Can Malaysia Meet Its Renewable Power Plant Expansion Target by 2015? Evidence from System Dynamics Model

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)

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Abstract

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.

Item Type:	Article
Uncontrolled Keywords:	Renewable energy, System dynamics, policy simulation
Subjects:	T Technology > T Technology (General) T Technology > TJ Mechanical engineering and machinery
Faculty/Division:	Faculty of Engineering Technology
Depositing User:	Mrs. Neng Sury Sulaiman
Date Deposited:	22 Aug 2016 03:53
Last Modified:	22 Aug 2016 03:53
URI:	http://umpir.ump.edu.my/id/eprint/14099
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