Malaysia’s electricity market structure in transition

Sibeperegasam, Mahesvaran and Ramachandaramurthy, Vigna Kumaran and Walker, Sara and Kanesan, Jeevan (2021) Malaysia’s electricity market structure in transition. Utilities Policy, 72. p. 101266. ISSN 09571787, DOI https://doi.org/10.1016/j.jup.2021.101266.

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Official URL: https://doi.org/10.1016/j.jup.2021.101266

Abstract

The Malaysian electricity industry evolved from a vertically integrated utility into a single-buyer model, which considered a precursor to deregulation and a competitive market. This study considers electricity sector reform in Malaysia and proposes a market structure for the industry. We focus on the single-buyer model and the pool model for the analysis with the recommendation on reform stages required to ensure a smooth and successful market transition. A smooth transition from regulated market into deregulated market will ensure market stability and sustainability of the energy market. It will also provide enough time for the market participants to adapt and transit from regulated to deregulated energy market.

Item Type: Article
Funders: UNSPECIFIED
Uncontrolled Keywords: Malaysia electricity Supply industry (MESI); Grid system operator (GSO); Single buyer; Independent power producer (IPP); System marginal pricing; Reform; Monopoly
Subjects: T Technology > TD Environmental technology. Sanitary engineering
Divisions: Faculty of Engineering
Depositing User: Ms. Juhaida Abd Rahim
Date Deposited: 21 Feb 2022 05:02
Last Modified: 21 Feb 2022 05:02
URI: http://eprints.um.edu.my/id/eprint/26260

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