A bilateral based electricity market design for Malaysia electricity supply industry Kok Ping Teo
The purpose of this project is to study and design a bilateral market model for Malaysia Electricity Supply Industry (MESI). Current MESI is adopting Single Buyer Model, which produces no competition either on generation and demand side. Tenaga Nasional Berhad (TNB) is the only one company that b...
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| Main Author: | |
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| Format: | Thesis |
| Language: | English |
| Published: |
2008
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| Subjects: | |
| Online Access: | http://eprints.utm.my/id/eprint/17974/1/TeoKokPingMFKE2008.pdf http://eprints.utm.my/id/eprint/17974/ http://dms.library.utm.my:8080/vital/access/manager/Repository/vital:83000?queryType=vitalDismax&query=A+bilateral+based+electricity+market+design+for+Malaysia+electricity+supply+industry+Kok+Ping+Teo&public=true |
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| Summary: | The purpose of this project is to study and design a bilateral market model for
Malaysia Electricity Supply Industry (MESI). Current MESI is adopting Single
Buyer Model, which produces no competition either on generation and demand side.
Tenaga Nasional Berhad (TNB) is the only one company that buying and selling
energy to all relevant parties. On the other hand, the tariff is determined by the
government, in other words, customer cannot do anything to the energy tariff. A
bilateral market model bring the energy trading to more open and competitive
environment, TNB will no longer monopolising the market, where as the parties
involving selling and buying energy freely negotiate among themselves based on
their demand and needed. It will be forming an electricity wholesale market. Due to
the market forces, expected resulting in reduction of cost of wholesale electricity,
further to reduce retail energy prices, and benefit to the end user of the reduction of
the tariff. A few assumption cases study will be made to simulate the bilateral trading
process. The case study for Single Buyer Model (SBM) to be included capacity
payment, and assumed that there is no competition among generators. The generators
will be only involving Independent Power Producers (IPPs) in Malaysia. On the
other hand, a few cases will be studied under bilateral model, stimulate competition
among generators will be the essential, and how to make a fair competition
environment will also be taken into account. Both results of SBM and bilateral model
were compared and discussed. This project has demonstrated the potential of
replacing Malaysia’s Single Buyer Model to bilateral market model, towards an open
and competitive electricity trading market. |
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