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Development of a System Dynamics Model for Evaluation of the Impact of Integration of Renewable Energy Sources on the Operational Efficiency of Energy Supply Facilities: Theoretical Background

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  • Balodis Māris
  • Skribans Valērijs
  • Ivanova Poļina

    (Riga Technical University)

Abstract

Nowadays, energy companies operate in a highly competitive environment. To maintain the leader position, as a reaction to various changes energy companies must take appropriate steps in a timely manner.

Suggested Citation

  • Balodis Māris & Skribans Valērijs & Ivanova Poļina, 2016. "Development of a System Dynamics Model for Evaluation of the Impact of Integration of Renewable Energy Sources on the Operational Efficiency of Energy Supply Facilities: Theoretical Background," Economics and Business, Sciendo, vol. 28(1), pages 4-12, April.
    • Handle: RePEc:vrs:ecobus:v:28:y:2016:i:1:p:4-12:n:1
    DOI: 10.1515/eb-2016-0001
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    References listed on IDEAS

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    1. Andrea Herbst & Felipe Andrés Toro & Felix Reitze & Eberhard Jochem, 2012. "Introduction to Energy Systems Modelling," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 148(II), pages 111-135, June.
    2. Skribans, Valerijs, 2010. "Development of the Latvian energy sector system dynamic model," MPRA Paper 25067, University Library of Munich, Germany.
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