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An analysis of renewable energy technology integration investments in Malaysia using HOMER Pro

Renewable energy systems are technologies that can generate electricity from solar, wind, hydroelectric, biomass, and other renewable energy resources. This research project aims to find the best renewable energy technology combinations for several scenarios in Malaysia. The strategies are analysed...

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Main Authors: Muhammad Aqil Afham Rahmat, Ag Sufiyan Abd Hamid, Yuanshen Lu, Muhammad Amir Aziat Ishak, Shaikh Zishan Suheel, Ahmad Fazlizan, Adnan Ibrahim
Format: Article
Language:English
English
Published: MDPI 2022
Subjects:
Q1-390 Science (General)
QB500.5-785 Solar system
Online Access:https://eprints.ums.edu.my/id/eprint/42291/1/ABSTRACT.pdf
https://eprints.ums.edu.my/id/eprint/42291/2/FULL%20TEXT.pdf
https://eprints.ums.edu.my/id/eprint/42291/
https://doi.org/10.3390/su142013684
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spelling my.ums.eprints.422912024-12-16T03:29:46Z https://eprints.ums.edu.my/id/eprint/42291/ An analysis of renewable energy technology integration investments in Malaysia using HOMER Pro Muhammad Aqil Afham Rahmat Ag Sufiyan Abd Hamid Yuanshen Lu Muhammad Amir Aziat Ishak Shaikh Zishan Suheel Ahmad Fazlizan Adnan Ibrahim Q1-390 Science (General) QB500.5-785 Solar system Renewable energy systems are technologies that can generate electricity from solar, wind, hydroelectric, biomass, and other renewable energy resources. This research project aims to find the best renewable energy technology combinations for several scenarios in Malaysia. The strategies are analysed by evaluating the investments in the renewable energy systems in each of the decided scenarios in Malaysia, Pekan, Pahang and Mersing, Johor, using HOMER Pro software. The finding shows that the PV–wind hybrid system has a better net present cost (NPC) than the other systems for both scenarios, which are USD −299,762.16 for Scenario 1 and USD −642,247.46 for Scenario 2. The PV–wind hybrid system has 4.86-year and 2.98-year payback periods in Scenarios 1 and 2. A combination of RE technologies yielded fewer emissions than one kind alone. The PV–wind hybrid system provides a quicker payback period, higher money savings, and reduced pollutants. The sensitivity results show that resource availability and capital cost impact NPC and system emissions. This finding reveals that integrated solar and wind technologies can improve the economic performance (e.g., NPC, payback period, present worth) and environmental performance (e.g., carbon dioxide emissions) of a renewable energy system. MDPI 2022 Article NonPeerReviewed text en https://eprints.ums.edu.my/id/eprint/42291/1/ABSTRACT.pdf text en https://eprints.ums.edu.my/id/eprint/42291/2/FULL%20TEXT.pdf Muhammad Aqil Afham Rahmat and Ag Sufiyan Abd Hamid and Yuanshen Lu and Muhammad Amir Aziat Ishak and Shaikh Zishan Suheel and Ahmad Fazlizan and Adnan Ibrahim (2022) An analysis of renewable energy technology integration investments in Malaysia using HOMER Pro. Sustainability, 14. pp. 1-24. https://doi.org/10.3390/su142013684
institution Universiti Malaysia Sabah
building UMS Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Sabah
content_source UMS Institutional Repository
url_provider http://eprints.ums.edu.my/
language English
English
topic Q1-390 Science (General)
QB500.5-785 Solar system
spellingShingle Q1-390 Science (General)
QB500.5-785 Solar system
Muhammad Aqil Afham Rahmat
Ag Sufiyan Abd Hamid
Yuanshen Lu
Muhammad Amir Aziat Ishak
Shaikh Zishan Suheel
Ahmad Fazlizan
Adnan Ibrahim
An analysis of renewable energy technology integration investments in Malaysia using HOMER Pro
description Renewable energy systems are technologies that can generate electricity from solar, wind, hydroelectric, biomass, and other renewable energy resources. This research project aims to find the best renewable energy technology combinations for several scenarios in Malaysia. The strategies are analysed by evaluating the investments in the renewable energy systems in each of the decided scenarios in Malaysia, Pekan, Pahang and Mersing, Johor, using HOMER Pro software. The finding shows that the PV–wind hybrid system has a better net present cost (NPC) than the other systems for both scenarios, which are USD −299,762.16 for Scenario 1 and USD −642,247.46 for Scenario 2. The PV–wind hybrid system has 4.86-year and 2.98-year payback periods in Scenarios 1 and 2. A combination of RE technologies yielded fewer emissions than one kind alone. The PV–wind hybrid system provides a quicker payback period, higher money savings, and reduced pollutants. The sensitivity results show that resource availability and capital cost impact NPC and system emissions. This finding reveals that integrated solar and wind technologies can improve the economic performance (e.g., NPC, payback period, present worth) and environmental performance (e.g., carbon dioxide emissions) of a renewable energy system.
format Article
author Muhammad Aqil Afham Rahmat
Ag Sufiyan Abd Hamid
Yuanshen Lu
Muhammad Amir Aziat Ishak
Shaikh Zishan Suheel
Ahmad Fazlizan
Adnan Ibrahim
author_facet Muhammad Aqil Afham Rahmat
Ag Sufiyan Abd Hamid
Yuanshen Lu
Muhammad Amir Aziat Ishak
Shaikh Zishan Suheel
Ahmad Fazlizan
Adnan Ibrahim
author_sort Muhammad Aqil Afham Rahmat
title An analysis of renewable energy technology integration investments in Malaysia using HOMER Pro
title_short An analysis of renewable energy technology integration investments in Malaysia using HOMER Pro
title_full An analysis of renewable energy technology integration investments in Malaysia using HOMER Pro
title_fullStr An analysis of renewable energy technology integration investments in Malaysia using HOMER Pro
title_full_unstemmed An analysis of renewable energy technology integration investments in Malaysia using HOMER Pro
title_sort analysis of renewable energy technology integration investments in malaysia using homer pro
publisher MDPI
publishDate 2022
url https://eprints.ums.edu.my/id/eprint/42291/1/ABSTRACT.pdf
https://eprints.ums.edu.my/id/eprint/42291/2/FULL%20TEXT.pdf
https://eprints.ums.edu.my/id/eprint/42291/
https://doi.org/10.3390/su142013684
_version_ 1818835202151022592
score 13.222552

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