2020
DOI: 10.3390/en13092381
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Analyzing the Hydroelectricity Variability on Power Markets from a System Dynamics and Dynamic Systems Perspective: Seasonality and ENSO Phenomenon

Abstract: In this paper, the variations in hydropower generation are addressed considering the seasonality and ENSO (El Niño-Southern Oscillation) episodes. The dynamic hypothesis and the stock-flow structure of the Colombian electricity market were analyzed. Moreover, its dynamic behavior was analyzed by using Dynamic Systems tools aimed at providing deep insight into the system. The MATLAB/Simulink model was used to evaluate the Colombian electricity market. Since we combine System Dynamics and Dynamic Systems, this m… Show more

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Cited by 7 publications
(11 citation statements)
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“…1 is shown in Fig. 2, and further explanation of all variables can be found in [12], [29], [30], [45].…”
Section: A the Sd Approachmentioning
confidence: 99%
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“…1 is shown in Fig. 2, and further explanation of all variables can be found in [12], [29], [30], [45].…”
Section: A the Sd Approachmentioning
confidence: 99%
“…The red and blue connectors indicate the information fluxes of the demand and supply sides, respectively. All variables are well explained in [12], [29], [30], [45].…”
Section: A the Sd Approachmentioning
confidence: 99%
See 3 more Smart Citations