Feed-In Tariff for solar PV in Malaysia: Financial analysis and public perspective

Muhammad‐Sukki, Firdaus; Ramirez-Iniguez, Roberto; Abu-Bakar, Siti Hawa; McMeekin, Scott G.; Stewart, Brian G.; Chilukuri, M.V.

doi:10.1109/peoco.2011.5970397

Cited by 11 publications

(6 citation statements)

References 11 publications

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“…A number of countries in Europe (the UK, Spain, Germany) [101] and Asian countries (Malysia, Thailand and Indonesia) [11,102] have already implemented a functional feed-in tariff system which the sub-Saharan…”

Section: ) Energy Policy Implementationmentioning

confidence: 99%

A review on the recent progress made on solar photovoltaic in selected countries of sub-Saharan Africa

Mas’ud

Wirba

Muhammad‐Sukki

et al. 2016

Renewable and Sustainable Energy Reviews

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Section: ) Energy Policy Implementationmentioning

confidence: 99%

A review on the recent progress made on solar photovoltaic in selected countries of sub-Saharan Africa

Mas’ud

Wirba

Muhammad‐Sukki

et al. 2016

Renewable and Sustainable Energy Reviews

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“…Similar analyses on other countries have been carried out by the authors and are presented in [26]- [28]. This section analyses three parameters; the total profit, the average return on investment (ROI) and the payback period.…”

Section: Financial Analysismentioning

confidence: 67%

Feed-in tariff for solar photovoltaic: The rise of Japan

et al. 2014

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“…The annual operating cost and the cost of energy per kWh is RM 22,645 and RM 0.22, respectively, and the payback period for this system is 5.5 years. In [18], the authors studied a 2.5-kWp PV system, and the financial analysis shows a 10.51% return-on-investment with a payback period of 6.55 years. The project can generate a total profit of more than RM 100,000.00 over the contract period (21 years).…”

Section: Npv Irr and Payback Period (Pbp)mentioning

confidence: 99%

“…Many studies have performed financial benefit analyses for PV integration under FiTs in Malaysia [10,[18][19][20]; however, none of them investigated the haze effect while performing an economic feasibility study. In this study, we included the effect of haze on the net present value (NPV) and internal rate of return (IRR) of the project over its expected lifetime.…”

Section: Introductionmentioning

confidence: 99%

Assessment of effect of haze on photovoltaic systems in Malaysia due to open burning in Sumatra

Rahim

Mohammed

Eid

2017

IET Renewable Power Generation

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In recent years, the strategic goals of many countries have included the achievement of high photovoltaic (PV) integration in electrical grids. Therefore, many governments have introduced incentive-based policies in an effort to encourage the private sector to invest in PV-related projects. However, these kinds of projects require a positive net present value (NPV) in order to be sponsored by non-governmental organisations. In this study, the authors investigate the impact of haze on PV systems in Malaysia due to open burning in Sumatra. As a developing country, Malaysia is aiming to increase the installation of renewable-energy (RE) sources, and thus it has implemented a feed-in tariff (FiT) mechanism. As the efficiency of PV cells increases and the cost/Wp decreases with time, the expected NPV, return-on-investment and payback period for PV systems installed in 2015 is expected to be significantly reduced. The FiT rate in Malaysia is significantly higher and the purchase agreement is longer compared with many similar countries; these make Malaysia a preferred choice for PV system investments. However, environmental disturbances such as haze have a negative impact on the yield of PV systems. During the months of September to October 2015, the transboundary haze episode in Kuala Lumpur reduced the power produced from PV systems by 17.8%. This study shows the impact of haze on PV systems, and analyses the effect of haze on the Malaysian RE action plan. This study proposes a method to estimate the reduction in power yield during the haze.

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Feed-In Tariff for solar PV in Malaysia: Financial analysis and public perspective

Cited by 11 publications

References 11 publications

A review on the recent progress made on solar photovoltaic in selected countries of sub-Saharan Africa

A review on the recent progress made on solar photovoltaic in selected countries of sub-Saharan Africa

Feed-in tariff for solar photovoltaic: The rise of Japan

Assessment of effect of haze on photovoltaic systems in Malaysia due to open burning in Sumatra

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