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DOI10.1016/j.heliyon.2024.e30157
Economic and environmental analysis of Malaysia ' s 2025 renewable and sustainable energy targets in the generation mix
Yahoo, Masoud; Salleh, Norlida Hanim Mohd; Chatri, Fatemeh; Li, Huixin
发表日期2024
EISSN2405-8440
起始页码10
结束页码9
卷号10期号:9
英文摘要In pursuing the goals of sustainable development and transiting from fossil fuel -dependent electricity generation to renewable and sustainable alternatives as endorsed by COP28, Malaysia set a 31 % target for renewable -energy in the power generation mix by 2025. This underlines Malaysia 's commitment to combat climate change, mainly by reducing its economywide GDP carbon intensity by 45 % from the 2005 levels by 2030. To better understand the effects of renewable energy expansion on the economy, environment, electricity output and inputmix, a computable general equilibrium model is applied using an updated benchmark. The simulation results show that increasing the share of coal and gas in the power generation mix compromises emission reduction targets. Further, there is a trade-off between subsidized natural gas supplies and power generation and exports. The results also show that a larger proportion of renewable energy leads to improved welfare. As the share of gas and coal in renewable energy generation is not very high, its impact on carbon emissions is limited. However, if renewable energy expansion is complemented by subsidy rationalizations, the positive impacts are more pronounced. In terms of policy implications, the findings suggest that Malaysia must step up its emission reduction efforts by augmenting the generation of renewable rather than non-renewable resources. Complementary initiatives such as emission abatement policies and consumption subsidies for refined oil products and fossil -fuel power generation should be rationalized to expand renewable resources, improve energy security, and attain emission reductions.
英文关键词Renewable energy; Malaysia; Computable general equilibrium; Electricity mix change; Welfare; Zero emissions
语种英语
WOS研究方向Science & Technology - Other Topics
WOS类目Multidisciplinary Sciences
WOS记录号WOS:001239640100001
来源期刊HELIYON
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/299909
作者单位Universiti Kebangsaan Malaysia; Universiti Kebangsaan Malaysia
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GB/T 7714
Yahoo, Masoud,Salleh, Norlida Hanim Mohd,Chatri, Fatemeh,et al. Economic and environmental analysis of Malaysia ' s 2025 renewable and sustainable energy targets in the generation mix[J],2024,10(9).
APA Yahoo, Masoud,Salleh, Norlida Hanim Mohd,Chatri, Fatemeh,&Li, Huixin.(2024).Economic and environmental analysis of Malaysia ' s 2025 renewable and sustainable energy targets in the generation mix.HELIYON,10(9).
MLA Yahoo, Masoud,et al."Economic and environmental analysis of Malaysia ' s 2025 renewable and sustainable energy targets in the generation mix".HELIYON 10.9(2024).
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