TNB, PETRONAS to collaborate on joint feasibility studies on hydrogen and carbon capture

KUALA LUMPUR: Tenaga Nasional Bhd (TNB) intends to work with Petroliam Nasional Bhd (Petronas) on joint feasibility studies in the areas of hydrogen and carbon capture with a view to unlocking the commercial value of at least RM10 billion up to 2035, said TNB president and chief executive officer Datuk Baharin Din today.

The decarbonisation efforts would be achieved mainly through a collaborative study to develop a green hydrogen ecosystem and carbon capture and storage (CCS) technology, leveraging both organisations' technical expertise and resources.