Analyzing the Effect of Feed-in Tariff and Reserve Margin on Renewable Generation Capacity Expansion

To meet growing demand, reduce environmental impact, and to attain sustainability in electricity generation, Malaysia is undertaking the task of diversifying the fuel-mix for power generation. In this regard, renewable energy generation has become an important option. It is imperative for the govern...

Full description

Bibliographic Details
Main Authors:	Akhwanzada, Salman A., Razman, Mat Tahar
Format:	Conference or Workshop Item
Language:	English English
Published:	IEEE Xplore 2013
Subjects:	HD Industries. Land use. Labor
Online Access:	http://umpir.ump.edu.my/id/eprint/5519/ http://umpir.ump.edu.my/id/eprint/5519/ http://umpir.ump.edu.my/id/eprint/5519/ http://umpir.ump.edu.my/id/eprint/5519/1/ftech-2014-19.pdf http://umpir.ump.edu.my/id/eprint/5519/2/06560225.pdf

id	ump-5519
recordtype	eprints
spelling	ump-55192015-03-03T09:25:12Z http://umpir.ump.edu.my/id/eprint/5519/ Analyzing the Effect of Feed-in Tariff and Reserve Margin on Renewable Generation Capacity Expansion Akhwanzada, Salman A. Razman, Mat Tahar HD Industries. Land use. Labor To meet growing demand, reduce environmental impact, and to attain sustainability in electricity generation, Malaysia is undertaking the task of diversifying the fuel-mix for power generation. In this regard, renewable energy generation has become an important option. It is imperative for the government and private investors to know the possible capacities of renewable energy generation from various sources in order to plan a resilient energy system. In this paper, important factors affecting the development of renewable energy generation are modeled using system dynamics methodology. The variables include feed-in tariff effect, reserves margin, demand growth, and generation capacities. Two renewable sources, solar photovoltaic and municipal solid waste are analyzed from 2012 to 2030. Results show that (1) the maximum installed capacities of solar photovoltaic and municipal solid waste power would reach 1,175.87 MW and 491.59 MW in 2030; (2) from 2013 to 2021, solar power develops rapidly as compared to municipal solid waste, which has the rapid growth between 2017 and 2025; (3)solar power misses its policy target set by the government whereas municipal solid waste surpasses its target;(4)the degression ratio for solar PV has high impact in reducing the capacity additions per year as compared to that of municipal solid waste. These results have important policy implications for long-term energy planning in Malaysia. IEEE Xplore 2013 Conference or Workshop Item PeerReviewed application/pdf en http://umpir.ump.edu.my/id/eprint/5519/1/ftech-2014-19.pdf application/pdf en http://umpir.ump.edu.my/id/eprint/5519/2/06560225.pdf Akhwanzada, Salman A. and Razman, Mat Tahar (2013) Analyzing the Effect of Feed-in Tariff and Reserve Margin on Renewable Generation Capacity Expansion. In: Business Engineering and Industrial Applications Colloquium (BEIAC), 2013 IEEE , 7-9 April 2013 , Langkawi, Kedah. pp. 714-718.. http://dx.doi.org/10.1109/BEIAC.2013.6560225 DOI:10.1109/BEIAC.2013.6560225
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Malaysia Pahang
building	UMP Institutional Repository
collection	Online Access
language	English English
topic	HD Industries. Land use. Labor
spellingShingle	HD Industries. Land use. Labor Akhwanzada, Salman A. Razman, Mat Tahar Analyzing the Effect of Feed-in Tariff and Reserve Margin on Renewable Generation Capacity Expansion
description	To meet growing demand, reduce environmental impact, and to attain sustainability in electricity generation, Malaysia is undertaking the task of diversifying the fuel-mix for power generation. In this regard, renewable energy generation has become an important option. It is imperative for the government and private investors to know the possible capacities of renewable energy generation from various sources in order to plan a resilient energy system. In this paper, important factors affecting the development of renewable energy generation are modeled using system dynamics methodology. The variables include feed-in tariff effect, reserves margin, demand growth, and generation capacities. Two renewable sources, solar photovoltaic and municipal solid waste are analyzed from 2012 to 2030. Results show that (1) the maximum installed capacities of solar photovoltaic and municipal solid waste power would reach 1,175.87 MW and 491.59 MW in 2030; (2) from 2013 to 2021, solar power develops rapidly as compared to municipal solid waste, which has the rapid growth between 2017 and 2025; (3)solar power misses its policy target set by the government whereas municipal solid waste surpasses its target;(4)the degression ratio for solar PV has high impact in reducing the capacity additions per year as compared to that of municipal solid waste. These results have important policy implications for long-term energy planning in Malaysia.
format	Conference or Workshop Item
author	Akhwanzada, Salman A. Razman, Mat Tahar
author_facet	Akhwanzada, Salman A. Razman, Mat Tahar
author_sort	Akhwanzada, Salman A.
title	Analyzing the Effect of Feed-in Tariff and Reserve Margin on Renewable Generation Capacity Expansion
title_short	Analyzing the Effect of Feed-in Tariff and Reserve Margin on Renewable Generation Capacity Expansion
title_full	Analyzing the Effect of Feed-in Tariff and Reserve Margin on Renewable Generation Capacity Expansion
title_fullStr	Analyzing the Effect of Feed-in Tariff and Reserve Margin on Renewable Generation Capacity Expansion
title_full_unstemmed	Analyzing the Effect of Feed-in Tariff and Reserve Margin on Renewable Generation Capacity Expansion
title_sort	analyzing the effect of feed-in tariff and reserve margin on renewable generation capacity expansion
publisher	IEEE Xplore
publishDate	2013
url	http://umpir.ump.edu.my/id/eprint/5519/ http://umpir.ump.edu.my/id/eprint/5519/ http://umpir.ump.edu.my/id/eprint/5519/ http://umpir.ump.edu.my/id/eprint/5519/1/ftech-2014-19.pdf http://umpir.ump.edu.my/id/eprint/5519/2/06560225.pdf
first_indexed	2023-09-18T22:00:50Z
last_indexed	2023-09-18T22:00:50Z
_version_	1777414387293749248

Analyzing the Effect of Feed-in Tariff and Reserve Margin on Renewable Generation Capacity Expansion

Similar Items