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868. Analysing load curve variations in the energy transition – a simulation approach
Invited abstract in session MB-19: OR in Electricity Markets, stream OR in Energy.
Monday, 10:30-12:00Room: 44 (building: 116)
Authors (first author is the speaker)
1. | Maritza Jimenez
|
Departamento de Ingeniería de la Organización, Universidad Nacional de Colombia | |
2. | Carlos Jaime Franco
|
Ciencias de la Computación y la Decisión, Universidad Nacional de Colombia | |
3. | Isaac Dyner
|
Universidad Jorge Tadeo Lozano |
Abstract
The energy transition has implied changes in the behavioural dynamics of the electricity market participants, both from the energy supply and demand perspective. In this regard, it is important to analyse the possible market effects of these changes in the medium and long term. Thus, simulation is presented as a relevant tool for analysis as it allows us to explore the effect of pattern changes based on possible future scenarios. This paper uses the system dynamics simulation approach to evaluate the effect of changes in demand-side consumption dynamics in developing economies by assessing the load curve. The results show that some demand-side management alternatives have greater impacts than others on the load curve behaviours and that the combination of different participation alternatives could have challenging contributions to the technical performance of the intra-day market.
Keywords
- Electricity Markets
- System Dynamics and Theory
- Simulation
Status: accepted
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