Designing application of return on investment (ROI) for residential net energy metering scheme using Microsoft Visual Basic

Renewable energy is energy that is generated from natural processes that is continuously replenished. In 2011, the Renewable Energy Act has been authorized by Malaysian Government to encourage generation of energy from renewable resources. In Feed-in-Tariff (FiT) scheme, the energy generation introd...

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Bibliographic Details
Main Authors: Mohammad Radzi, Nur Hanis, Shiro, Syahirah
Other Authors: Mohamad Nor, Ahmad Fateh
Format: Book Section
Language:English
Published: Penerbit UTHM 2020
Subjects:
Online Access:http://eprints.uthm.edu.my/3077/
http://eprints.uthm.edu.my/3077/1/Ch05.pdf
Description
Summary:Renewable energy is energy that is generated from natural processes that is continuously replenished. In 2011, the Renewable Energy Act has been authorized by Malaysian Government to encourage generation of energy from renewable resources. In Feed-in-Tariff (FiT) scheme, the energy generation introduced are from biogas, biomass, small hydropower and solar photovoltaic. However, commencing on 1st November 2016, a 500MW capacity under Net Energy Metering (NEM) scheme is implemented. In NEM scheme, the energy resources involved is solar ..