Progress of feed-in tariff in Malaysia: A year after

Muhammad‐Sukki, Firdaus; Abu-Bakar, Siti Hawa; Munir, Ahmad; Yasin, Siti Hajar Mohd; Ramirez-Iniguez, Roberto; McMeekin, Scott G.; Stewart, Brian G.; Rahim, Ruzairi Abdul

doi:10.1016/j.enpol.2013.12.044

Cited by 39 publications

(27 citation statements)

References 11 publications

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“…However, the minister has the power to decide the acceptable bank interest rate where the interest is less than 6%. For renewable energy in Malaysia, the value of risk-free rate or debt interest is 5% [39]. The debt is assumed to be discrete from the other loans that a power producer may have.…”

Section: The Parameters Of Debt Repaymentmentioning

confidence: 99%

The Optimal Generation Cost-Based Tariff Rates for Onshore Wind Energy in Malaysia

et al. 2017

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Abstract:The government of Malaysia has recently decided to explore the feasibility of wind energy to generate electricity in the country. Their ambition is to achieve a measureable target in the percentage contribution of electricity generated by renewable energy technology in the national electricity generation mix. As part of this initiative, a study of wind energy policy has been conducted by identifying the optimal feed-in tariff (FiT) rates to support the development of wind energy in the country. The aim of this paper is to calculate the optimal level of tariff that is suitable with local wind conditions. A closed-form equation for optimal feed-in tariff rate of wind energy with consideration of the availability of capital allowance has been developed. The focus is on small-and utility-scale wind turbine installations. As a result, by considering the availability of capital allowance, the optimal FiT rates for small-scale wind turbines in Malaysia are between 0.9245-1.1313 RM/kWh, while utility-scale rates are between 0.7396 and 0.9050 RM/kWh. The level of FiT is changed with the changing value of economic parameters. Kudat, in northern Borneo, has been identified as a prime site for wind energy development in the country; however, more work needs to be conducted, including the development of a regional wind map and measurement of wind data at more new potential sites.

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Section: The Parameters Of Debt Repaymentmentioning

confidence: 99%

The Optimal Generation Cost-Based Tariff Rates for Onshore Wind Energy in Malaysia

et al. 2017

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“…Furthermore, against the positive response of RE investment in Malaysia, the uptake for FiT system has been dominated by solar PV [3]. The uneven RE mix can create an uneven bargaining position for potential power generators [3] as well as cause a premature extinction of technological alternatives with potentially superior performance [4]. The situation raise a concern on how well we understand Malaysian investors in their decision to allocate capital to different types of RE technologies.…”

Section: Introductionmentioning

confidence: 99%

“…This positive prospect, however, create a concern to SEDA leading to the announcement of several new plans to address the uneven RE mix [3]. Among the propose plans is to introduce a FiT system for new RE technologies i.e.…”

Section: Re Initiatives In Malaysiamentioning

confidence: 99%

“…Among the propose plans is to introduce a FiT system for new RE technologies i.e. thermal and wind energy which currently undergoing a feasibility study [3].…”

Section: Re Initiatives In Malaysiamentioning

confidence: 99%

“…There has been little consideration being made on what can actually drive private companies and individual to invest in RE technologies. Furthermore, against the positive response of RE investment in Malaysia, the uptake for FiT system has been dominated by solar PV [3]. The uneven RE mix can create an uneven bargaining position for potential power generators [3] as well as cause a premature extinction of technological alternatives with potentially superior performance [4].…”

Section: Introductionmentioning

confidence: 99%

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Renewable Energy Investment in Malaysia: An Integrated Model in Evaluating Public Decision Making Process

Husin¹,

Alrazi²

2017

JOCET

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Abstract-Rapid depletion of fossil fuel reserves as well as climate change has driven the world including Malaysia towards renewable energy (RE) sources which are untapped and environmentally friendly. Through a feed-in-tariff system, Malaysia has set a target of increasing its RE capacity to 11 % of total capacity mix of electricity generation by year 2020. The system is supported with five strategic thrusts (ST) of National RE policy which include providing a conducive business environment for RE (ST2). Despite the existence of ST2, to the knowledge of this research, there has been no effort being made to better understand the variety of decisions taken by Malaysian RE investors to invest in RE. Through a review of RE literature, this study develops an integrated decision making model, to be tested on Malaysian RE investors, by using Theory of Planned Behavior as the underlying framework. The theory is then modified to incorporate previous drivers introduced in previous RE literature that largely based on behavioral finance and institutional theory. Given that RE in Malaysia is currently reported at only at 1 % of total capacity mix as compared to the 11 % target, the model will help Malaysian regulators to better leverage all drivers that stimulate RE investment and design a more conducive business environment for RE.

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What do we know about the employment impacts of climate policies? A review of the ex post literature

Godinho

2022

WIREs Climate Change

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Concern around the employment impacts of climate mitigation policies can be a contentious and politized issue, with potentially limiting implications for climate action. It persists despite a significant ex ante literature that suggests that aggregate effects will most likely be limited and net positive. This review analyses 60 papers assessing the employment impacts of climate policies ex post, in 20 countries and 2 country groups. Eight broad mitigation policies are covered: (1) emissions trading, (2) carbon taxes, (3) feed-in tariffs, renewable energy (4) procurement and ( 5) deployment, (6) green economy/jobs, (7) environmental regulation, and (8) other policies and regulations. The analysis confirms that employment impacts tend to be modest and net positive or neutral, but reveals that distributional outcomes can be uneven, disadvantaging certain groups and at times reinforcing existing inequalities. Additionally, lower quality jobs or weak labor market regulations may decrease the attractiveness of jobs created or increase job transition costs. These findings provide some justification for increased focus on how climate policies can ensure a "just transition of the workforce and the creation of decent work and quality jobs" stipulated in the Paris Agreement, but also suggest that climate action should not be delayed for fear of widespread negative employment impacts. Ex post assessments offer an important lens into the determinants of climate policy employment outcomes and should be advanced and harnessed in support of accelerated and just action. This article is categorized under: Economics of Mitigation > Climate Economics Social Justice and the Politics of Development > Climate and Development K E Y W O R D S climate mitigation, employment impacts, ex-post review 1 | INTRODUCTION Unmitigated climate change will have severe, negative impacts across all spheres of human existence, including employment and livelihoods (IPCC, 2022). In a best-case scenario where mitigation efforts are accelerated in pursuit of

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Progress of feed-in tariff in Malaysia: A year after

Cited by 39 publications

References 11 publications

The Optimal Generation Cost-Based Tariff Rates for Onshore Wind Energy in Malaysia

The Optimal Generation Cost-Based Tariff Rates for Onshore Wind Energy in Malaysia

Renewable Energy Investment in Malaysia: An Integrated Model in Evaluating Public Decision Making Process

What do we know about the employment impacts of climate policies? A review of the ex post literature

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