Malaysia’s electricity market structure in transition

Mahesvaran Sibeperegasam, Vigna Kumaran Ramachandaramurthy, Sara Walker and Jeevan Kanesan

Utilities Policy, 2021, vol. 72, issue C

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.

Keywords: Malaysia electricity Supply industry (MESI); Grid system operator (GSO); Single buyer; Independent power producer (IPP); System marginal pricing; Reform; Monopoly (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:juipol:v:72:y:2021:i:c:s0957178721001004

DOI: 10.1016/j.jup.2021.101266

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