AN EXAMINATION OF THE RENEWABLE ENERGY SECTOR IN MALAYSIA: A CASE STUDY ON RESEARCH AND DEVELOPMENT.

Abstract

Due to the increasing demand for energy in the peninsular region and the dwindling supply of fossil fuels in Malaysia, the nation has become a case study in which energy security problems are being addressed. In terms of carbon dioxide emissions, Malaysia ranked third among the nations that are located in Southeast Asia in the year 2014. The purpose of this thesis is to study the possibility of lowering the reliance on fossil fuels by 73.8% via the production of power from renewable sources such as wind, biomass, solar, and hydro. This will be done in accordance with these two tenets. The researcher will analyse solar power in comparison to other options and balance its pros and cons in order to meet the rising demand in peninsular Malaysia. This study will be conducted in order to handle the growing need. Both the reduction of the likelihood of energy shortages and the improvement of environmental conditions are among the most important concerns of the worldwide community. Both the first and second halves of the research project will be separated into two distinct sections: the first section will cover the years 2030, and the second section will cover the years 2040. The objective of this division is to conduct an investigation into the various combinations of hybrid energy generation systems and environmentally friendly technologies. The HOMER algorithm, which stands for Hybrid Optimisation of Simulated Using Multiple Energy Resources, will be used in order to mimic the many scenarios that are included in both parts. A twenty-year demand projection from the Malaysia Electricity Management Handbook (MEIH) and growth indicators from the Malaysian Electricity Council that are accessible to the public were used in the construction of the model and were included into the model. Many prominent agencies, like the EIA and IRENA, have suggested the use of renewable energy sources and the expenses that are connected with them.