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Malaysia’s electricity market structure in transition

Author

Listed:
  • Sibeperegasam, Mahesvaran
  • Ramachandaramurthy, Vigna Kumaran
  • Walker, Sara
  • Kanesan, Jeevan

Abstract

The Malaysian electricity industry evolved from a vertically integrated utility into a single-buyer model, which considered a precursor to deregulation and a competitive market. This study considers electricity sector reform in Malaysia and proposes a market structure for the industry. We focus on the single-buyer model and the pool model for the analysis with the recommendation on reform stages required to ensure a smooth and successful market transition. A smooth transition from regulated market into deregulated market will ensure market stability and sustainability of the energy market. It will also provide enough time for the market participants to adapt and transit from regulated to deregulated energy market.

Suggested Citation

  • Sibeperegasam, Mahesvaran & Ramachandaramurthy, Vigna Kumaran & Walker, Sara & Kanesan, Jeevan, 2021. "Malaysia’s electricity market structure in transition," Utilities Policy, Elsevier, vol. 72(C).
    • Handle: RePEc:eee:juipol:v:72:y:2021:i:c:s0957178721001004
    DOI: 10.1016/j.jup.2021.101266
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    References listed on IDEAS

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    1. Sioshansi, Fereidoon P., 2008. "Competitive Electricity Markets: Questions Remain about Design, Implementation, Performance," The Electricity Journal, Elsevier, vol. 21(2), pages 74-87, March.
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    4. Sioshansi, Fereidoon P., 2006. "Electricity market reform: What has the experience taught us thus far?," Utilities Policy, Elsevier, vol. 14(2), pages 63-75, June.
    5. Letova, Ksenia & Yao, Rui & Davidson, Mikhail & Afanasyeva, Ekaterina, 2018. "A review of electricity markets and reforms in Russia," Utilities Policy, Elsevier, vol. 53(C), pages 84-93.
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    7. Laszlo Lovei, 2000. "The Single-Buyer Model : A Dangerous Path toward Competitive Electricity Markets," World Bank Publications - Reports 11409, The World Bank Group.
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    Cited by:

    1. Schuch, Esther & Apergi, Maria & Chow, Deborah Yik Kuen & Eicke, Laima & Goldthau, Andreas & Kurniawan, Jude H. & Lima-de-Oliveira, Renato & Tan, Zhai Gen & Weko, Silvia, 2024. "Breaking the carbon lock-in: Identifying pathways for Malaysia towards a low-carbon future," Technological Forecasting and Social Change, Elsevier, vol. 202(C).
    2. Muhammad Mutasim Billah Tufail & Maawra Salam & Muhammad Shakeel & Ali Gohar, 2022. "Diversified Sustainable Resource Availability by Optimizing Economic Environmental and Supply Risk factors in Malaysia s Power Generation Mix," International Journal of Energy Economics and Policy, Econjournals, vol. 12(1), pages 507-516.
    3. Sirin, Selahattin Murat & Abuouf, Sarah & Elshurafa, Amro M., 2025. "Is the single-buyer model a barrier to clean energy deployment? Empirical evidence on decarbonization and renewable energy supply in emerging and developing countries," Energy Policy, Elsevier, vol. 206(C).
    4. Thomasi, Virginia & Siluk, Julio Cezar M. & Rigo, Paula D. & Pappis, Cesar Augusto de O., 2024. "Challenges, improvements, and opportunities market with the liberalization of the residential electricity market," Energy Policy, Elsevier, vol. 192(C).

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