Thursday 24 December 2009

Wseas Transactions

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Transactions: WSEAS TRANSACTIONS ON ENVIRONMENT AND DEVELOPMENT
Transactions ID Number: 42-267
Full Name: Zuhairuse Md Darus
Position: Associate Professor
Age: ON
Sex: Male
Address: Department of Architecture, Faculty of Engineering and Built Environment, Universiti Kebangsaan Malaysia, UKM Bangi 43600, Bangi Selangor
Country: MALAYSIA
Tel: 89214584
Tel prefix: +603
Fax: +60389213670
E-mail address: ujang@eng.ukm.my
Other E-mails: atiqmy@yahoo.com
Title of the Paper: ANALYSIS OF RENEWABLE ENERGY INCENTIVES AND ITS MARKET POTENTIAL IN MALAYSIA
Authors as they appear in the Paper: Zuhairuse Md Darus, Afaq Chawdar, Othman Abdul Karim, Khairulnizam Abdul Maulud & Abdul Khalim Abdul Rashid
Email addresses of all the authors: ujang@vlsi.eng.ukm.my,atiqmy@yahoo.com
Number of paper pages: 11
Abstract: Emerging conditions from record high soaring prices of oil in year 2008 and precedent oil crisis of 1970 has set the world to face the energy crisis, looming over a four decades. These conditions become more provoked in scenario of rapid globalization and race for higher economic gains positioned the energy sector at pivotal position to retain the economic competitiveness and progress in developing countries. The mission to accomplish the developed status in world and to maintain higher rate of economic growth, importance of formal and alternate energy sector has grown many folds in Malaysia. Up to this time Malaysia has managed to take advantage from its energy resources such as oil and natural gas. In order to achieve the uninterrupted flow of energy and resource friendly energy solution, Malaysia is striving hard to develop and search the alternate source of energy to sustain and fuel its economic growth engines. This paper has analysed the factual condition !
of energy demand and role of renewable energy to meet the future demand of energy through renewable resources of energy. This paper has also explored the prevailing monetary incentives and policies in addition to renewable business prospectus in Malaysia.
Keywords: Malaysia Energy Outlook, Renewable Energy Policies, Potentials of Renewable Energy and Scope of Renewable Energy Market & Business.
EXTENSION of the file: .doc
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