Can Malaysia Meet Its Renewable Power Plant Expansion Target by 2015? Evidence from System Dynamics Model
Malaysia having more than 65% of electricity generation from fossil fuels has been trying to incorporate renewable resources in the fuel mix. System Dynamics modelling and simulation approach is used to model capacity expansion target by 2015. The system dynamics model consists of construction, ince...
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| Format: | Article |
| Language: | English English |
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Universiti Malaysia Pahang
2013
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| Online Access: | http://umpir.ump.edu.my/id/eprint/14099/1/ftech-2013-salman-Can%20Malaysia%20Meet%20Its%20Renewable%20Power%20Plant.pdf http://umpir.ump.edu.my/id/eprint/14099/7/ftech-2013-salman-Can%20Malaysia%20Meet%20Its%20Renewable%20Power%20Plant1.pdf |
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| author | Salman, Ahmad Razman, Mat Tahar |
| author_facet | Salman, Ahmad Razman, Mat Tahar |
| author_sort | Salman, Ahmad |
| collection | UMP |
| description | Malaysia having more than 65% of electricity generation from fossil fuels has been trying to incorporate renewable resources in the fuel mix. System Dynamics modelling and simulation approach is used to model capacity expansion target by 2015. The system dynamics model consists of construction, incentives and investors ' behavioral feedback, in making an investment decision. Analysis under optimistic settings reveals that investments fail to achieve the target of 985Megawatts of renewable capacity. |
| first_indexed | 2024-03-06T12:06:25Z |
| format | Article |
| id | UMPir14099 |
| institution | Universiti Malaysia Pahang |
| language | English English |
| last_indexed | 2024-03-06T12:06:25Z |
| publishDate | 2013 |
| publisher | Universiti Malaysia Pahang |
| record_format | dspace |
| spelling | UMPir140992016-08-22T03:53:17Z http://umpir.ump.edu.my/id/eprint/14099/ Can Malaysia Meet Its Renewable Power Plant Expansion Target by 2015? Evidence from System Dynamics Model Salman, Ahmad Razman, Mat Tahar T Technology (General) TJ Mechanical engineering and machinery Malaysia having more than 65% of electricity generation from fossil fuels has been trying to incorporate renewable resources in the fuel mix. System Dynamics modelling and simulation approach is used to model capacity expansion target by 2015. The system dynamics model consists of construction, incentives and investors ' behavioral feedback, in making an investment decision. Analysis under optimistic settings reveals that investments fail to achieve the target of 985Megawatts of renewable capacity. Universiti Malaysia Pahang 2013 Article PeerReviewed application/pdf en http://umpir.ump.edu.my/id/eprint/14099/1/ftech-2013-salman-Can%20Malaysia%20Meet%20Its%20Renewable%20Power%20Plant.pdf application/pdf en http://umpir.ump.edu.my/id/eprint/14099/7/ftech-2013-salman-Can%20Malaysia%20Meet%20Its%20Renewable%20Power%20Plant1.pdf Salman, Ahmad and Razman, Mat Tahar (2013) Can Malaysia Meet Its Renewable Power Plant Expansion Target by 2015? Evidence from System Dynamics Model. International Journal of Technology Management, 2. pp. 37-40. ISSN 2289-2753. (Published) http://www.ump.edu.my/ |
| spellingShingle | T Technology (General) TJ Mechanical engineering and machinery Salman, Ahmad Razman, Mat Tahar Can Malaysia Meet Its Renewable Power Plant Expansion Target by 2015? Evidence from System Dynamics Model |
| title | Can Malaysia Meet Its Renewable Power Plant Expansion Target by 2015? Evidence from System Dynamics Model |
| title_full | Can Malaysia Meet Its Renewable Power Plant Expansion Target by 2015? Evidence from System Dynamics Model |
| title_fullStr | Can Malaysia Meet Its Renewable Power Plant Expansion Target by 2015? Evidence from System Dynamics Model |
| title_full_unstemmed | Can Malaysia Meet Its Renewable Power Plant Expansion Target by 2015? Evidence from System Dynamics Model |
| title_short | Can Malaysia Meet Its Renewable Power Plant Expansion Target by 2015? Evidence from System Dynamics Model |
| title_sort | can malaysia meet its renewable power plant expansion target by 2015 evidence from system dynamics model |
| topic | T Technology (General) TJ Mechanical engineering and machinery |
| url | http://umpir.ump.edu.my/id/eprint/14099/1/ftech-2013-salman-Can%20Malaysia%20Meet%20Its%20Renewable%20Power%20Plant.pdf http://umpir.ump.edu.my/id/eprint/14099/7/ftech-2013-salman-Can%20Malaysia%20Meet%20Its%20Renewable%20Power%20Plant1.pdf |
| work_keys_str_mv | AT salmanahmad canmalaysiameetitsrenewablepowerplantexpansiontargetby2015evidencefromsystemdynamicsmodel AT razmanmattahar canmalaysiameetitsrenewablepowerplantexpansiontargetby2015evidencefromsystemdynamicsmodel |