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Sustainable resource availability by optimizing economic and environmental factors in Malaysia’s power generation mix

Population growth and economic development contribute to the rise in the demand for electricity. To meet the demand, electricity generation has been relying on fossil fuels. This practice has three major drawbacks: inevitable resource depletion, environmental concerns, and supply risk. Renewable fue...

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Main Author: Muhammad Mutasim Billah, Tufail
Format: Thesis
Language:English
English
English
Published: 2018
Subjects:
T Technology (General)
Online Access:https://etd.uum.edu.my/9467/1/s900554_01.pdf
https://etd.uum.edu.my/9467/2/s900554_02.pdf
https://etd.uum.edu.my/9467/3/s900554_references.docx
https://etd.uum.edu.my/9467/
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spelling my.uum.etd.94672022-06-07T01:09:04Z https://etd.uum.edu.my/9467/ Sustainable resource availability by optimizing economic and environmental factors in Malaysia’s power generation mix Muhammad Mutasim Billah, Tufail T Technology (General) Population growth and economic development contribute to the rise in the demand for electricity. To meet the demand, electricity generation has been relying on fossil fuels. This practice has three major drawbacks: inevitable resource depletion, environmental concerns, and supply risk. Renewable fuels are touted to be the future of sustainable power generation. However, there is a need to assess and optimize the use of the available resource in an effective and efficient manner. In order to accomplish the desired objectives, this study adopted the multi-perspective approach for efficient utilization of resources, both in terms of cost and diversification, and also aimed to propose the optimum combination of technologies for electricity generation in Malaysia. In this regard, first, the potential of the resources was identified from the Malaysian prospective compliance with the five fuel energy action plan 2020. All the five fuels were examined in terms of economic, environmental and security parameters, and evaluated in the terms of cost to measure the total exposure in monetary units. For the economic analysis, the LCOE cost quantification method was used. Similarly for the restriction of carbon emission, a carbon-tax policy was proposed and a novel technique was designed for the quantification of excessive cost of security in the electricity generation industry. This study applied the simulation mathematical modelling and the graphical evaluation approach to optimize the power generation mix in terms of cost and diversity index. Hence, this study will assist the policy-makers in making efficient long-term policies considering the impact of various factors on total generation cost while adopting the concept of diversification for an efficient and uninterrupted power generation process. 2018 Thesis NonPeerReviewed text en https://etd.uum.edu.my/9467/1/s900554_01.pdf text en https://etd.uum.edu.my/9467/2/s900554_02.pdf text en https://etd.uum.edu.my/9467/3/s900554_references.docx Muhammad Mutasim Billah, Tufail (2018) Sustainable resource availability by optimizing economic and environmental factors in Malaysia’s power generation mix. Doctoral thesis, Universiti Utara Malaysia.
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Electronic Theses
url_provider http://etd.uum.edu.my/
language English
English
English
topic T Technology (General)
spellingShingle T Technology (General)
Muhammad Mutasim Billah, Tufail
Sustainable resource availability by optimizing economic and environmental factors in Malaysia’s power generation mix
description Population growth and economic development contribute to the rise in the demand for electricity. To meet the demand, electricity generation has been relying on fossil fuels. This practice has three major drawbacks: inevitable resource depletion, environmental concerns, and supply risk. Renewable fuels are touted to be the future of sustainable power generation. However, there is a need to assess and optimize the use of the available resource in an effective and efficient manner. In order to accomplish the desired objectives, this study adopted the multi-perspective approach for efficient utilization of resources, both in terms of cost and diversification, and also aimed to propose the optimum combination of technologies for electricity generation in Malaysia. In this regard, first, the potential of the resources was identified from the Malaysian prospective compliance with the five fuel energy action plan 2020. All the five fuels were examined in terms of economic, environmental and security parameters, and evaluated in the terms of cost to measure the total exposure in monetary units. For the economic analysis, the LCOE cost quantification method was used. Similarly for the restriction of carbon emission, a carbon-tax policy was proposed and a novel technique was designed for the quantification of excessive cost of security in the electricity generation industry. This study applied the simulation mathematical modelling and the graphical evaluation approach to optimize the power generation mix in terms of cost and diversity index. Hence, this study will assist the policy-makers in making efficient long-term policies considering the impact of various factors on total generation cost while adopting the concept of diversification for an efficient and uninterrupted power generation process.
format Thesis
author Muhammad Mutasim Billah, Tufail
author_facet Muhammad Mutasim Billah, Tufail
author_sort Muhammad Mutasim Billah, Tufail
title Sustainable resource availability by optimizing economic and environmental factors in Malaysia’s power generation mix
title_short Sustainable resource availability by optimizing economic and environmental factors in Malaysia’s power generation mix
title_full Sustainable resource availability by optimizing economic and environmental factors in Malaysia’s power generation mix
title_fullStr Sustainable resource availability by optimizing economic and environmental factors in Malaysia’s power generation mix
title_full_unstemmed Sustainable resource availability by optimizing economic and environmental factors in Malaysia’s power generation mix
title_sort sustainable resource availability by optimizing economic and environmental factors in malaysia’s power generation mix
publishDate 2018
url https://etd.uum.edu.my/9467/1/s900554_01.pdf
https://etd.uum.edu.my/9467/2/s900554_02.pdf
https://etd.uum.edu.my/9467/3/s900554_references.docx
https://etd.uum.edu.my/9467/
_version_ 1735388998089572352
score 13.211869

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