About the use of delays in electricity market models through a system dynamics approach

Jose D. Morcillo B., Carlos Jaime Franco-Cardona, Fabiola Angulo

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

This work evaluates the first order (fo) and pipeline (ppl) delays in a generic electricity market model, in order to represent the delays of construction of new plants as well as the retirements of old plants. Then it is determined which is more adequate and provides a better approximation to the reality.
Original languageEnglish
Title of host publicationThirty-third International System Dynamics Conference
PublisherSystem Dynamics Society
Publication statusPublished - 19 Jul 2015

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