ingenieur Vol.87 July-Sept2021 Vol 87 2021 | Page 75

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
73