A bilateral based electricity market design for Malaysia electricity supply industry

The purpose of this project is to study and design a bilateral market model for Malaysia Electricity Supply Industry (MESI). Current MESI is adopting Single Buyer Model, which produces no competition either on generation and demand side. Tenaga Nasional Berhad (TNB) is the only one company that buyi...

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Main Author:	Teo, Kok Ping
Format:	Thesis
Language:	English
Published:	2008
Subjects:	TK Electrical engineering Electronics Nuclear engineering
Online Access:	http://eprints.utm.my/id/eprint/78049/1/TeoKokPingMFKE20081.pdf
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id	my-utm-ep.78049
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spelling	my-utm-ep.780492018-07-23T05:33:16Z A bilateral based electricity market design for Malaysia electricity supply industry 2008-11 Teo, Kok Ping TK Electrical engineering. Electronics Nuclear engineering The purpose of this project is to study and design a bilateral market model for Malaysia Electricity Supply Industry (MESI). Current MESI is adopting Single Buyer Model, which produces no competition either on generation and demand side. Tenaga Nasional Berhad (TNB) is the only one company that buying and selling energy to all relevant parties. On the other hand, the tariff is determined by the government, in other words, customer cannot do anything to the energy tariff. A bilateral market model bring the energy trading to more open and competitive environment, TNB will no longer monopolising the market, where as the parties involving selling and buying energy freely negotiate among themselves based on their demand and needed. It will be forming an electricity wholesale market. Due to the market forces, expected resulting in reduction of cost of wholesale electricity, further to reduce retail energy prices, and benefit to the end user of the reduction of the tariff. A few assumption cases study will be made to simulate the bilateral trading process. The case study for Single Buyer Model (SBM) to be included capacity payment, and assumed that there is no competition among generators. The generators will be only involving Independent Power Producers (IPPs) in Malaysia. On the other hand, a few cases will be studied under bilateral model, stimulate competition among generators will be the essential, and how to make a fair competition environment will also be taken into account. Both results of SBM and bilateral model were compared and discussed. This project has demonstrated the potential of replacing Malaysia’s Single Buyer Model to bilateral market model, towards an open and competitive electricity trading market. 2008-11 Thesis http://eprints.utm.my/id/eprint/78049/ http://eprints.utm.my/id/eprint/78049/1/TeoKokPingMFKE20081.pdf application/pdf en public http://dms.library.utm.my:8080/vital/access/manager/Repository/vital:83000 masters Universiti Teknologi Malaysia, Faculty of Electrical Engineering Faculty of Electrical Engineering
institution	Universiti Teknologi Malaysia
collection	UTM Institutional Repository
language	English
topic	TK Electrical engineering Electronics Nuclear engineering
spellingShingle	TK Electrical engineering Electronics Nuclear engineering Teo, Kok Ping A bilateral based electricity market design for Malaysia electricity supply industry
description	The purpose of this project is to study and design a bilateral market model for Malaysia Electricity Supply Industry (MESI). Current MESI is adopting Single Buyer Model, which produces no competition either on generation and demand side. Tenaga Nasional Berhad (TNB) is the only one company that buying and selling energy to all relevant parties. On the other hand, the tariff is determined by the government, in other words, customer cannot do anything to the energy tariff. A bilateral market model bring the energy trading to more open and competitive environment, TNB will no longer monopolising the market, where as the parties involving selling and buying energy freely negotiate among themselves based on their demand and needed. It will be forming an electricity wholesale market. Due to the market forces, expected resulting in reduction of cost of wholesale electricity, further to reduce retail energy prices, and benefit to the end user of the reduction of the tariff. A few assumption cases study will be made to simulate the bilateral trading process. The case study for Single Buyer Model (SBM) to be included capacity payment, and assumed that there is no competition among generators. The generators will be only involving Independent Power Producers (IPPs) in Malaysia. On the other hand, a few cases will be studied under bilateral model, stimulate competition among generators will be the essential, and how to make a fair competition environment will also be taken into account. Both results of SBM and bilateral model were compared and discussed. This project has demonstrated the potential of replacing Malaysia’s Single Buyer Model to bilateral market model, towards an open and competitive electricity trading market.
format	Thesis
qualification_level	Master's degree
author	Teo, Kok Ping
author_facet	Teo, Kok Ping
author_sort	Teo, Kok Ping
title	A bilateral based electricity market design for Malaysia electricity supply industry
title_short	A bilateral based electricity market design for Malaysia electricity supply industry
title_full	A bilateral based electricity market design for Malaysia electricity supply industry
title_fullStr	A bilateral based electricity market design for Malaysia electricity supply industry
title_full_unstemmed	A bilateral based electricity market design for Malaysia electricity supply industry
title_sort	bilateral based electricity market design for malaysia electricity supply industry
granting_institution	Universiti Teknologi Malaysia, Faculty of Electrical Engineering
granting_department	Faculty of Electrical Engineering
publishDate	2008
url	http://eprints.utm.my/id/eprint/78049/1/TeoKokPingMFKE20081.pdf
_version_	1747817894528417792

A bilateral based electricity market design for Malaysia electricity supply industry

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