TY - GEN
T1 - Deregulating the electricity market for the peninsula Malaysian grid using a system dynamics approach
AU - Lee, Darren Teck Liang
AU - Tan, Andrew Huey Ping
AU - Yap, Eng Hwa
AU - Tshai, Kim Yeow
N1 - Publisher Copyright:
© Springer Nature Singapore Pte Ltd. 2019.
PY - 2019
Y1 - 2019
N2 - Competition among power producers is minimal in the current Peninsula Malaysia’s electricity market structure as it only happens during the proposal stage to build new power plants. Therefore, electricity generation is over-dependent on current national gas reserves and the importation of cheap coal from Indonesia to keep tariffs low as there is minimal competition among power producers. However, this is not a suitable long term and environmental-friendly solution as it increases carbon dioxide and other greenhouse gases (GHG) emission. Hence, this research utilises system dynamics method to study the effects of a single buyer model (SBM) transitioning into a wholesale competition market, and to propose a framework to deregulate Peninsula Malaysia’s electricity market. Results have shown that tariffs for end consumers are lower in the wholesale competitive market than the current SBM market even after incorporating expensive large-scale renewable energy.
AB - Competition among power producers is minimal in the current Peninsula Malaysia’s electricity market structure as it only happens during the proposal stage to build new power plants. Therefore, electricity generation is over-dependent on current national gas reserves and the importation of cheap coal from Indonesia to keep tariffs low as there is minimal competition among power producers. However, this is not a suitable long term and environmental-friendly solution as it increases carbon dioxide and other greenhouse gases (GHG) emission. Hence, this research utilises system dynamics method to study the effects of a single buyer model (SBM) transitioning into a wholesale competition market, and to propose a framework to deregulate Peninsula Malaysia’s electricity market. Results have shown that tariffs for end consumers are lower in the wholesale competitive market than the current SBM market even after incorporating expensive large-scale renewable energy.
UR - http://www.scopus.com/inward/record.url?scp=85065073876&partnerID=8YFLogxK
U2 - 10.1007/978-981-13-7780-8_14
DO - 10.1007/978-981-13-7780-8_14
M3 - Conference Proceeding
AN - SCOPUS:85065073876
SN - 9789811377792
T3 - Communications in Computer and Information Science
SP - 164
EP - 188
BT - Robot Intelligence Technology and Applications - 6th International Conference, RiTA 2018, Revised Selected Papers
A2 - Kim, Jong-Hwan
A2 - Myung, Hyung
A2 - Lee, Seung-Mok
PB - Springer Verlag
T2 - 6th International Conference on Robot Intelligence Technology and Applications, RiTA 2018
Y2 - 16 December 2018 through 18 December 2018
ER -