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DOI | 10.1016/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 |
EISSN | 2405-8440 |
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
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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 |
推荐引用方式 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). |
条目包含的文件 | 条目无相关文件。 |
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