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Solar photovoltaic panels in Malaysian homes: an economic analysis and survey of public opinion

Muhibbullah, Md and Afroz, Rafia and Duasa, Jarita (2021) Solar photovoltaic panels in Malaysian homes: an economic analysis and survey of public opinion. International Journal of Energy Economics and Policy, 11 (6). pp. 454-464. ISSN 2146-4553

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The situation of solar energy in Malaysia is examined in this article, with a focus on solar photovoltaic (PV) installations in Malaysian homes. It examines Malaysia’s historical solar energy initiatives in terms of R&D, deployments, and national policy during the previous two decades, all of which have affected PV installation in the country. The New Energy Metering system (NEM) policy, as well as a cost-benefit analysis of PV installations for Malaysian homes are addressed. A preliminary survey of public opinion was performed to better understand public perceptions of clean energy policies and advantages, as well as an evaluation of public willingness to join in the NEM policy by installing PV on their homes. The NEM policy will give a reasonable return on investment, according to the cost-benefit analysis. While PV solar energy has the potential to be a viable alternative, Malaysian families face a number of challenges, including high costs, a lack of physical and financial resources, a lack of expertise, and a lack of social support. According to the survey, the majority of respondents are ignorant of the government’s clean energy subsidies and strategies, and are unable to participate in the NEM policy.

Item Type: Article (Journal)
Uncontrolled Keywords: New Energy Metering, Solar PV, Cost-Benefit Analysis, Clean Energy, Malaysia
Subjects: H Social Sciences > H Social Sciences (General)
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): Kulliyyah of Economics and Management Sciences > Department of Economics
Depositing User: Dr Rafia Afroz
Date Deposited: 31 Jan 2022 11:36
Last Modified: 31 Jan 2022 11:36
URI: http://irep.iium.edu.my/id/eprint/96529

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