Exploring the bilateral and hybrid model in deregulated electricity market

This thesis is reviewing all the outcomes towards the entire work that has been done for this Master‟s Project which is entitled „Exploring the Bilateral and Hybrid Model for Deregulated market‟. The outcome is about the background of the restructuring of Electricity Supply Industry (ESI) espe...

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Main Author:	Mohd Yassin, Zaris Izzati
Format:	Thesis
Language:	English English English
Published:	2014
Subjects:	TK Electrical engineering Electronics Nuclear engineering
Online Access:	http://eprints.uthm.edu.my/1710/1/24p%20ZARIS%20IZZATI%20MOHD%20YASSIN.pdf http://eprints.uthm.edu.my/1710/2/ZARIS%20IZZATI%20MOHD%20YASSIN%20COPYRIGHT%20DECLARATION.pdf http://eprints.uthm.edu.my/1710/3/ZARIS%20IZZATI%20MOHD%20YASSIN%20WATERMARK.pdf
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id	my-uthm-ep.1710
record_format	uketd_dc
spelling	my-uthm-ep.17102021-10-04T08:45:52Z Exploring the bilateral and hybrid model in deregulated electricity market 2014-07 Mohd Yassin, Zaris Izzati TK Electrical engineering. Electronics Nuclear engineering TK1001-1841 Production of electric energy or power. Powerplants. Central stations This thesis is reviewing all the outcomes towards the entire work that has been done for this Master‟s Project which is entitled „Exploring the Bilateral and Hybrid Model for Deregulated market‟. The outcome is about the background of the restructuring of Electricity Supply Industry (ESI) especially for Malaysia Electricity Supply Industry (MESI). Before the restructuring of the MESI, Tenaga Nasional Berhad, (TNB) was monopolized electricity market from generation, transmission, and distribution sector. It comes to the end when Independent Power Producer, (IPP) introduced by the Malaysian Government with the aim to avoid shortage and facilitate competitions among generators and the first IPP in Malaysia is YTL Corporation Sdn. Bhd. In 2001, the first of restructuring model was introduced is the Single Buyer Model and TNB is expected to be the single buyer in this model. From the literature review which has displayed the weakness of this model, this Master Project thus has proposed two other models in deregulated electricity market that can be applied for MESI which are the Bilateral Market Model and Hybrid Market Model in order to carry on the MESI previous plan towards restructuring. In this project, the proposed models are designed to carry out the power generation revenue for selected Independent Power Producers (IPPs) in Malaysia in order to accommodate a fair competitive trading between power producers and produce win-win situation to all involved market participants. The analysis from the results obtained in the proposed model illustrates guaranteed incomes for all selected IPPs, the pattern of the profits for each IPP and the factors that determines those incomes and profits. The obtained results also bring out the advantages and disadvantages from these market models to all involved parties including IPP, utility company which is TNB, government and the end users. 2014-07 Thesis http://eprints.uthm.edu.my/1710/ http://eprints.uthm.edu.my/1710/1/24p%20ZARIS%20IZZATI%20MOHD%20YASSIN.pdf text en public http://eprints.uthm.edu.my/1710/2/ZARIS%20IZZATI%20MOHD%20YASSIN%20COPYRIGHT%20DECLARATION.pdf text en staffonly http://eprints.uthm.edu.my/1710/3/ZARIS%20IZZATI%20MOHD%20YASSIN%20WATERMARK.pdf text en validuser mphil masters Universiti Tun Hussein Onn Malaysia Fakulti Kejuruteraan Elektrik dan Elektronik
institution	Universiti Tun Hussein Onn Malaysia
collection	UTHM Institutional Repository
language	English English English
topic	TK Electrical engineering Electronics Nuclear engineering TK Electrical engineering Electronics Nuclear engineering
spellingShingle	TK Electrical engineering Electronics Nuclear engineering TK Electrical engineering Electronics Nuclear engineering Mohd Yassin, Zaris Izzati Exploring the bilateral and hybrid model in deregulated electricity market
description	This thesis is reviewing all the outcomes towards the entire work that has been done for this Master‟s Project which is entitled „Exploring the Bilateral and Hybrid Model for Deregulated market‟. The outcome is about the background of the restructuring of Electricity Supply Industry (ESI) especially for Malaysia Electricity Supply Industry (MESI). Before the restructuring of the MESI, Tenaga Nasional Berhad, (TNB) was monopolized electricity market from generation, transmission, and distribution sector. It comes to the end when Independent Power Producer, (IPP) introduced by the Malaysian Government with the aim to avoid shortage and facilitate competitions among generators and the first IPP in Malaysia is YTL Corporation Sdn. Bhd. In 2001, the first of restructuring model was introduced is the Single Buyer Model and TNB is expected to be the single buyer in this model. From the literature review which has displayed the weakness of this model, this Master Project thus has proposed two other models in deregulated electricity market that can be applied for MESI which are the Bilateral Market Model and Hybrid Market Model in order to carry on the MESI previous plan towards restructuring. In this project, the proposed models are designed to carry out the power generation revenue for selected Independent Power Producers (IPPs) in Malaysia in order to accommodate a fair competitive trading between power producers and produce win-win situation to all involved market participants. The analysis from the results obtained in the proposed model illustrates guaranteed incomes for all selected IPPs, the pattern of the profits for each IPP and the factors that determines those incomes and profits. The obtained results also bring out the advantages and disadvantages from these market models to all involved parties including IPP, utility company which is TNB, government and the end users.
format	Thesis
qualification_name	Master of Philosophy (M.Phil.)
qualification_level	Master's degree
author	Mohd Yassin, Zaris Izzati
author_facet	Mohd Yassin, Zaris Izzati
author_sort	Mohd Yassin, Zaris Izzati
title	Exploring the bilateral and hybrid model in deregulated electricity market
title_short	Exploring the bilateral and hybrid model in deregulated electricity market
title_full	Exploring the bilateral and hybrid model in deregulated electricity market
title_fullStr	Exploring the bilateral and hybrid model in deregulated electricity market
title_full_unstemmed	Exploring the bilateral and hybrid model in deregulated electricity market
title_sort	exploring the bilateral and hybrid model in deregulated electricity market
granting_institution	Universiti Tun Hussein Onn Malaysia
granting_department	Fakulti Kejuruteraan Elektrik dan Elektronik
publishDate	2014
url	http://eprints.uthm.edu.my/1710/1/24p%20ZARIS%20IZZATI%20MOHD%20YASSIN.pdf http://eprints.uthm.edu.my/1710/2/ZARIS%20IZZATI%20MOHD%20YASSIN%20COPYRIGHT%20DECLARATION.pdf http://eprints.uthm.edu.my/1710/3/ZARIS%20IZZATI%20MOHD%20YASSIN%20WATERMARK.pdf
_version_	1747830852566384640

Exploring the bilateral and hybrid model in deregulated electricity market

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