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Coherent or conflicting? Assessing natural gas subsidy and energy efficiency policy interactions amid CO2 emissions reduction in Malaysia electricity sector

Carbon dioxide; Electric industry; Electric utilities; Emission control; Energy policy; Energy utilization; Environmental technology; Gas emissions; Greenhouse gases; Growth rate; Natural gas; Natural gasoline plants; Agent-based computational economics; Average annual growth rates; Carbon dioxide e...

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Main Authors: Babatunde K.A., Said F.F., Md Nor N.G., Begum R.A., Mahmoud M.A.
Other Authors: 57194161189
Format: Article
Published: Elsevier Ltd 2023
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spelling my.uniten.dspace-263502023-05-29T17:09:24Z Coherent or conflicting? Assessing natural gas subsidy and energy efficiency policy interactions amid CO2 emissions reduction in Malaysia electricity sector Babatunde K.A. Said F.F. Md Nor N.G. Begum R.A. Mahmoud M.A. 57194161189 24779077900 57216428700 14007780000 55247787300 Carbon dioxide; Electric industry; Electric utilities; Emission control; Energy policy; Energy utilization; Environmental technology; Gas emissions; Greenhouse gases; Growth rate; Natural gas; Natural gasoline plants; Agent-based computational economics; Average annual growth rates; Carbon dioxide emissions; Emission reduction potentials; Emission reduction targets; Energy efficiency policies; Environmental consequences; Low-carbon technologies; Energy efficiency One of the negative environmental consequences of natural gas subsidy (NGS) is that it stimulates the substitution from low carbon generating technologies to natural gas, and thus hinders the timely electricity decarbonisation. To manage Malaysia's energy consumption and consequently reduce its energy-related carbon dioxide (CO2) emission, there has been renewed interest in removing NGS. In policy debates, it is a commonly held belief that NGS stimulates excessive energy consumption, and thus phasing it out would reduce electricity-related greenhouse gas emissions. However, whether this is the real situation and the emission reduction potential of phasing out NGS along with energy efficiency measures are still unanswered. Here we build an agent-based computational economic model with six types of agents (electricity producer, government, consumer, environment, electricity, and fuel markets). A simulation toolbox is developed to explore the dynamics of the electricity sector under different scenarios between 2015 and 2050. It is shown that removing NGS alone cannot lead to low carbon emissions because its removal would only instigate the substitution from low carbon technologies to the coal-fired plants. Two average annual growth rates of electricity demand have been simulated for energy efficiency policies. The simulation results show that the lower the rate of annual demand growth, the lower the growth rate of electricity output, and ultimately, the lower the energy-related CO2 emissions. With these two policies alone, CO2 emissions will continue to grow. Our results finally demonstrate that for the Malaysian government to achieve its emission reduction targets, additional efforts and policies will be required. � 2020 Elsevier Ltd Final 2023-05-29T09:09:24Z 2023-05-29T09:09:24Z 2021 Article 10.1016/j.jclepro.2020.123374 2-s2.0-85090986084 https://www.scopus.com/inward/record.uri?eid=2-s2.0-85090986084&doi=10.1016%2fj.jclepro.2020.123374&partnerID=40&md5=bac2a5c20b8de5ac98764e6bdf47e7b6 https://irepository.uniten.edu.my/handle/123456789/26350 279 123374 Elsevier Ltd Scopus
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/
description Carbon dioxide; Electric industry; Electric utilities; Emission control; Energy policy; Energy utilization; Environmental technology; Gas emissions; Greenhouse gases; Growth rate; Natural gas; Natural gasoline plants; Agent-based computational economics; Average annual growth rates; Carbon dioxide emissions; Emission reduction potentials; Emission reduction targets; Energy efficiency policies; Environmental consequences; Low-carbon technologies; Energy efficiency
author2 57194161189
author_facet 57194161189
Babatunde K.A.
Said F.F.
Md Nor N.G.
Begum R.A.
Mahmoud M.A.
format Article
author Babatunde K.A.
Said F.F.
Md Nor N.G.
Begum R.A.
Mahmoud M.A.
spellingShingle Babatunde K.A.
Said F.F.
Md Nor N.G.
Begum R.A.
Mahmoud M.A.
Coherent or conflicting? Assessing natural gas subsidy and energy efficiency policy interactions amid CO2 emissions reduction in Malaysia electricity sector
author_sort Babatunde K.A.
title Coherent or conflicting? Assessing natural gas subsidy and energy efficiency policy interactions amid CO2 emissions reduction in Malaysia electricity sector
title_short Coherent or conflicting? Assessing natural gas subsidy and energy efficiency policy interactions amid CO2 emissions reduction in Malaysia electricity sector
title_full Coherent or conflicting? Assessing natural gas subsidy and energy efficiency policy interactions amid CO2 emissions reduction in Malaysia electricity sector
title_fullStr Coherent or conflicting? Assessing natural gas subsidy and energy efficiency policy interactions amid CO2 emissions reduction in Malaysia electricity sector
title_full_unstemmed Coherent or conflicting? Assessing natural gas subsidy and energy efficiency policy interactions amid CO2 emissions reduction in Malaysia electricity sector
title_sort coherent or conflicting? assessing natural gas subsidy and energy efficiency policy interactions amid co2 emissions reduction in malaysia electricity sector
publisher Elsevier Ltd
publishDate 2023
_version_ 1806424077439598592
score 13.214268

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