Effects of fossil fuel price fluctuations on electricity planning comprising renewable energy
Electricity generation mix in Malaysia largely relies on fossil fuel including coal, natural gas (NG), diesel and fuel oil. In the Ninth Malaysia Plan, the government aims to achieve 5% electricity generation mix from renewable energy (RE). Nevertheless, until now, RE contributes less than 1% of the...
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| Format: | Article |
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Curtin University of Technology and John Wiley & Sons, Ltd.
2011
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| _version_ | 1796856486668795904 |
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| author | Ab. Muis, Zarina Hashim, Haslenda Abdul Manan, Zainuddin Douglas, Peter L. |
| author_facet | Ab. Muis, Zarina Hashim, Haslenda Abdul Manan, Zainuddin Douglas, Peter L. |
| author_sort | Ab. Muis, Zarina |
| collection | ePrints |
| description | Electricity generation mix in Malaysia largely relies on fossil fuel including coal, natural gas (NG), diesel and fuel oil. In the Ninth Malaysia Plan, the government aims to achieve 5% electricity generation mix from renewable energy (RE). Nevertheless, until now, RE contributes less than 1% of the national electricity generation mix. In spite of its emission benefits, NG prices volatility have encouraged calls for investments in RE. Unfortunately, NG price in Malaysia is highly subsidized, thereby making RE implementation unattractive. This article addresses the impact of NG price (with and without subsidies) on RE-integrated electricity generation in Malaysia. The results show that a small increment in NG price will not affect the selection of RE source for electricity generation. If RE electricity generation is chosen, it will slightly increase the cost of electricity (COE) by 2.2 cents/kWh. Without NG subsidies, this cost can be translated to an additional 3 cents/kWh of COE. |
| first_indexed | 2024-03-05T18:43:41Z |
| format | Article |
| id | utm.eprints-29048 |
| institution | Universiti Teknologi Malaysia - ePrints |
| last_indexed | 2024-03-05T18:43:41Z |
| publishDate | 2011 |
| publisher | Curtin University of Technology and John Wiley & Sons, Ltd. |
| record_format | dspace |
| spelling | utm.eprints-290482019-03-05T01:34:12Z http://eprints.utm.my/29048/ Effects of fossil fuel price fluctuations on electricity planning comprising renewable energy Ab. Muis, Zarina Hashim, Haslenda Abdul Manan, Zainuddin Douglas, Peter L. QD Chemistry Electricity generation mix in Malaysia largely relies on fossil fuel including coal, natural gas (NG), diesel and fuel oil. In the Ninth Malaysia Plan, the government aims to achieve 5% electricity generation mix from renewable energy (RE). Nevertheless, until now, RE contributes less than 1% of the national electricity generation mix. In spite of its emission benefits, NG prices volatility have encouraged calls for investments in RE. Unfortunately, NG price in Malaysia is highly subsidized, thereby making RE implementation unattractive. This article addresses the impact of NG price (with and without subsidies) on RE-integrated electricity generation in Malaysia. The results show that a small increment in NG price will not affect the selection of RE source for electricity generation. If RE electricity generation is chosen, it will slightly increase the cost of electricity (COE) by 2.2 cents/kWh. Without NG subsidies, this cost can be translated to an additional 3 cents/kWh of COE. Curtin University of Technology and John Wiley & Sons, Ltd. 2011-05 Article PeerReviewed Ab. Muis, Zarina and Hashim, Haslenda and Abdul Manan, Zainuddin and Douglas, Peter L. (2011) Effects of fossil fuel price fluctuations on electricity planning comprising renewable energy. Asia-Pacific Journal of Chemical Engineering, 6 (3). pp. 552-562. ISSN 1932-2135 http://dx.doi.org/10.1002/apj.586 DOI:10.1002/apj.586 |
| spellingShingle | QD Chemistry Ab. Muis, Zarina Hashim, Haslenda Abdul Manan, Zainuddin Douglas, Peter L. Effects of fossil fuel price fluctuations on electricity planning comprising renewable energy |
| title | Effects of fossil fuel price fluctuations on electricity planning comprising renewable energy |
| title_full | Effects of fossil fuel price fluctuations on electricity planning comprising renewable energy |
| title_fullStr | Effects of fossil fuel price fluctuations on electricity planning comprising renewable energy |
| title_full_unstemmed | Effects of fossil fuel price fluctuations on electricity planning comprising renewable energy |
| title_short | Effects of fossil fuel price fluctuations on electricity planning comprising renewable energy |
| title_sort | effects of fossil fuel price fluctuations on electricity planning comprising renewable energy |
| topic | QD Chemistry |
| work_keys_str_mv | AT abmuiszarina effectsoffossilfuelpricefluctuationsonelectricityplanningcomprisingrenewableenergy AT hashimhaslenda effectsoffossilfuelpricefluctuationsonelectricityplanningcomprisingrenewableenergy AT abdulmananzainuddin effectsoffossilfuelpricefluctuationsonelectricityplanningcomprisingrenewableenergy AT douglaspeterl effectsoffossilfuelpricefluctuationsonelectricityplanningcomprisingrenewableenergy |