TY - GEN
T1 - Transitioning into a Deregulated Energy Market for Sabah
T2 - Innovative Manufacturing, Mechatronics and Materials Forum, iM3F 2020
AU - Lim, Tze Wei
AU - Tan, Andrew Huey Ping
AU - Yap, Eng Hwa
AU - Tshai, Kim Yeow
AU - Kong, Wei
N1 - Publisher Copyright:
© 2022, The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.
PY - 2022
Y1 - 2022
N2 - With an increasing energy demand, energy security is progressively becoming crucial for Malaysia’s socio-economic growth. In addition, with the ratification of the Paris Climate Change Agreement, policies for the energy sector, which are the prime factors of global greenhouse gas emissions should be given thorough attention, especially for a developing economy like Malaysia. This paper is concerned with the design and development of a systems model to predict the behaviours of relevant energy market key indicators in transitioning Sabah’s energy sector towards a deregulated model. The dynamic and systemic nature of the electricity market necessitates a systems approach to model the scenarios projecting across envisaged possibilities in the transition process. Results show that 15% renewable energy penetration in Sabah will provide benefits of improving system performance, reduce fossil fuel dependence and harmful emissions, and increase system sustainability.
AB - With an increasing energy demand, energy security is progressively becoming crucial for Malaysia’s socio-economic growth. In addition, with the ratification of the Paris Climate Change Agreement, policies for the energy sector, which are the prime factors of global greenhouse gas emissions should be given thorough attention, especially for a developing economy like Malaysia. This paper is concerned with the design and development of a systems model to predict the behaviours of relevant energy market key indicators in transitioning Sabah’s energy sector towards a deregulated model. The dynamic and systemic nature of the electricity market necessitates a systems approach to model the scenarios projecting across envisaged possibilities in the transition process. Results show that 15% renewable energy penetration in Sabah will provide benefits of improving system performance, reduce fossil fuel dependence and harmful emissions, and increase system sustainability.
KW - Deregulation
KW - Energy market
KW - Sabah
KW - System dynamics
UR - http://www.scopus.com/inward/record.url?scp=85112539403&partnerID=8YFLogxK
U2 - 10.1007/978-981-33-4597-3_79
DO - 10.1007/978-981-33-4597-3_79
M3 - Conference Proceeding
AN - SCOPUS:85112539403
SN - 9789813345966
T3 - Lecture Notes in Electrical Engineering
SP - 883
EP - 893
BT - Recent Trends in Mechatronics Towards Industry 4.0 - Selected Articles from iM3F 2020
A2 - Ab. Nasir, Ahmad Fakhri
A2 - Ibrahim, Ahmad Najmuddin
A2 - Ishak, Ismayuzri
A2 - Mat Yahya, Nafrizuan
A2 - Zakaria, Muhammad Aizzat
A2 - P. P. Abdul Majeed, Anwar
PB - Springer Science and Business Media Deutschland GmbH
Y2 - 6 August 2020 through 6 August 2020
ER -
