AN INVESTIGATION OF THE RESEARCH AND DEVELOPMENT PROCESS OF MALAYSIA'S RENEWABLE ENERGY SECTOR.

Abstract

In order to explore energy security challenges, Malaysia is being used as an example. This is due to the fact that Malaysia's fossil fuel reserves are decreasing and Peninsular Malaysia is expanding its residential energy use. The year 2014 saw Malaysia occupy the third spot among Southeast Asian countries in terms of the amount of carbon dioxide emissions it produced. In accordance with these two tenets, this thesis investigates the prospect of reducing the reliance on fossil fuels by 73.8% simply by supplying the homes and places of business with energy that is derived from renewable sources such as hydro, wind, biomass, and solar. As part of an attempt to satisfy the growing demand in peninsular Malaysia, this research analysed the benefits and drawbacks of solar power in comparison to other forms of renewable energy and fossil fuels. The countries have agreed that one of their primary objectives is to enhance the state of the environment and reduce the possibility of experiencing energy shortages. Two portions of the case study were conducted, one of which focused on the year 2030 and the other on the year 2040. Both halves explored a variety of different combinations of hybrid power producing systems and renewable energy systems. The acronym HOMER, which stands for Hybrid Optimisation of Simulated Using Multiple Energy Resources, was used by both parties in order to signify the several scenarios present. The demand was forecasted by the model for the subsequent twenty years by using information from the Malaysia Energy Information Handbook (MEIH) and growth characteristics that are accessible to the general public via the Malaysian Energy Commission. Reputable organisations such as the EIA and IRENA have proposed the use of renewable energy sources and the costs that are linked with them.