as "Energy Efficiency Champions" to spearhead the adoption of energy-saving practices and technologies.The participating companies include Riverstone Resources Sdn. Bhd., United Overseas Bank Malaysia, Indah Water Konsortium Sdn Bhd, SKF Malaysia, Solarvest Holdings Berhad, Medivest Sdn Bhd, Alfa Laval Malaysia, Nefab Malaysia, Hartalega and F&N. As Energy Efficiency Champions, these companies will showcase their leadership and commitment to setting new industry benchmarks for sustainable energy management.
“Energy efficiency should be recognized as a source of energy warranting investment and prioritization from both the public and private sectors ahead of more complex or costly energy sources. Given Malaysia's untapped potential for energy efficiency improvements, Business Sweden is honoured to collaborate with like-minded stakeholders to build consensus and strengthen our shared commitment to putting energy efficiency first, as enshrined in NETR. By elevating energy efficiency as a strategic priority, Malaysia can unlock substantial energy savings, reduce emissions, and lay the foundation for a more sustainable, reliable, and affordable energy future,” Ludvig Hermansson, Trade Commissioner, Business Sweden in Malaysia, concluded.
Malaysian Green Technology and Climate Change Corporation (MGTC) is an agency of the Ministry of Environment and Water (KASA) mandated to drive the country in the scope of Green Growth, Climate Change Mitigation and Green Lifestyle. Three national policies, in particular, the National Green Technology Policy (NGTP), the National Climate Change Policy (NCCP) and the Green Technology Master Plan (GTMP), regulated MGTC's role as a catalyst for green economic growth. MGTC's initiatives and programs focus on achieving a long-term impact by 2030 with a 45% reduction rate in the country's greenhouse gas emissions, increasing GDP from green technology by RM 100 billion and generating 230,000 green job opportunities.
Business Sweden is committed to strengthening the collaboration between Malaysia and Sweden, with a strong focus on advancing the green transition. Since 2023, we have proudly partnered with Swedish companies like ABB and Atlas Copco under the Pioneer the Possible initiative to drive sustainable development across industries, particularly in energy efficiency. As a global leader in sustainability, Sweden places energy efficiency at the forefront of our environmental strategy. Swedish businesses in Malaysia are fully aligned with this vision, working closely with their Malaysian partners and customers to make significant strides in energy efficiency. As a founding member of the National Energy Efficiency Conference, Business Sweden reaffirms its unwavering commitment to promoting sustainability in partnership with Swedish companies and actively engages in initiatives that support the UN's Sustainable Development Goals.
ABB is a technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. The company’s solutions connect engineering know-how and software to optimize how things are manufactured, moved, powered and operated. Building on over 140 years of excellence, ABB’s more than 105,000 employees are committed to driving innovations that accelerate industrial transformation. www.abb.com
Atlas Copco Group enables technology that transforms the future. We innovate to develop products, services and solutions that are key to our customers’ success. Our four business areas offer compressed air and vacuum solutions, energy solutions, dewatering and industrial pumps, industrial power tools and assembly and machine vision solutions. In 2023, the Group had revenues of BSEK 173, and 53,000 employees. www.atlascopcogroup.com
As a leader in the HVAC industry, Daikin Malaysia is dedicated to developing energy-efficient solutions that not only provide superior comfort but also contribute to a greener future. Daikin Malaysia is proud to participate in the 2nd National Energy Efficiency Conference which in line with Daikin’s vision of “Building a Sustainable Tomorrow” by using its latest advancements in efficient cooling solutions, Indoor Air Quality (IAQ) solutions, and smart control technologies. These innovations highlight Daikin’s ongoing commitment to providing sustainable, energy-saving products that support Malaysia’s environmental goals and UN's Sustainable Development Goals.
The Schaeffler Group has been driving forward groundbreaking inventions and developments in the field of motion technology for over 75 years. With innovative technologies, products, and services for electric mobility, CO₂-efficient drives, chassis solutions and renewable energies, the company is a reliable partner for making motion more efficient, intelligent, and sustainable – over the entire life cycle. Schaeffler describes its comprehensive range of products and services in the mobility ecosystem by means of eight product families: From bearing solutions and all types of linear guidance systems through to repair and monitoring services. Schaeffler is with around 120,000 employees and more than 250 locations in 55 countries, one of the world’s largest family-owned companies and one of Germany’s most innovative companies.
