Progress of feed-in tariff in Malaysia: a year after.
Muhammad-Sukki, Firdaus; Abu-Bakar, Siti Hawa; Munir, Abu Bakar; Yasin, Siti Hajar Mohd; Ramirez-Iniguez, Roberto; McMeekin, Scott G; Stewart, Brian G; Rahim, Ruzairi Abdul
Siti Hawa Abu-Bakar
Abu Bakar Munir
Siti Hajar Mohd Yasin
Scott G McMeekin
Brian G Stewart
Ruzairi Abdul Rahim
Malaysia enacted the Renewable Energy Act in April 2011. One of its important components is the feed-in tariff (FiT) scheme, launched in December 2011. The scheme is managed and administered by the Sustainable Energy Development Authority (SEDA) of Malaysia. This paper analyses the impact of the FiT mechanism in Malaysia a year after its implementation; particularly on the installation and economical aspects. First, the history of the scheme is presented before summarising the application process for the scheme. Next, a detailed evaluation on the implication of the scheme is discussed. Some of the key findings from the analysis include: (i) the uptake for renewable energy installations has been extremely high, particularly for solar photovoltaic installation; (ii) the foreign and domestic direct investment related to renewable sectors have increased significantly; (iii) more 'green' jobs have been created, particularly in the manufacturing and installation sectors, and (iv) there are plans to include wind and thermal energy in the FiT scheme. It can be concluded that the FiT scheme in Malaysia has produced significant impact during the first year of its implementation. With a proper monitoring by SEDA and more awareness among the people, renewable energy will most likely flourish in Malaysia.
|Journal Article Type||Article|
|Publication Date||Apr 1, 2014|
|Peer Reviewed||Peer Reviewed|
|Institution Citation||MUHAMMAD-SUKKI, F., ABU-BAKAR, S.H., MUNIR, A.B., YASIN, S.H.M., RAMIREZ-INIGUEZ, R., MCMEEKIN, S.G., STEWART, B.G. and RAHIM, R.A. 2013. Progress of feed-in tariff in Malaysia: a year after. Energy policy [online], 67, pages 618-625. Available from: https://doi.org/10.1016/j.enpol.2013.12.044|
|Keywords||Feed in tariff; Renewable energy; Solar photovoltaic|
MUHAMMAD-SUKKI 2013 Progress of feed-in tariff