SINGAPORE: Energy security is no longer just an economic or environmental issue but a strategic priority closely linked to national stability, resilience and prosperity, Deputy Prime Minister and Energy Transition and Water Transformation Minister Fadillah Yusof said.

Speaking at the Singapore International Energy Week (SIEW) 2026 at the Sands Expo and Convention Centre in Singapore today, Fadillah said countries must work together to address growing uncertainty in the global energy sector.

He stressed that Malaysia’s energy transition must be secure, affordable and sustainable, ensuring that the needs of households and industries are met without compromising the interests of future generations.

Under the National Energy Transition Roadmap (NETR), Malaysia aims to increase renewable energy to 70 per cent of its installed power capacity by 2050, in line with its ambition to achieve net-zero emissions by the same year.

Fadillah said the energy transition involved more than increasing renewable energy capacity. It also required stronger electricity grids, energy storage technology, flexible power systems and strategic investments to build a more resilient energy sector.

He highlighted the ASEAN Power Grid as a key regional initiative, saying cross-border electricity connections could improve efficiency, create opportunities for electricity trading and strengthen energy security across Southeast Asia.

“Malaysia will continue to strengthen cooperation with Singapore, ASEAN member states and international partners to turn these ambitions into concrete action,” he said.

Fadillah also stressed the importance of artificial intelligence and digital technology in improving energy systems, managing electricity demand and supporting the growth of the digital economy.

He said cooperation between governments, the private sector and financial institutions would be essential to mobilise the investments needed to support the region’s energy transition.

“No country can face the energy challenges of the future alone,” he said, adding that ASEAN’s strength lay in its ability to share expertise, complement one another’s capabilities and develop joint solutions.

Fadillah reaffirmed Malaysia’s commitment to advancing its national energy transition agenda and working with regional partners to build a cleaner, more secure, resilient and sustainable energy system.

SIEW is a major international platform that brings together government leaders, policymakers, energy industry players, investors, researchers and technology experts to discuss global energy developments, with a particular focus on Asia.

For Malaysia, the event provides an opportunity to strengthen regional cooperation in energy transition, electricity supply security, renewable energy development, cross-border electricity trading and low-carbon technologies.

The Ministry of Energy Transition and Water Transformation (PETRA) can also use the platform to promote Malaysia’s energy transition plans, deepen cooperation with Singapore and other ASEAN countries, and attract investment in future energy infrastructure.

Source — Fadillah Yusof Facebook