IDEAS home Printed from https://ideas.repec.org/a/eco/journ2/2020-03-56.html
   My bibliography  Save this article

Developing and Evaluating the Sustainable Energy Security Index and its Performance in Malaysia

Author

Listed:
  • Nora Yusma Mohamed Yusoff

    (College of Energy Economics and Social Sciences, Universiti Tenaga Nasional, Kajang 43300, Selangor, Malaysia.)

  • Hussain Ali Bekhet

    (College of Energy Economics and Social Sciences, Universiti Tenaga Nasional, Kajang 43300, Selangor, Malaysia.)

Abstract

There is an increasing interest in understanding the crucial factors of sustainable development in terms of security of supply, conservation, and environmental impacts. Based on the current energy perspectives, there are serious challenges in achieving energy security and sustainability. Sustainable energy security (SES) must not only consider the security of energy supply-demand in the long-term and short-term, but also emphasise the balance between energy, economy, social, and environmental factors. Based on the five dimensions of energy security (availability, accessibility, affordability, acceptability, and develop-ability), this study aims to develop and evaluate SES index for Malaysia. The weight of energy security indexes was determined using the entropy weight method. Also, the security and rank performance of the five dimensions of energy security and sustainability were calculated using the Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS) method. Then, the five dimensions scores between 2005 and 2016 were measured. The results reveal that the weight of develop-ability and affordability were the most important weights in Malaysia s SES index system. This implied that the energy supply security greatly influenced the SES of Malaysia. In addition, the highest score in develop-ability reflected the sustainable development capacity of the energy system in low carbon, clean, and optimised mode, which plays a crucial role in Malaysia s energy sustainability. The results also reflected the affordability and ability to resist the negative impact of rising energy prices in Malaysia.

Suggested Citation

  • Nora Yusma Mohamed Yusoff & Hussain Ali Bekhet, 2020. "Developing and Evaluating the Sustainable Energy Security Index and its Performance in Malaysia," International Journal of Energy Economics and Policy, Econjournals, vol. 10(3), pages 444-455.
    • Handle: RePEc:eco:journ2:2020-03-56
    as

    Download full text from publisher

    File URL: https://www.econjournals.com/index.php/ijeep/article/download/8912/5046
    Download Restriction: no
    File URL: https://www.econjournals.com/index.php/ijeep/article/view/8912/5046
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ang, B.W. & Choong, W.L. & Ng, T.S., 2015. "Energy security: Definitions, dimensions and indexes," Renewable and Sustainable Energy Reviews, Elsevier, vol. 42(C), pages 1077-1093.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Saleh Shadman & Marlia Mohd Hanafiah & Christina May May Chin & Eng Hwa Yap & Novita Sakundarini, 2021. "Conceptualising the Sustainable Energy Security Dimensions of Malaysia: A Thematic Analysis through Stakeholder Engagement to Draw Policy Implications," Sustainability, MDPI, vol. 13(21), pages 1-26, October.
    2. Aktar, Asikha & Alam, Md. Mahmudul & Harun, Mukaramah, 2022. "Energy Efficiency Policies in Malaysia: A Critical Evaluation from the Sustainable Development Perspective," OSF Preprints 9cf3a, Center for Open Science.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Karasoy, Alper, 2022. "Is innovative technology a solution to Japan's long-run energy insecurity? Dynamic evidence from the linear and nonlinear methods," Technology in Society, Elsevier, vol. 70(C).
    2. Gupta, Kuhika & Nowlin, Matthew C. & Ripberger, Joseph T. & Jenkins-Smith, Hank C. & Silva, Carol L., 2019. "Tracking the nuclear ‘mood’ in the United States: Introducing a long term measure of public opinion about nuclear energy using aggregate survey data," Energy Policy, Elsevier, vol. 133(C).
    3. Ang, B.W. & Choong, W.L. & Ng, T.S., 2015. "A framework for evaluating Singapore’s energy security," Applied Energy, Elsevier, vol. 148(C), pages 314-325.
    4. Pin Li & Jinsuo Zhang, 2019. "Is China’s Energy Supply Sustainable? New Research Model Based on the Exponential Smoothing and GM(1,1) Methods," Energies, MDPI, vol. 12(2), pages 1-30, January.
    5. He, Peijun & Ng, Tsan Sheng & Su, Bin, 2019. "Energy-economic resilience with multi-region input–output linear programming models," Energy Economics, Elsevier, vol. 84(C).
    6. Zeng, Shouzhen & Streimikiene, Dalia & Baležentis, Tomas, 2017. "Review of and comparative assessment of energy security in Baltic States," Renewable and Sustainable Energy Reviews, Elsevier, vol. 76(C), pages 185-192.
    7. Erahman, Qodri Febrilian & Purwanto, Widodo Wahyu & Sudibandriyo, Mahmud & Hidayatno, Akhmad, 2016. "An assessment of Indonesia's energy security index and comparison with seventy countries," Energy, Elsevier, vol. 111(C), pages 364-376.
    8. Huang, Beijia & Zhang, Long & Ma, Linmao & Bai, Wuliyasu & Ren, Jingzheng, 2021. "Multi-criteria decision analysis of China’s energy security from 2008 to 2017 based on Fuzzy BWM-DEA-AR model and Malmquist Productivity Index," Energy, Elsevier, vol. 228(C).
    9. McKenna, R. & Bertsch, V. & Mainzer, K. & Fichtner, W., 2018. "Combining local preferences with multi-criteria decision analysis and linear optimization to develop feasible energy concepts in small communities," European Journal of Operational Research, Elsevier, vol. 268(3), pages 1092-1110.
    10. Aldona Standar & Agnieszka Kozera & Łukasz Satoła, 2021. "The Importance of Local Investments Co-Financed by the European Union in the Field of Renewable Energy Sources in Rural Areas of Poland," Energies, MDPI, vol. 14(2), pages 1-23, January.
    11. Honorata Nyga-Łukaszewska & Kentaka Aruga & Katarzyna Stala-Szlugaj, 2020. "Energy Security of Poland and Coal Supply: Price Analysis," Sustainability, MDPI, vol. 12(6), pages 1-18, March.
    12. Evgeny Lisin & Wadim Strielkowski & Veronika Chernova & Alena Fomina, 2018. "Assessment of the Territorial Energy Security in the Context of Energy Systems Integration," Energies, MDPI, vol. 11(12), pages 1-14, November.
    13. Alhamwi, Alaa & Medjroubi, Wided & Vogt, Thomas & Agert, Carsten, 2018. "Modelling urban energy requirements using open source data and models," Applied Energy, Elsevier, vol. 231(C), pages 1100-1108.
    14. Ioannidis, Alexis & Chalvatzis, Konstantinos J. & Li, Xin & Notton, Gilles & Stephanides, Phedeas, 2019. "The case for islands’ energy vulnerability: Electricity supply diversity in 44 global islands," Renewable Energy, Elsevier, vol. 143(C), pages 440-452.
    15. Alfa Firdaus & Machfud Machfud & Ani Suryani & Noer Azam Achsani, 2019. "Measuring Indonesia's Energy Security Level in the Context of Biodiesel Agroindustry," International Journal of Energy Economics and Policy, Econjournals, vol. 9(6), pages 154-164.
    16. Lee, Chien-Chiang & Xing, Wenwu & Lee, Chi-Chuan, 2022. "The impact of energy security on income inequality: The key role of economic development," Energy, Elsevier, vol. 248(C).
    17. S. Hayden Lesbirel & Sizhong Sun, 2017. "Oil import diversification in the Asia-Pacific (1976–2014)," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 22(4), pages 621-625, October.
    18. Adinda Franky Nelwan & Rinaldy Dalimi & Chairul Hudaya, 2021. "A New Formula to Quantify the National Energy Security of the World s Top Ten Most Populous Nations," International Journal of Energy Economics and Policy, Econjournals, vol. 11(1), pages 394-406.
    19. Solarte-Toro, Juan Camilo & Romero-García, Juan Miguel & Martínez-Patiño, Juan Carlos & Ruiz-Ramos, Encarnación & Castro-Galiano, Eulogio & Cardona-Alzate, Carlos Ariel, 2019. "Acid pretreatment of lignocellulosic biomass for energy vectors production: A review focused on operational conditions and techno-economic assessment for bioethanol production," Renewable and Sustainable Energy Reviews, Elsevier, vol. 107(C), pages 587-601.
    20. Zhu, Bo & Deng, Yuanyue & Lin, Renda & Hu, Xin & Chen, Pingshe, 2022. "Energy security: Does systemic risk spillover matter? Evidence from China," Energy Economics, Elsevier, vol. 114(C).

    More about this item

    Keywords

    Energy Security; Sustainability; Performance; Ranking; Weight Entropy Technique; Technique for Order of Preference by Similarity to Ideal Solution Model; Malaysia;
    All these keywords.

    JEL classification:

    • N75 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Asia including Middle East
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eco:journ2:2020-03-56. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ilhan Ozturk (email available below). General contact details of provider: http://www.econjournals.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.