Energy Storage Integration for Renewable Energy Supply in Malaysia: A Review

Shafini M. Shafie and A. H. Nu’man
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Shafini M. Shafie: School of Technology Management and Logistics, College of Business, Universiti Utara Malaysia, 06010 Sintok, Kedah, Malaysia; & Technology and Supply Chain Excellent Institute (TeSCE), School of Technology Management and Logistics, College of Business, Universiti Utara Malaysia, 06010 Sintok, Kedah, Malaysia
A. H. Nu’man: Department of Industrial Engineering, Faculty of Engineering, Universitas Islam Bandung, Jalan Tamansari No. 20 Bandung 40116, West Java, Indonesia; & Department of Management, Faculty of Economic and Business, Universitas Islam Bandung, Jalan Tamansari No. 20 Bandung 40116, West Java, Indonesia

International Journal of Energy Economics and Policy, 2024, vol. 14, issue 5, 242-250

Abstract: Malaysia intends to increase the share of renewable energy (RE) in its installed power capacity from the current 23%, or 8.5 GW, to 40%, or 18.0 GW, by 2035. Renewable energy sources, specifically solar and biogas, are unpredictable and subject to sudden changes due to weather conditions and feedstock availability. Furthermore, their integration with the current conventional plants is complicated. In relation to this, deploying energy storage has become the main agenda under the Renewable Energy Roadmap to achieve 40% installed capacity by 2035. When selecting the most adequate energy storage system, the technological, environmental and economic aspects need to be considered. Therefore, the purpose of this article is to review the current state of energy storage and the renewable energy situation in Malaysia. The significance of this paper is that it encourages RE consumption in Malaysia in parallel with the government’s target due to the deployment of energy storage in the energy supply system. It can serve as a guideline for policymakers in their penetration of the renewable energy sector.

Keywords: Energy Storage; Renewable Energy; Malaysia; Integration (search for similar items in EconPapers)
JEL-codes: Q40 Q42 (search for similar items in EconPapers)
Date: 2024
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