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On January 12, the Bell Bay Power Station's 110-meter chimney was demolished using 41 kilograms of explosives, marking the completion of controlled demolition work. This demolition is part of the transition to the Bell Bay Powerfuels' green hydrogen and methanol project.

The chimney had been a prominent landmark in George Town since the early 1970s. A $1.7 billion investment will support the construction of a new station that converts electrical energy into green methanol, creating over 700 jobs during construction and producing up to 45,000 tonnes of liquid methanol annually. The project aims to significantly impact the local economy and the transport sector by providing renewable energy liquid fuel equivalent to 2,200 heavy vehicles per year.