1. Economic Considerations 3
The cost of a hydrogen bus ranges from USD 750,000 to USD 1 million, which is higher than diesel buses. However, prices are expected to decrease as the technology matures and production scales up. Lower maintenance costs and potentially lower fuel costs (if hydrogen is produced locally using renewable energy) can offset the higher initial investment over the lifespan of the buses.
Initial Cost
Operational Savings
Infrastructure Development
4
As of 2023, Malaysia has a few hydrogen refuelling stations, primarily in Sarawak. The government plans to expand this network to support the growing number of hydrogen vehicles. The Sarawak hydrogen production plant has a capacity of 130 kg of hydrogen per day, sufficient to refuel about 5 buses daily. Plans are underway to increase production capacity to meet future demand. ECONOMIC GROWTH
Hydrogen Refueling Stations
Hydrogen Production Capacity
JOB CREATION
Investment Attraction
Direct Employment
The development of a hydrogen economy is expected to create numerous jobs in manufacturing, infrastructure development, maintenance, and research.
Malaysia can attract significant investments from both domestic and international companies by positioning as a leader in hydrogen technology in Southeast Asia.
Market Leadership
Indirect Employment
Additional jobs will be created indirectly in related sectors such as renewable energy production and supply chain management.
Malaysia’s strategic location and resources make it an ideal hub for hydrogen production and export, potentially making it a key player in the regional hydrogen market.
21
MSCA 2024 I VOL 7 I JUNE 2024
Made with FlippingBook interactive PDF creator