Generation expansion planning (GEP)–A long-term approach using system dynamics and genetic algorithms (GAs)

AJC Pereira, JT Saraiva - Energy, 2011 - Elsevier
This paper presents a model to solve the Generation Expansion Planning (GEP), problem in
competitive electricity markets. The developed approach recognizes the presence of several …

Combining game theory concepts and system dynamics for evaluating renewable electricity development in fossil-fuel-rich countries in the Middle East and North …

F Dianat, V Khodakarami, SH Hosseini, H Shakouri - Renewable Energy, 2022 - Elsevier
Renewable electricity development is not a critical concern in fossil-fuel-rich countries in the
Middle East and North Africa, where fossil fuels are abundant and accessible. As a result …

The effect of research and development incentive on wind power investment, a system dynamics approach

M Esmaieli, M Ahmadian - Renewable Energy, 2018 - Elsevier
Due to high and unstable fossil fuel prices, air pollution arising from conventional power
plants, and the need for higher levels of energy security, the necessity of using renewable …

Benefits of chronological optimization in capacity planning for electricity markets

CI Nweke, F Leanez, GR Drayton… - 2012 IEEE international …, 2012 - ieeexplore.ieee.org
The applications of optimization techniques in planning exercises with the aid of decision-
support tools has benefited from improvements in computing performance over the years …

Dynamic analysis of various investment incentives and regional capacity assignment in Iranian electricity market

M Hasani-Marzooni, SH Hosseini - Energy policy, 2013 - Elsevier
This paper develops a system dynamics model to analyze the impacts of different kinds of
capacity payment as investment incentive mechanisms in Iranian electricity market. Since it …

The Finnish power market: Are imports from Russia low-cost?

C Ochoa, O Gore - Energy Policy, 2015 - Elsevier
Electricity market integration of high-and low-price areas is expected to bring benefits to the
consumers in a high-price area. However, these potential benefits are highly dependent on …

Dynamic modeling to analyze the impacts of carbon reduction policies, Iran's electricity industry

S Azizi, R Radfar, H Nikoomaram… - Environmental …, 2023 - Springer
Sustainable development and reducing greenhouse gas emissions require optimizing the
structure of energy production as the main factor in the emission of pollutants in Iran's …

Short-term market power assessment in a long-term dynamic modeling of capacity investment

M Hasani-Marzooni, SH Hosseini - IEEE Transactions on Power …, 2012 - ieeexplore.ieee.org
This paper proposes a dynamic time simulation model for long-term generation capacity
investment decisions in the presence of either perfect or imperfect electricity market. The …

Low-carbon development strategy for the West African electricity system: preliminary assessment using System dynamics approach

AS Momodu, A Addo, JFK Akinbami… - Energy, Sustainability and …, 2017 - Springer
Background Policy makers seek to understand the trade-offs needed between economic
growth and climate change. This provides the context to explore low-carbon development …

A system dynamics analysis of the long run investment in market‐based electric generation expansion with renewable resources

A Movahednasab, M Rashidinejad… - … on Electrical Energy …, 2017 - Wiley Online Library
Providing enough generation capacity is a critical issue in power systems, which depends
on the amount of invested resources by the firms. Restructuring of the electrical power …