TNB em­barks on ma­jor trans­for­ma­tion

The Sun (Malaysia) - - SUNBIZ -

PETAL­ING JAYA: Te­naga Na­sional Bhd (TNB) is em­bark­ing on a “Reimag­in­ing TNB” trans­for­ma­tion pro­gramme to turn ma­jor chal­lenges af­fect­ing elec­tric­ity util­i­ties of late into new ven­ture op­por­tu­ni­ties.

De­scrib­ing the ma­jor chal­lenges as “big shifts”, its pres­i­dent and CEO Datuk Seri Az­man Mohd said the en­ergy trilemma, and “dis­rup­tions” brought about by the emer­gence of var­i­ous game-chang­ing tech­nolo­gies are chang­ing the util­i­ties land­scape.

He said the in­dus­try is fac­ing trilem­mas com­pris­ing chal­lenges of ad­dress­ing en­ergy se­cu­rity, pro­vid­ing ac­cess to af­ford­able en­ergy ser­vices and main­tain­ing en­vi­ron­men­tally friendly pro­duc­tion and use of en­ergy.

On the “dis­rupt­ing” tech­nolo­gies, he said the chal­lenges among oth­ers come from ris­ing com­pe­ti­tion on re­new­able en­ergy; in­creas­ing ef­fi­ciency of en­ergy stor­age bat­ter­ies; In­ter­net-of-Things; smart grid, smart cities and the need to in­cor­po­rate them into busi­ness and op­er­a­tion.

In turn­ing the chal­lenges into op­por­tu­ni­ties through “Reimag­in­ing TNB”, Az­man said it in­volves four main thrusts. These are ac­tively pur­su­ing fu­ture gen­er­a­tion sources, espe­cially re­new­able en­ergy; grid of the fu­ture in­clud­ing smart grid; win­ning the cus­tomer for new and en­hanced ser­vices and prod­ucts; and reg­u­la­tions, par­tic­u­larly un­der In­cen­tive Based Reg­u­la­tions.

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