IDEAS home Printed from https://ideas.repec.org/a/eco/journ2/2022-04-7.html
   My bibliography  Save this article

An Economic Feasibility Study on Solar Installation for University Campus: A Case of Universiti Utara Malaysia

Author

Listed:
  • S. M. Shafie

    (School of Technology Management and Logistics, College of Business, Universiti Utara Malaysia, 06010 Sintok, Kedah, Malaysia; Technology and Supply Chain Excellent Institute (TeSCE), aSchool of Technology Management and Logistics, College of Business, Universiti Utara Malaysia, 06010 Sintok, Kedah, Malaysia.)

  • M. G. Hassan

    (School of Technology Management and Logistics, College of Business, Universiti Utara Malaysia, Sintok, Kedah, Malaysia)

  • K. I. M. Sharif

    (School of Technology Management and Logistics, College of Business, Universiti Utara Malaysia, 06010 Sintok, Kedah, Malaysia.)

  • A. N. Nu man

    (Universitas Islam Bandung, West Java, Indonesia.)

  • N.N.A.N. Yusuf

    (Department of Energy, Minerals, and Materials Technology, Universiti Malaysia Kelantan, 17600 Jeli, Kelantan, Malaysia.)

Abstract

Transforming towards renewable energy consumption has become the main agenda for the country due to the drawback of consuming conventional resources. Climate change, energy security, and price fluctuation are the main factors contributing towards the penetration of renewable energy. Solar energy seems to be the most attractive due to unlimited source of energy, and fundamentally, its availability will never run out. This form of energy can also be used as an alternative in producing electricity. Malaysia has potential in developing solar energy for daily usage due to its location in the equatorial area and acquiring approximately 400 600 MJ/ m 2 of solar radiation every month. Universiti Utara Malaysia (UUM) is a public higher learning institution located in Sintok, Kedah. Sintok is a potential area for the installation of this solar system because the area has a longer peak sun hour rate than other areas. The aims of this study are: (1) to analyse the factors involved in solar installation, and (2) to examine the economic feasibility of solar installation at a university campus. This study used a qualitative approach, whereby the data were taken from interviews with the Development and Maintenance Department of UUM and Detrolic Solar Company. The solar implementation in UUM could reduce the cost of energy usage annually. Furthermore, UUM could gain revenue from the Net Energy Metering (NEM) 3.0 Government Ministries and Entities (GoMEn) incentive. Solar installation in the campus could hasten the effort of UUM moving towards a green and eco-friendly university campus. It is best believed that this effort could be a success if UUM is ready to move towards sustainable energy with solar consumption.

Suggested Citation

  • S. M. Shafie & M. G. Hassan & K. I. M. Sharif & A. N. Nu man & N.N.A.N. Yusuf, 2022. "An Economic Feasibility Study on Solar Installation for University Campus: A Case of Universiti Utara Malaysia," International Journal of Energy Economics and Policy, Econjournals, vol. 12(4), pages 54-60, July.
    • Handle: RePEc:eco:journ2:2022-04-7
    as

    Download full text from publisher

    File URL: https://www.econjournals.com/index.php/ijeep/article/download/13057/6810
    Download Restriction: no
    File URL: https://www.econjournals.com/index.php/ijeep/article/view/13057
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Cavadini, Giovan Battista & Cook, Lauren M., 2021. "Green and cool roof choices integrated into rooftop solar energy modelling," Applied Energy, Elsevier, vol. 296(C).
    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. Muhammad Firdaus Mohd Zublie & Md. Hasanuzzaman & Nasrudin Abd Rahim, 2023. "Modeling, Energy Performance and Economic Analysis of Rooftop Solar Photovoltaic System for Net Energy Metering Scheme in Malaysia," Energies, MDPI, vol. 16(2), pages 1-18, January.

    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. Jaykumar Joshi & Akhilesh Magal & Vijay S. Limaye & Prima Madan & Anjali Jaiswal & Dileep Mavalankar & Kim Knowlton, 2022. "Climate change and 2030 cooling demand in Ahmedabad, India: opportunities for expansion of renewable energy and cool roofs," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 27(7), pages 1-17, October.
    2. Dewi, Retno Gumilang & Siagian, Ucok Welo Risma & Asmara, Briantama & Anggraini, Syahrina Dyah & Ichihara, Jun & Kobashi, Takuro, 2023. "Equitable, affordable, and deep decarbonization pathways for low-latitude developing cities by rooftop photovoltaics integrated with electric vehicles," Applied Energy, Elsevier, vol. 332(C).

    More about this item

    Keywords

    Solar energy; university campus; installation; economic; UUM;
    All these keywords.

    JEL classification:

    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources

    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:journ2:2022-04-7. 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.