enhance the national power system grid resiliency , capability and security , and offer long-term LCOE buffer against natural gas and coal price volatility risk . In this context , both China and South Korea , which are presently heavily investing in the Energy Transition RE Green Sustainability Initiatives and pushing for coal-fired power plant phase-out decarbonisation programmes , are very much nuclearised in their long-term energy / electricity development planning scenario outlook . Malaysia should take heed of this .
Additionally , the Energy Transition will also witness mass adoption of electric vehicles in the 2025 – 2030 period , further driving decarbonisation via electrification through the Smart Grid EV charging infrastructure . By promoting Energy Efficiency ( EE ) initiatives through the Knowledge Automation Smart Grid and Internet-of-Things technologies , there will be handsome opportunities for future electricity consumers to optimise their energy usage and increase their monetary savings . Finally , there will be great opportunities for this Energy Transition to create new high-skilled jobs and build new economic engines for Malaysia .
REFERENCE
[ 3 ] McKinsey Global Institute ( MGI ). Disruptive Technologies : Advances that will transform
Life , Business and the Global Economy , Report May 2013
[ 5 ] Amir Basha Ismail . Electricity Demand- Generation Balance : The Question of National Energy Security . The Ingenieur , Vol . 60 , Board of Engineers Malaysia ( BEM ), Oct-Dec 2014
[ 6 ] Amir Basha Ismail . Impact of Disruptive Technologies on Electricity Grid Infrastructure . The Ingenieur , Vol . 75 , Board of Engineers Malaysia ( BEM ), July-Sept 2018
[ 7 ] World Energy Forum ( WEF ): Malaysia Energy Roundtable - Energy Transition . TNB , Aug . 2020
[ 8 ] Malaysia Solar PV Roadmap 2016 -2030 . MPIA Industry Engagement , June 2018
[ 9 ] Jarret Potts . Digital Transformation : Better Connected Enterprises . The Ingenieur , Vol . 73 , Board of Engineers Malaysia ( BEM ), Jan- March 2018
[ 10 ] Malavika Tohani . Global Lithium-ion Battery Market : Growth trends and Application analysis . Frost & Sullivan Report , Feb . 2013
[ 11 ] World Energy Outlook 2011 . International Energy Agency , Nov 2011
GLOSSARY
AMI |
Advanced |
Metering / Smart |
|
Infrastructure |
|
BESS |
Battery Energy Storage System |
DSM |
Demand Side Management |
DR |
Demand Response |
EE |
Energy Efficiency |
ESI |
Electricity Supply Industry |
GWh |
GigaWatt hour ( unit of energy ) |
Hz |
Hertz ( electricity frequency in cycles |
per second ) |
IoT |
Internet-of-Things |
IAEA |
International Atomic Energy Agency |
IEA |
International Energy Agency |
Joule |
Basic unit of energy : 1 GWh = 3.6 |
TeraJoules |
ktoe |
Kilotonne of oil equivalent : 1 ktoe = |
11.63 GWh |
LCOE |
Levelised Cost of Electricity |
MESI |
Malaysian Electricity Supply Industry |
Mmscfd |
Million standard cubic feet per day |
( for volumetric measurement of |
Natural Gas fuel ) |
Mmbtu |
Metric million British Thermal Unit |
( for measurement of heat quantity or |
energy value ) |
MW |
MegaWatt ( unit of power ): 1 Watt = 1 |
Joule / Sec |
NLDC |
National Load Dispatch Centre |
PV |
Photovoltaic |
RE |
Renewable Energy |
ST |
Suruhanjaya |
Tenaga / Energy |
|
Commission |
|
ToU |
Time-of-Use ( of electricity ) |
TNB |
Tenaga Nasional Berhad |
VG |
Variable Generation |
WEF |
World Energy Forum |
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