a detailed roadmap for the transition that will also create economic growth, job opportunities and income generation in green industries. The NETR includes flagship catalyst projects like Hybrid Hydro-Floating Solar Photovoltaic, Large-Scale Solar Parks, and Co-firing of Hydrogen-Ammonia. These projects are part of Malaysia’s broader aspirations to achieve net zero carbon emissions and a 70% installation of RE capacity by 2050. In addition, the upcoming introduction of an RE exchange in 2024 signifies a major step towards economic opportunities for domestic RE industry players and aligns with the nation’s sustainable development goals. At the heart of Malaysia’s ET is the shift from fossil fuel-based systems to RE sources, such as solar power, to reduce greenhouse gas emissions and enhance ESG factors. This transition, termed as “ Just Energy Transition”,adds a social dimension by ensuring that the transformation is equitable and inclusive, stressing on community involvement, job creation, universal energy access, and socio-economic considerations. TNB’s role in this transition is pivotal, focusing on decarbonising power generation through investment in green technologies, strengthening the grid and empowering electrification across sectors. By fostering collaboration with government and stakeholders, TNB is at the forefront of ensuring a reliable, resilient and flexible grid to support Malaysia’s energy needs. Malaysia’s energy policies chart a definitive route to Net Zero by 2050, promoting green industry growth and job creation. TENAGA NASIONAL BERHAD Integrated Annual Report 2023 52 Top Priorities • Grow renewable energy capacity • Target strategic international markets for growth • Optimise existing generation fleet performance • Advance gradual decarbonisation Top Priorities • Ensure grid reliability and operation • Enhance network to be flexible, automated, secure • Leverage innovation for network improvement Top Priorities • Transform customer experience with personalised services • Drive growth through