Energy transition toward a low-carbon economy in Malaysia: do we need a liberalizing electricity market?
Some studies have found that liberalized electricity market led to acceleration of the development of renewable energy sector, particularly with community-based financing for local renewable projects in place. The idea of liberalization of electricity market focuses on the fair competition especial...
| Main Authors: | , , |
|---|---|
| Format: | Book Section |
| Language: | English |
| Published: |
IGI Global
2024
|
| Online Access: | http://psasir.upm.edu.my/id/eprint/116868/ http://psasir.upm.edu.my/id/eprint/116868/1/116868.pdf |
| _version_ | 1848867108149002240 |
|---|---|
| author | Ghazali, Farahdilah Ismon, Nur Yuhanis Abdul Shukor, Siti Fazilah |
| author2 | Abdul Shukor, Siti Fazilah |
| author_facet | Abdul Shukor, Siti Fazilah Ghazali, Farahdilah Ismon, Nur Yuhanis Abdul Shukor, Siti Fazilah |
| author_sort | Ghazali, Farahdilah |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | Some studies have found that liberalized electricity market led to acceleration of the development of
renewable energy sector, particularly with community-based financing for local renewable projects in place. The idea of liberalization of electricity market focuses on the fair competition especially among the key players which subsequently entice more investment on infrastructures and reduce electricity tariff. Energy liberalization has dramatically enhanced monopoly utility governance, competition, innovation prospects, and the policy for environmental emissions management by creating trading mechanisms. This chapter discusses the practices of power liberalization, especially in Europe, regarding the benefits and challenges. Moreover, the chapter examines Malaysian practices in pursuing renewable energy programs to attain sustainability and energy security goals, which is also vital to support a more competitive energy sector. |
| first_indexed | 2025-11-15T14:31:15Z |
| format | Book Section |
| id | upm-116868 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T14:31:15Z |
| publishDate | 2024 |
| publisher | IGI Global |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-1168682025-04-17T01:34:39Z http://psasir.upm.edu.my/id/eprint/116868/ Energy transition toward a low-carbon economy in Malaysia: do we need a liberalizing electricity market? Ghazali, Farahdilah Ismon, Nur Yuhanis Abdul Shukor, Siti Fazilah Some studies have found that liberalized electricity market led to acceleration of the development of renewable energy sector, particularly with community-based financing for local renewable projects in place. The idea of liberalization of electricity market focuses on the fair competition especially among the key players which subsequently entice more investment on infrastructures and reduce electricity tariff. Energy liberalization has dramatically enhanced monopoly utility governance, competition, innovation prospects, and the policy for environmental emissions management by creating trading mechanisms. This chapter discusses the practices of power liberalization, especially in Europe, regarding the benefits and challenges. Moreover, the chapter examines Malaysian practices in pursuing renewable energy programs to attain sustainability and energy security goals, which is also vital to support a more competitive energy sector. IGI Global Abdul Shukor, Siti Fazilah 2024 Book Section PeerReviewed text en http://psasir.upm.edu.my/id/eprint/116868/1/116868.pdf Ghazali, Farahdilah and Ismon, Nur Yuhanis and Abdul Shukor, Siti Fazilah (2024) Energy transition toward a low-carbon economy in Malaysia: do we need a liberalizing electricity market? In: Regulating Fair Competition Toward Sustainable Development Goals. IGI Global, U.S.A, pp. 80-99. ISBN 24756644 https://www.scopus.com/record/display.uri?eid=2-s2.0-85183802012&origin=resultslist&sort=plf-f&src=s&sot=b&sdt=b&s=TITLE-ABS-KEY%28Energy+Transition+Toward+a+Low-Carbon%29&sessionSearchId=dd63ce85f9f1846a8857e1d06fc6ee8a&relpos=1 10.4018/979-8-3693-0390-0.ch004 |
| spellingShingle | Ghazali, Farahdilah Ismon, Nur Yuhanis Abdul Shukor, Siti Fazilah Energy transition toward a low-carbon economy in Malaysia: do we need a liberalizing electricity market? |
| title | Energy transition toward a low-carbon economy in Malaysia: do we need a liberalizing electricity market? |
| title_full | Energy transition toward a low-carbon economy in Malaysia: do we need a liberalizing electricity market? |
| title_fullStr | Energy transition toward a low-carbon economy in Malaysia: do we need a liberalizing electricity market? |
| title_full_unstemmed | Energy transition toward a low-carbon economy in Malaysia: do we need a liberalizing electricity market? |
| title_short | Energy transition toward a low-carbon economy in Malaysia: do we need a liberalizing electricity market? |
| title_sort | energy transition toward a low-carbon economy in malaysia: do we need a liberalizing electricity market? |
| url | http://psasir.upm.edu.my/id/eprint/116868/ http://psasir.upm.edu.my/id/eprint/116868/ http://psasir.upm.edu.my/id/eprint/116868/ http://psasir.upm.edu.my/id/eprint/116868/1/116868.pdf |