Investor Presentaiton
OUR DECARBONIZATION ROAD AHEAD IS PAVED BY REPOWERING TO CLEANER
SOURCES
Build scale in renewable generation
1
RE Target of 8300MW
By 2025:
1
Improve thermal plant efficiency
Acceleration of RE investment towards 2050
Our Generation Portfolio Journey
TNB Capacity mix (2021)
14%
45%
1 35% emission intensity reduction
41%
TNB Capacity mix (2035)
10%
66%
24%
By 2035:
2
Halve coal capacity
Ramp up renewables energy: 8.3GW by 2025 & accelerate to 2035
TNB's capacity renewal & expansion will come from lower emission
sources e.g. gas and renewable energy
Our international investments will increasingly focus on Renewable
Energy and emerging green technologies
1)
1
Net Zero Emission and Coal-Free
By 2050:
TNB continues to invest in R&D on emerging energy technologies
Strategic partnerships both locally & internationally
Note:
TNB will focus on pursuing emerging green technologies &
partnerships today, as the technologies are expected to become
commercially-viable in the 2030s
Our action plans above would be subject to economic feasibility assessment
1 renewables capacity includes large hydro plants
2 from the base of 2021 emission intensity
2)
■Renewable ■ Non coal thermal ■ Coal
Repowering roadmap
Our journey towards 35% emission intensity reduction begins with
Reimagining TNB(RT). We expect the renewables build under RT to deliver a
5% reduction in our emission intensity² by 2026.
By early 2030s, we expect our repowering efforts to enable a further 18%
reduction in our emission intensity²
■ The remaining 12% to be achieve by the end of 2035 through the expiry of
2GW of coal capacity PPAs
Renewables growth
Growing our renewables capacity would be necessary to achieve our
aspiration of 35% emission intensity reduction by 2035
■ We expect to grow an average of 1GW of renewables capacity per year to
ensure that 66% of our capacity is made up by renewables energy sources
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