Publication: Malaysia's electricity market structure in transition
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Date
2021
Authors
Sibeperegasam M.
Ramachandaramurthy V.K.
Walker S.
Kanesan J.
Journal Title
Journal ISSN
Volume Title
Publisher
Elsevier Ltd
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. � 2021 Elsevier Ltd
Description
electricity supply; energy market; monopoly; reform process; sustainability; Malaysia