System dynamics model for analysis of demand response on incorporating autoswitch in the Colombian electrical sector
Author
Abstract
Suggested Citation
DOI: 10.1016/j.enpol.2024.114257
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Zhu, Xu & Sun, Yuanzhang & Yang, Jun & Dou, Zhenlan & Li, Gaojunjie & Xu, Chengying & Wen, Yuxin, 2022. "Day-ahead energy pricing and management method for regional integrated energy systems considering multi-energy demand responses," Energy, Elsevier, vol. 251(C).
- Lu, Qing & Guo, Qisheng & Zeng, Wei, 2022. "Optimization scheduling of integrated energy service system in community: A bi-layer optimization model considering multi-energy demand response and user satisfaction," Energy, Elsevier, vol. 252(C).
- Cabello Eras, Juan José & Mendoza Fandiño, Jorge Mario & Sagastume Gutiérrez, Alexis & Rueda Bayona, Juan Gabriel & Sofan German, Stiven Javier, 2022. "The inequality of electricity consumption in Colombia. Projections and implications," Energy, Elsevier, vol. 249(C).
- Wang, Jidong & Wu, Jiahui & Che, Yanbo, 2019. "Agent and system dynamics-based hybrid modeling and simulation for multilateral bidding in electricity market," Energy, Elsevier, vol. 180(C), pages 444-456.
- Lu, Qing & Zhang, Yufeng, 2022. "A multi-objective optimization model considering users' satisfaction and multi-type demand response in dynamic electricity price," Energy, Elsevier, vol. 240(C).
- Ahmad, Salman & Mat Tahar, Razman & Muhammad-Sukki, Firdaus & Munir, Abu Bakar & Abdul Rahim, Ruzairi, 2016. "Application of system dynamics approach in electricity sector modelling: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 56(C), pages 29-37.
- Zhu, Chaoping & Fan, Ruguo & Lin, Jinchai, 2020. "The impact of renewable portfolio standard on retail electricity market: A system dynamics model of tripartite evolutionary game," Energy Policy, Elsevier, vol. 136(C).
- Porter, David, 2001. "Renewable energy in a diverse electricity market," Renewable Energy, Elsevier, vol. 24(3), pages 415-418.
- Blaschke, Maximilian J., 2022. "Dynamic pricing of electricity: Enabling demand response in domestic households," Energy Policy, Elsevier, vol. 164(C).
- Feuerriegel, Stefan & Neumann, Dirk, 2016. "Integration scenarios of Demand Response into electricity markets: Load shifting, financial savings and policy implications," Energy Policy, Elsevier, vol. 96(C), pages 231-240.
- Ketter, Wolfgang & Collins, John & Reddy, Prashant, 2013. "Power TAC: A competitive economic simulation of the smart grid," Energy Economics, Elsevier, vol. 39(C), pages 262-270.
- Torriti, Jacopo & Hassan, Mohamed G. & Leach, Matthew, 2010. "Demand response experience in Europe: Policies, programmes and implementation," Energy, Elsevier, vol. 35(4), pages 1575-1583.
- Justyna Lemke & Małgorzata Łatuszyńska, 2013. "Validation of System Dynamics Models – a Case Study," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 9(2), pages 45-59.
- Qudrat-Ullah, Hassan, 2013. "Understanding the dynamics of electricity generation capacity in Canada: A system dynamics approach," Energy, Elsevier, vol. 59(C), pages 285-294.
- Cappers, Peter & Goldman, Charles & Kathan, David, 2010. "Demand response in U.S. electricity markets: Empirical evidence," Energy, Elsevier, vol. 35(4), pages 1526-1535.
- Arezou Gholizad & Loza Ahmadi & Erfan Hassannayebi & Mehrdad Memarpour & Masoud Shakibayifar, 2017. "A System Dynamics Model for the Analysis of the Deregulation in Electricity Market," International Journal of System Dynamics Applications (IJSDA), IGI Global, vol. 6(2), pages 1-30, April.
- Shen, Bo & Ghatikar, Girish & Lei, Zeng & Li, Jinkai & Wikler, Greg & Martin, Phil, 2014. "The role of regulatory reforms, market changes, and technology development to make demand response a viable resource in meeting energy challenges," Applied Energy, Elsevier, vol. 130(C), pages 814-823.
- Mastropietro, Paolo & Rodilla, Pablo & Rangel, Lina Escobar & Batlle, Carlos, 2020. "Reforming the colombian electricity market for an efficient integration of renewables: A proposal," Energy Policy, Elsevier, vol. 139(C).
- Assili, Mohsen & Javidi D.B., M. Hossein & Ghazi, Reza, 2008. "An improved mechanism for capacity payment based on system dynamics modeling for investment planning in competitive electricity environment," Energy Policy, Elsevier, vol. 36(10), pages 3703-3713, October.
- Sufian, M.A. & Bala, B.K., 2006. "Modelling of electrical energy recovery from urban solid waste system: The case of Dhaka city," Renewable Energy, Elsevier, vol. 31(10), pages 1573-1580.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Dehghan, Hamed & Amin-Naseri, Mohammad Reza & Nahavandi, Nasim, 2021. "A system dynamics model to analyze future electricity supply and demand in Iran under alternative pricing policies," Utilities Policy, Elsevier, vol. 69(C).
- Dehghan, Hamed & Amin-Naseri, Mohammad Reza, 2022. "A simulation-based optimization model to determine optimal electricity prices under various scenarios considering stakeholders’ objectives," Energy, Elsevier, vol. 238(PC).
- Li, Weilin & Xu, Peng & Lu, Xing & Wang, Huilong & Pang, Zhihong, 2016. "Electricity demand response in China: Status, feasible market schemes and pilots," Energy, Elsevier, vol. 114(C), pages 981-994.
- Chen, Yongbao & Xu, Peng & Chu, Yiyi & Li, Weilin & Wu, Yuntao & Ni, Lizhou & Bao, Yi & Wang, Kun, 2017. "Short-term electrical load forecasting using the Support Vector Regression (SVR) model to calculate the demand response baseline for office buildings," Applied Energy, Elsevier, vol. 195(C), pages 659-670.
- Märkle-Huß, Joscha & Feuerriegel, Stefan & Neumann, Dirk, 2018. "Large-scale demand response and its implications for spot prices, load and policies: Insights from the German-Austrian electricity market," Applied Energy, Elsevier, vol. 210(C), pages 1290-1298.
- Zhou, Kaile & Yang, Shanlin, 2015. "Demand side management in China: The context of China’s power industry reform," Renewable and Sustainable Energy Reviews, Elsevier, vol. 47(C), pages 954-965.
- Leinauer, Christina & Schott, Paul & Fridgen, Gilbert & Keller, Robert & Ollig, Philipp & Weibelzahl, Martin, 2022. "Obstacles to demand response: Why industrial companies do not adapt their power consumption to volatile power generation," Energy Policy, Elsevier, vol. 165(C).
- Zapata, Sebastian & Castaneda, Monica & Herrera, Milton M. & Dyner, Isaac, 2023. "Investigating the concurrence of transmission grid expansion and the dissemination of renewables," Energy, Elsevier, vol. 276(C).
- Meyabadi, A. Fattahi & Deihimi, M.H., 2017. "A review of demand-side management: Reconsidering theoretical framework," Renewable and Sustainable Energy Reviews, Elsevier, vol. 80(C), pages 367-379.
- Wang, Tonghe & Hua, Haochen & Shi, Tianying & Wang, Rui & Sun, Yizhong & Naidoo, Pathmanathan, 2024. "A bi-level dispatch optimization of multi-microgrid considering green electricity consumption willingness under renewable portfolio standard policy," Applied Energy, Elsevier, vol. 356(C).
- Liu, Yingqi, 2017. "Demand response and energy efficiency in the capacity resource procurement: Case studies of forward capacity markets in ISO New England, PJM and Great Britain," Energy Policy, Elsevier, vol. 100(C), pages 271-282.
- Y, Kiguchi & Y, Heo & M, Weeks & R, Choudhary, 2019. "Predicting intra-day load profiles under time-of-use tariffs using smart meter data," Energy, Elsevier, vol. 173(C), pages 959-970.
- Shen, Bo & Ghatikar, Girish & Lei, Zeng & Li, Jinkai & Wikler, Greg & Martin, Phil, 2014. "The role of regulatory reforms, market changes, and technology development to make demand response a viable resource in meeting energy challenges," Applied Energy, Elsevier, vol. 130(C), pages 814-823.
- Eid, Cherrelle & Koliou, Elta & Valles, Mercedes & Reneses, Javier & Hakvoort, Rudi, 2016. "Time-based pricing and electricity demand response: Existing barriers and next steps," Utilities Policy, Elsevier, vol. 40(C), pages 15-25.
- Xiao, Jingjie, 2013. "Grid integration and smart grid implementation of emerging technologies in electric power systems through approximate dynamic programming," MPRA Paper 58696, University Library of Munich, Germany.
- Qudrat-Ullah, Hassan, 2015. "Independent power (or pollution) producers? Electricity reforms and IPPs in Pakistan," Energy, Elsevier, vol. 83(C), pages 240-251.
- Thakur, Jagruti & Hesamzadeh, Mohammad Reza & Date, Paresh & Bunn, Derek, 2023. "Pricing and hedging wind power prediction risk with binary option contracts," Energy Economics, Elsevier, vol. 126(C).
- Nikzad, Mehdi & Mozafari, Babak & Bashirvand, Mahdi & Solaymani, Soodabeh & Ranjbar, Ali Mohamad, 2012. "Designing time-of-use program based on stochastic security constrained unit commitment considering reliability index," Energy, Elsevier, vol. 41(1), pages 541-548.
- Tahir, Muhammad Faizan & Chen, Haoyong & Khan, Asad & Javed, Muhammad Sufyan & Cheema, Khalid Mehmood & Laraik, Noman Ali, 2020. "Significance of demand response in light of current pilot projects in China and devising a problem solution for future advancements," Technology in Society, Elsevier, vol. 63(C).
- Andrew Blohm & Jaden Crawford & Steven A. Gabriel, 2021. "Demand Response as a Real-Time, Physical Hedge for Retail Electricity Providers: The Electric Reliability Council of Texas Market Case Study," Energies, MDPI, vol. 14(4), pages 1-16, February.
More about this item
Keywords
Autoswitch; Demand response; Energy market; Deregulated electricity market; User response;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:enepol:v:193:y:2024:i:c:s0301421524002775. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/enpol .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.