IDEAS home Printed from https://ideas.repec.org/a/igg/jsda00/v6y2017i2p1-30.html
   My bibliography  Save this article

A System Dynamics Model for the Analysis of the Deregulation in Electricity Market

Author

Listed:
  • Arezou Gholizad

    (Industrial Engineering Department, Islamic Azad University, Tehran, Iran)

  • Loza Ahmadi

    (Construction Management Department, Curtin University, Australia)

  • Erfan Hassannayebi

    (Industrial Engineering Department, Islamic Azad University (Central Tehran Branch), Tehran, Iran)

  • Mehrdad Memarpour

    (Industrial Engineering Department, Tarbiat Modares University (TMU), Tehran, Iran)

  • Masoud Shakibayifar

    (Department of Transportation Engineering and Planning, Iran University of Science & Technology, Tehran, Iran)

Abstract

The process of privatization of the electricity market involves the serious needs of the industry in order to increase productivity, attract private investment and partnerships. If current trends continue, the total investment needed for the industry is not to be able to be supplied from domestic sources. The participation of the private sector in capacity expansion is essential. In this study, a system dynamic approach is presented to study the pricing strategies in electricity market and also to analyze the rate of load consumption in Iranian electricity market. The proposed model enables the decision-maker to assess the effect of prices on the average rate of energy consumption as well as to simulate and predict the behavior of the model with/without taking into account subsidies to the electricity sales rate. The results show that capacity under construction is of high amplitude fluctuations. Moreover, the energy consumption increases with increasing capacity growth.

Suggested Citation

  • 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.
    • Handle: RePEc:igg:jsda00:v:6:y:2017:i:2:p:1-30
    as

    Download full text from publisher

    File URL: http://services.igi-global.com/resolvedoi/resolve.aspx?doi=10.4018/IJSDA.2017040101
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Pablo David Necoechea-Porras & Asunción López & Juan Carlos Salazar-Elena, 2021. "Deregulation in the Energy Sector and Its Economic Effects on the Power Sector: A Literature Review," Sustainability, MDPI, vol. 13(6), pages 1-23, March.
    2. Ali Shahabi & Sadigh Raissi & Kaveh Khalili-Damghani & Meysam Rafei, 2021. "Designing a resilient skip-stop schedule in rapid rail transit using a simulation-based optimization methodology," Operational Research, Springer, vol. 21(3), pages 1691-1721, September.
    3. Aviad Navon & Gefen Ben Yosef & Ram Machlev & Shmuel Shapira & Nilanjan Roy Chowdhury & Juri Belikov & Ariel Orda & Yoash Levron, 2020. "Applications of Game Theory to Design and Operation of Modern Power Systems: A Comprehensive Review," Energies, MDPI, vol. 13(15), pages 1-35, August.
    4. Qudrat-Ullah, Hassan, 2022. "A review and analysis of renewable energy policies and CO2 emissions of Pakistan," Energy, Elsevier, vol. 238(PB).
    5. Saeed Azimi & Erfan Hassannayebi & Morteza Boroun & Mohammad Tahmoures, 2020. "Probabilistic Analysis of Long-Term Climate Drought Using Steady-State Markov Chain Approach," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 34(15), pages 4703-4724, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    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:igg:jsda00:v:6:y:2017:i:2:p:1-30. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Journal Editor (email available below). General contact details of provider: https://www.igi-global.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.