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EconomicImpact Of Solar Net Energy Metering Between Malaysia And Singapore

FYP 2 SEM 2 2019/2020

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Main Author: Quzairy Bin Ahmad Sharifud-din
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Language:English
Published: 2023
Subjects:
Net Energy Metering
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spelling my.uniten.dspace-207562023-05-04T22:03:15Z EconomicImpact Of Solar Net Energy Metering Between Malaysia And Singapore Quzairy Bin Ahmad Sharifud-din Net Energy Metering FYP 2 SEM 2 2019/2020 In general, solar energy has become a popular alternative energy to replace the conventional power plant that uses natural oil and coal to operate. There are many benefits of renewable energy to the environment such as preserving the environment, reducing harmful gases emission, and improving people’s health. Installing a solar system also affects the economic aspect. For residential customers, installing a solar system in their residential building helps to reduce the cost of electricity bills. This paper aims to see the impact on the economy by installing a solar system for a residential customer in Malaysia and Singapore. The economic impact by installing the solar system from both countries will be analyzed and compared to see whether installing a solar system in Malaysia under its net metering policies is more beneficial than installing a solar system in Singapore under its own net metering policies The analysis will be performed by using HOMER Grid software. This paper considers financial factors such as Return on Investment (ROI), Internal Rate of Return (IRR), payback period, Net Present Cost (NPC), and much more so the economic impact analysis can be detailed as possible. The result of the simulations shows that installing a solar system in Singapore is more financially beneficial. 2023-05-03T15:18:46Z 2023-05-03T15:18:46Z 2020-02 https://irepository.uniten.edu.my/handle/123456789/20756 en application/pdf
institution Universiti Tenaga Nasional
building UNITEN Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Tenaga Nasional
content_source UNITEN Institutional Repository
url_provider http://dspace.uniten.edu.my/
language English
topic Net Energy Metering
spellingShingle Net Energy Metering
Quzairy Bin Ahmad Sharifud-din
EconomicImpact Of Solar Net Energy Metering Between Malaysia And Singapore
description FYP 2 SEM 2 2019/2020
format
author Quzairy Bin Ahmad Sharifud-din
author_facet Quzairy Bin Ahmad Sharifud-din
author_sort Quzairy Bin Ahmad Sharifud-din
title EconomicImpact Of Solar Net Energy Metering Between Malaysia And Singapore
title_short EconomicImpact Of Solar Net Energy Metering Between Malaysia And Singapore
title_full EconomicImpact Of Solar Net Energy Metering Between Malaysia And Singapore
title_fullStr EconomicImpact Of Solar Net Energy Metering Between Malaysia And Singapore
title_full_unstemmed EconomicImpact Of Solar Net Energy Metering Between Malaysia And Singapore
title_sort economicimpact of solar net energy metering between malaysia and singapore
publishDate 2023
_version_ 1806426353956814848
score 13.219503

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