Application of system dynamics approach in electricity sector modelling: A review

S Ahmad, RM Tahar, F Muhammad-Sukki… - … and Sustainable Energy …, 2016 - Elsevier
Electricity has become a vital source of energy for social and economic development in
modern era. Likewise, the issues of its planning and management have grown complex. To …

A critical review of Real Options thinking for valuing investment flexibility in Smart Grids and low carbon energy systems

JA Schachter, P Mancarella - Renewable and Sustainable Energy Reviews, 2016 - Elsevier
This paper aims at serving as a critical analysis of Real Options (RO) methodologies that
have so far been applied to the flexible evaluation of smart grid developments and as a …

System dynamics modeling for renewable energy and CO2 emissions: A case study of Ecuador

A Robalino-López, A Mena-Nieto… - Energy for Sustainable …, 2014 - Elsevier
It is clear that renewable energy plays a crucial role in achieving a reduction of greenhouse
gas emissions. This paper presents a model approach of CO 2 emissions in Ecuador in the …

Capacity adequacy in power markets facing energy transition: A comparison of scarcity pricing and capacity mechanism

M Petitet, D Finon, T Janssen - Energy Policy, 2017 - Elsevier
This article analyses how a capacity mechanism can address security of supply objectives in
a power market undergoing an energy transition that combines energy efficiency efforts to …

A decision support framework for robust R&D budget allocation using machine learning and optimization

H Jang - Decision Support Systems, 2019 - Elsevier
Considering that government funding agencies make decisions on research and
development (R&D) budget allocation to support an increasing number of research …

System dynamics modelling and the environmental Kuznets curve in Ecuador (1980–2025)

A Robalino-López, JE García-Ramos, AA Golpe… - Energy Policy, 2014 - Elsevier
Is it possible for a country in the process of development to comply with the environmental
Kuznets curve (EKC) hypothesis in the medium term? This is the question that inspired this …

Energy related system dynamic models: a literature review

A Leopold - Central European Journal of Operations Research, 2016 - Springer
Abstract System dynamics is extensively used as a decision support method in the energy
sector. There exists a wide body of applications worldwide that are used not only within …

Life cycle option appraisal in retrofit buildings

OO Tokede, PED Love, DD Ahiaga-Dagbui - Energy and Buildings, 2018 - Elsevier
Determining the economic benefits of building asset retrofitting has been a difficult task due
to the paucity of reliable data and the inherent limitations of existing life-cycle costing …

Dynamic simulation model for project change-management policies: Engineering project case

R Ansari - Journal of Construction Engineering and Management, 2019 - ascelibrary.org
The management and control of megaprojects are incredibly complex. Difficulties occur due
to unexpected changes and errors. To effectively manage disruptive changes, reworks, and …

A decision support system for evaluating effects of Feed-in Tariff mechanism: Dynamic modeling of Malaysia's electricity generation mix

MS Shahmohammadi, RM Yusuff, S Keyhanian… - Applied Energy, 2015 - Elsevier
Malaysia has abundant potentials of renewable energy resources mainly because of its rich
agriculture that makes high potential in bio-power and its tropical climate, which provides …