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Energy Sustainability through Generation Scheduling

Author

Listed:
  • Tan Woan Wen

    (Faculty of Engineering, Multimedia University, 63100 Cyberjaya, de Selangor, Malaysia.)

  • C. Palanichamy

    (Faculty of Engineering, Multimedia University, 63100 Cyberjaya, de Selangor, Malaysia.)

  • Gobbi Ramasamy

    (Faculty of Engineering, Multimedia University, 63100 Cyberjaya, de Selangor, Malaysia.)

Abstract

In a modest electrical energy sector, an economical unit cost of electricity generation is inevitable. For tropical countries like Malaysia, apart from attractive energy cost, the environmental issues due to electricity sector also play a significant role because of its tropical nature. The energy cost and its related environmental concerns are of the momentous issues of the Malaysian Government. So as to resolve the concerned issues, this research presents a direct generation scheduling strategy to match demand against power generation, to augment opportunity for energy sustainability, and to offer an attractive unit electric energy cost. Besides, the same strategy aims at minimizing emissions due to thermal power plants through generation scheduling and incorporation of renewable energy systems.

Suggested Citation

  • Tan Woan Wen & C. Palanichamy & Gobbi Ramasamy, 2020. "Energy Sustainability through Generation Scheduling," International Journal of Energy Economics and Policy, Econjournals, vol. 10(3), pages 147-157.
  • Handle: RePEc:eco:journ2:2020-03-18
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    Citations

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    Cited by:

    1. Yan Wu & Cong Hu & Xunpeng Shi, 2021. "Heterogeneous Effects of the Belt and Road Initiative on Energy Efficiency in Participating Countries," Energies, MDPI, vol. 14(18), pages 1-21, September.

    More about this item

    Keywords

    Generation scheduling; energy cost; environmental concerns; thermal and renewable energy systems.;
    All these keywords.

    JEL classification:

    • Q21 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Demand and Supply; Prices
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation

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