System Dynamics of a Marine Renewable Energy Scheme (MRE) for Malaysia

Abstract

MRE provides great potential for Malaysia, an emerging economy, to diversify its primary energy mix and ensuring the security of its energy supply. In this paper, the state-of-the-art of each MRE type is studied alongside hydrographical and geographical conditions of Malaysian waters. It is based upon this knowledge that an MRE scheme is proposed for Malaysia. However, introducing a complex MRE system into Malaysia’s energy pool requires in-depth understanding of key governing factors and the dynamic behaviours of its implementation using a systemic approach. Results from system dynamics modelling have identified key-enablers to fast-track the implementation of MRE in Malaysia.

Gasoline Policy Simulation to Increase Responsiveness Using System Dynamics: A Case Study of Indonesia’s Gasoline Downstream Supply Chain

“…The energy sector has also extensively adopted the system dynamics method. For instance, Mendoza et al (2014) simulated production planning optimization, Tan et al (2014) developed the latest energy model of Malaysia, and Rendon-Sagardi et al (2014) analyzed the feasibility of the ethanol supply chain for biofuel production in Mexico. Additionally, Shafiei et al (2016) examined strategies for transitioning to biofuel vehicles, and Pan et al (2017) investigated how the petroleum industry supply chain responds to disruptions in crude oil imports.…”