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Analysis on single buyer market model and pool market model in deregulated electricity market

Since 2005, Malaysia Electricity Supply Industey (MESI) planned to shift its structure to a wholesale market model. Initially, the government introduced Independent Power Producers (IPPs), and since then, MESI has applied to a single buyer market model that continues till now. However, this model...

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Main Authors: Sahari, Norain, Ngadiron, Zuraidah, Misman, Dalila, Mazri, Aida, Kassim, A.M.
Format: Conference or Workshop Item
Language:English
Published: 2021
Subjects:
T Technology (General)
Online Access:http://eprints.uthm.edu.my/11405/1/P16819_5c2e958408ce626dc2240a83161237b2%209.pdf
http://eprints.uthm.edu.my/11405/
http://10.1063/5.0148547
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spelling my.uthm.eprints.114052024-07-30T03:11:02Z http://eprints.uthm.edu.my/11405/ Analysis on single buyer market model and pool market model in deregulated electricity market Sahari, Norain Ngadiron, Zuraidah Misman, Dalila Mazri, Aida Kassim, A.M. T Technology (General) Since 2005, Malaysia Electricity Supply Industey (MESI) planned to shift its structure to a wholesale market model. Initially, the government introduced Independent Power Producers (IPPs), and since then, MESI has applied to a single buyer market model that continues till now. However, this model approach is lack of competition as it is supposed to. Therefore, this research presents conceptual analysis of a single buyer market model and the pool based market model. The purpose of this research is to address the economic benefits in term of generation revenue and demand payment in MESI. The research analysis consists of two bus test system in MESI involving four generators around Peninsular Malaysia considering existing single buyer model and pool based market model, i.e., pool model and spot market model. The results have shown that the pool market model ensures the intermediate value of total generation revenue and decreased the demand payment as it is proportional to the generation revenue 2021-09-08 Conference or Workshop Item PeerReviewed text en http://eprints.uthm.edu.my/11405/1/P16819_5c2e958408ce626dc2240a83161237b2%209.pdf Sahari, Norain and Ngadiron, Zuraidah and Misman, Dalila and Mazri, Aida and Kassim, A.M. (2021) Analysis on single buyer market model and pool market model in deregulated electricity market. In: AIP Conference Proceedings. http://10.1063/5.0148547
institution Universiti Tun Hussein Onn Malaysia
building UTHM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Tun Hussein Onn Malaysia
content_source UTHM Institutional Repository
url_provider http://eprints.uthm.edu.my/
language English
topic T Technology (General)
spellingShingle T Technology (General)
Sahari, Norain
Ngadiron, Zuraidah
Misman, Dalila
Mazri, Aida
Kassim, A.M.
Analysis on single buyer market model and pool market model in deregulated electricity market
description Since 2005, Malaysia Electricity Supply Industey (MESI) planned to shift its structure to a wholesale market model. Initially, the government introduced Independent Power Producers (IPPs), and since then, MESI has applied to a single buyer market model that continues till now. However, this model approach is lack of competition as it is supposed to. Therefore, this research presents conceptual analysis of a single buyer market model and the pool based market model. The purpose of this research is to address the economic benefits in term of generation revenue and demand payment in MESI. The research analysis consists of two bus test system in MESI involving four generators around Peninsular Malaysia considering existing single buyer model and pool based market model, i.e., pool model and spot market model. The results have shown that the pool market model ensures the intermediate value of total generation revenue and decreased the demand payment as it is proportional to the generation revenue
format Conference or Workshop Item
author Sahari, Norain
Ngadiron, Zuraidah
Misman, Dalila
Mazri, Aida
Kassim, A.M.
author_facet Sahari, Norain
Ngadiron, Zuraidah
Misman, Dalila
Mazri, Aida
Kassim, A.M.
author_sort Sahari, Norain
title Analysis on single buyer market model and pool market model in deregulated electricity market
title_short Analysis on single buyer market model and pool market model in deregulated electricity market
title_full Analysis on single buyer market model and pool market model in deregulated electricity market
title_fullStr Analysis on single buyer market model and pool market model in deregulated electricity market
title_full_unstemmed Analysis on single buyer market model and pool market model in deregulated electricity market
title_sort analysis on single buyer market model and pool market model in deregulated electricity market
publishDate 2021
url http://eprints.uthm.edu.my/11405/1/P16819_5c2e958408ce626dc2240a83161237b2%209.pdf
http://eprints.uthm.edu.my/11405/
http://10.1063/5.0148547
_version_ 1806690922187980800
score 13.211869

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