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Buildings to Host 100+ New EV Chargers In Malaysia

Business Today ·  Aug 1 15:04

Malaysia is making significant strides towards a low-carbon future with the launch of its National Energy Transition Roadmap (NETR) in August 2023. This ambitious plan includes increasing electric vehicle (EV) adoption and installing 10,000 public charging stations by 2025. As part of this transition, various sectors, including automotive, energy, and technology providers, are crucial to achieving these goals.

One sector with a critical role to play is buildings. The UN Environment Programme (UNEP) highlights that the building and construction sector has experienced a resurgence in energy consumption and CO2 emissions, reaching record levels in 2021. This sector accounted for over 34% of global energy demand and approximately 37% of energy-related CO2 emissions, as reported in the 2022 Global Status Report for Buildings and Construction released during COP27.

Integrating EV charging infrastructure into new developments and retrofitting existing buildings with charging stations can facilitate widespread EV adoption while reducing greenhouse gas emissions. By 2040, it is projected that around 90% of EV chargers will be installed in private settings, including residential, commercial, and industrial buildings. This trend underscores the importance of efficient energy management in buildings to handle the increased energy demand from EV chargers.

However, Malaysia faces challenges with its ageing building stock, which often includes outdated systems requiring significant electrical upgrades. Retrofitting these buildings to accommodate EV chargers entails substantial investment and higher maintenance costs. Technology plays a vital role in overcoming these challenges, making digitalisation a key component in modernising buildings for green mobility.

Digitalisation is transforming building design, construction, and operation to support sustainable transportation options. Advanced energy management systems and smart charging technologies, such as those provided by Schneider Electric, help integrate EV infrastructure into existing buildings. These technologies optimise energy usage, manage charging sessions, and reduce peak demand periods, contributing to overall building sustainability and reduced carbon footprints.

Schneider Electric's energy management systems ensure that EV charging does not overburden a building's electrical grid. These solutions not only meet drivers' needs but also enhance the appeal of buildings for work and living, aligning with green mobility goals and improving operational efficiency.

However, there is a gap between the growing technology needs and the current digital skills of Malaysia's workforce. To bridge this gap, businesses are seeking trusted partners like Schneider Electric for guidance. Schneider Electric offers a comprehensive suite of digital tools, resources, and training to support businesses in managing various spaces, from homes to data centres, and driving sustainability.

In April, Schneider Electric and JusEV announced a significant initiative to install over 100 EV chargers, including 10% DC fast chargers, in private and commercial buildings by 2024. This project marks a major step towards expanding Malaysia's EV infrastructure and enhancing energy management in buildings.

As Malaysia embraces green mobility, every step counts towards a greener future. The transition involves more than adopting EVs—it requires transforming buildings into energy-efficient, sustainable spaces.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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