Economic Analysis in Restructured Electricity Supply Industry (ESI) for Malaysian Market Model
Before 1980s, the generation, transmission and distribution vertically related sectors have typically been tied together within a utility. It has been either, investor owned and state-regulated or owned by the local municipality. Each sector was thought of as a natural monopoly. During that era, the...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
EDP Sciences
2016-01-01
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| Series: | MATEC Web of Conferences |
| Online Access: | http://dx.doi.org/10.1051/matecconf/20164007003 |
| _version_ | 1818918911710593024 |
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| author | Mohamad N. Abdul Aziz P.D Hamidon F.Z. |
| author_facet | Mohamad N. Abdul Aziz P.D Hamidon F.Z. |
| author_sort | Mohamad N. |
| collection | DOAJ |
| description | Before 1980s, the generation, transmission and distribution vertically related sectors have typically been tied together within a utility. It has been either, investor owned and state-regulated or owned by the local municipality. Each sector was thought of as a natural monopoly. During that era, there were two main reasons accelerated for restructuring needs. The first one was to widen up the choices of electricity for customers. And the second one was due to rapid expansion capacity needs in generation, transmission and distribution. In Malaysia, the Malaysian Electricity Supply Industry (MESI) has aimed to restructure its current model to become a wholesale market model. In 1992, by introducing the Independent Power Producers (IPPs) in the loop, MESI applies Single Buyer model. Single Buyer model is one of the existing models available under the restructuring apart from Pool and Bilateral. This paper evaluates the economic benefits for Malaysia with the current structure from the side of electricity provider. A case study with load variation for three different maximum demands is considered in this paper. The mathematical equation developed by zero Loss of Load Probability is applied to evaluate the economic benefits. |
| first_indexed | 2024-12-20T00:57:29Z |
| format | Article |
| id | doaj.art-33a1f4ba206240c0a649698057bd8a1c |
| institution | Directory Open Access Journal |
| issn | 2261-236X |
| language | English |
| last_indexed | 2024-12-20T00:57:29Z |
| publishDate | 2016-01-01 |
| publisher | EDP Sciences |
| record_format | Article |
| series | MATEC Web of Conferences |
| spelling | doaj.art-33a1f4ba206240c0a649698057bd8a1c2022-12-21T19:59:04ZengEDP SciencesMATEC Web of Conferences2261-236X2016-01-01400700310.1051/matecconf/20164007003matecconf_icmes2016_07003Economic Analysis in Restructured Electricity Supply Industry (ESI) for Malaysian Market ModelMohamad N.0Abdul Aziz P.D1Hamidon F.Z.2Electrical Technology Section, Universiti Kuala Lumpur British Malaysian InstituteElectrical Technology Section, Universiti Kuala Lumpur British Malaysian InstituteElectrical Technology Section, Universiti Kuala Lumpur British Malaysian InstituteBefore 1980s, the generation, transmission and distribution vertically related sectors have typically been tied together within a utility. It has been either, investor owned and state-regulated or owned by the local municipality. Each sector was thought of as a natural monopoly. During that era, there were two main reasons accelerated for restructuring needs. The first one was to widen up the choices of electricity for customers. And the second one was due to rapid expansion capacity needs in generation, transmission and distribution. In Malaysia, the Malaysian Electricity Supply Industry (MESI) has aimed to restructure its current model to become a wholesale market model. In 1992, by introducing the Independent Power Producers (IPPs) in the loop, MESI applies Single Buyer model. Single Buyer model is one of the existing models available under the restructuring apart from Pool and Bilateral. This paper evaluates the economic benefits for Malaysia with the current structure from the side of electricity provider. A case study with load variation for three different maximum demands is considered in this paper. The mathematical equation developed by zero Loss of Load Probability is applied to evaluate the economic benefits.http://dx.doi.org/10.1051/matecconf/20164007003 |
| spellingShingle | Mohamad N. Abdul Aziz P.D Hamidon F.Z. Economic Analysis in Restructured Electricity Supply Industry (ESI) for Malaysian Market Model MATEC Web of Conferences |
| title | Economic Analysis in Restructured Electricity Supply Industry (ESI) for Malaysian Market Model |
| title_full | Economic Analysis in Restructured Electricity Supply Industry (ESI) for Malaysian Market Model |
| title_fullStr | Economic Analysis in Restructured Electricity Supply Industry (ESI) for Malaysian Market Model |
| title_full_unstemmed | Economic Analysis in Restructured Electricity Supply Industry (ESI) for Malaysian Market Model |
| title_short | Economic Analysis in Restructured Electricity Supply Industry (ESI) for Malaysian Market Model |
| title_sort | economic analysis in restructured electricity supply industry esi for malaysian market model |
| url | http://dx.doi.org/10.1051/matecconf/20164007003 |
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