Renewable energy systems are technologies that can generate electricity from solar, wind, hydroelectric, biomass, and other renewable energy resources. This research project aims to find the best renewable energy technology combinations for several scenarios in Malaysia. The strategies are analysed by evaluating the investments in the renewable energy systems in each of the decided scenarios in Malaysia, Pekan, Pahang and Mersing, Johor, using HOMER Pro software. The finding shows that the PV–wind hybrid system has a better net present cost (NPC) than the other systems for both scenarios, which are USD −299,762.16 for Scenario 1 and USD −642,247.46 for Scenario 2. The PV–wind hybrid system has 4.86-year and 2.98-year payback periods in Scenarios 1 and 2. A combination of RE technologies yielded fewer emissions than one kind alone. The PV–wind hybrid system provides a quicker payback period, higher money savings, and reduced pollutants. The sensitivity results show that resource availability and capital cost impact NPC and system emissions. This finding reveals that integrated solar and wind technologies can improve the economic performance (e.g., NPC, payback period, present worth) and environmental performance (e.g., carbon dioxide emissions) of a renewable energy system.
Malaysia demonstrates its commitment to alleviating the negative climate and energy issues through various initiatives. One of the latest initiatives is the amendment of the net-energy metering (NEM) scheme that takes effect from 2019. This paper presents the distribution of energy to the residential house that has a grid-connected solar photovoltaic (PV) system installed. The study quantifies the percentage of energy consumed from the PV system and the grid as well as the percentage of PV generated energy that is exported to the grid. On average, 38% of generated energy was used for self-consumption that contributed to 28% of the total consumption. Economic evaluation over a 25-year lifecycle of the PV system is also conducted shows that the simple payback period for NEM 2019 and NEM 2016 is 8 years and 20 years, respectively. The latest version of NEM shows a superior advantage compared to the previous one which may attract more investments in PV generation.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.