Analyzing the hydroelectricity variability on power markets from a system dynamics and dynamic systems perspective: Seasonality and ENSO phenomenon

José D. Morcillo*, Fabiola Angulo, Carlos J. Franco

*Autor correspondiente de este trabajo

Producción científicarevisión exhaustiva

7 Citas (Scopus)

Resumen

In this paper, the variations in hydropower generation are addressed considering the seasonality and ENSO (El Niño-Southern Oscillation) episodes. The dynamic hypothesis and the stock-flow structure of the Colombian electricity market were analyzed. Moreover, its dynamic behavior was analyzed by using Dynamic Systems tools aimed at providing deep insight into the system. The MATLAB/Simulink model was used to evaluate the Colombian electricity market. Since we combine System Dynamics and Dynamic Systems, this methodology provides a novel insight and a deeper analysis compared with System Dynamics models and can be easily implemented by policymakers to suggest improvements in regulation or market structures. We also provide a detailed description of the Colombian electricity market dynamics under a broad range of demand growth rate scenarios inspired by the bifurcation and control theory of Dynamic Systems.

Idioma originalEnglish
Número de artículo2381
PublicaciónEnergies
Volumen13
N.º9
DOI
EstadoPublished - may 2020

Nota bibliográfica

Publisher Copyright:
© 2020 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (http://creativecommons.org/licenses/by/4.0/).

All Science Journal Classification (ASJC) codes

  • Energías renovables, sostenibilidad y medio ambiente
  • Ingeniería energética y tecnologías de la energía
  • Energía (miscelánea)
  • Control y optimización
  • Ingeniería eléctrica y electrónica

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