Introductory of renewable energy sources in ASEAN countries and Green-Y model for predicting fit-in tariff in Malaysia.

Goh , Hui Hwang and Goh , Kai Chen and Wan Sukri, Wan Nur Zatil Shahida and Chua, Qing Shi and Lim, Jia Ji (2016) Introductory of renewable energy sources in ASEAN countries and Green-Y model for predicting fit-in tariff in Malaysia. In: Fifth International Scientific Conference on Project Management in the Baltic Countries, 14-15 April 2016, Riga, University of Latvia.

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Abstract

ASEAN is enriched with renewable energy sources (RES) and this is the major advantage as compare to other countries. However, the endowed RES are not being fully utilized because they are mainly relied on non-renewable energy sources (NRES) such as fossil and coal. Even though the cost of acquiring NRES is low nowadays, but the cost will be hiked sooner or later when the currently available NRES are running out. The awareness towards the implementation of the RES has been taken into consideration by the ASEAN due to the conveniences. The principal aim of this paper is to provide an insight to the ASEAN countries in preparing themselves towards the adapting of renewable energy and guidelines for the policies for RES. The developed Green-Y model is used to advice the ASEAN governments to evaluate and predict the economic concept included a feed-in tariff. Forecasted photovoltaic cost analysis results in Malaysia show the increasing of feed-in tariff for every year.

Item Type:Conference or Workshop Item (Paper)
Uncontrolled Keywords:ASEAN RES; photovoltaic cost analysis; renewable energy; RES policies; RES potential
Subjects:T Technology > TJ Mechanical engineering and machinery > TJ807-830 Renewable energy sources
Divisions:Faculty of Electrical and Electronic Engineering > Department of Electrical Power Engineering
ID Code:8500
Deposited By:Mr. Mohammad Shaifulrip Ithnin
Deposited On:05 Jun 2017 08:48
Last Modified:05 Jun 2017 08:48

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