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The Prime Minister of Malaysia has said that the World Future Energy Summit, due to take place in Abu Dhabi between January 18-21, will play a significant role, alongside Copenhagen, in accelerating the uptake of renewable, the future of the energy sector.
In a statement released to the press, Najib Razak emphasised the objectives of the forthcoming summit.
“Each and every one of us has a role to play in driving the swift adoption of renewable energy. For a developing country like Malaysia, the cost of renewable energy generation is still high and is not economically viable because generating a return of investment takes a long time,” Razak said.
“It is therefore not easy to convince businesses to consider power generation from renewable resources as an attractive business opportunity,” he added.
Razak will be one of the speakers at the event being held next month. Other notable speakers include Karolos Papoulias, the President of Greece and the Crown prince of Spain, Felipe de Borbón y Grecia.
