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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: Teo, Kok Ping
Format: Thesis
Language:English
Published: 2008
Subjects:
TK Electrical engineering. Electronics Nuclear engineering
Online Access:http://eprints.utm.my/id/eprint/17974/1/TeoKokPingMFKE2008.pdf
http://eprints.utm.my/id/eprint/17974/
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spelling my.utm.179742018-07-25T08:01:18Z http://eprints.utm.my/id/eprint/17974/ A bilateral based electricity market design for Malaysia electricity supply industry Kok Ping Teo Teo, Kok Ping TK Electrical engineering. Electronics Nuclear engineering 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. 2008 Thesis NonPeerReviewed application/pdf en http://eprints.utm.my/id/eprint/17974/1/TeoKokPingMFKE2008.pdf Teo, Kok Ping (2008) A bilateral based electricity market design for Malaysia electricity supply industry Kok Ping Teo. Masters thesis, Universiti Teknologi Malaysia, Faculty of Electrical Engineering. 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
institution Universiti Teknologi Malaysia
building UTM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Malaysia
content_source UTM Institutional Repository
url_provider http://eprints.utm.my/
language English
topic TK Electrical engineering. Electronics Nuclear engineering
spellingShingle TK Electrical engineering. Electronics Nuclear engineering
Teo, Kok Ping
A bilateral based electricity market design for Malaysia electricity supply industry Kok Ping Teo
description 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.
format Thesis
author Teo, Kok Ping
author_facet Teo, Kok Ping
author_sort Teo, Kok Ping
title A bilateral based electricity market design for Malaysia electricity supply industry Kok Ping Teo
title_short A bilateral based electricity market design for Malaysia electricity supply industry Kok Ping Teo
title_full A bilateral based electricity market design for Malaysia electricity supply industry Kok Ping Teo
title_fullStr A bilateral based electricity market design for Malaysia electricity supply industry Kok Ping Teo
title_full_unstemmed A bilateral based electricity market design for Malaysia electricity supply industry Kok Ping Teo
title_sort bilateral based electricity market design for malaysia electricity supply industry kok ping teo
publishDate 2008
url 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
_version_ 1643646762501537792
score 13.211869

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