Comparative study of net energy metering and feed-in tariff for the 496kWp UiTM segamat solar photovoltaic system

Comparative study of net energy metering and feed-in tariff for the 496kWp UiTM segamat solar photovoltaic system. Indonesian Journal of Electrical Engineering and Computer Science, 27 (2). pp. 601-610. ISSN 2502-4752 (2022)



Abstract

The energy and natural resources ministry (KeTSA) of Malaysia has introduced the net energy metering (NEM) 3.0, which provides an opportunity for consumers to install solar photovoltaic (PV) systems to reduce electricity bills. The NEM 3.0 introduces three new initiatives that offer 500 MW quota from 2021 till 2023. NEM has been implemented since 2016, replacing the feed-in tariff (FiT) strategy by promoting the users to utilize the generated energy in the first place before selling any surplus to the utility. As in the FiT strategy, users can only sell the generated energy at a fixed rate without utilizing it. This paper presents the comparative study between NEM and FiT for 496 kWp solar photovoltaic system in UiTM Segamat, Johor in the perspective of economy and energy practice based on the simulation result of MATLAB/Simulink software.

Item Type: Article
Keywords: Net energy metering, Return of investment, Solar photovoltaic, Resources of energy, Solar photovoltaic, Feed-in tariff
Taxonomy: By Niche > Solar > Solar Energy
By Niche > Solar > Solar Energy > Economic Aspects
By Niche > Solar > Solar Energy > Government Policy
By Niche > Solar > Solar Energy > Research
Local Content Hub: Niche > Solar
Depositing User: Alias Manap
Date Deposited: 13 Apr 2023 04:36
Last Modified: 13 Apr 2023 04:36
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