2018
DOI: 10.1016/j.apenergy.2018.02.104
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Simulation of demand growth scenarios in the Colombian electricity market: An integration of system dynamics and dynamic systems

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Cited by 35 publications
(19 citation statements)
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“…But, according to the TIAM ECM model, by 2050, almost 75 % of electricity should be generated from wind, about 5 % from solar and only 20 % from hydro. Such an increase in electricity capacity is well explained at [2] and [24] where demand growth by 2050 is expected to double the country installed capacity in 2016.…”
Section: Resultsmentioning
confidence: 99%
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“…But, according to the TIAM ECM model, by 2050, almost 75 % of electricity should be generated from wind, about 5 % from solar and only 20 % from hydro. Such an increase in electricity capacity is well explained at [2] and [24] where demand growth by 2050 is expected to double the country installed capacity in 2016.…”
Section: Resultsmentioning
confidence: 99%
“…This includes actions that must be taken in the short and midterm to set in motion the huge infrastructure changes that could allow energy-related emissions to decrease until acceptable levels after 2030, due to big investments in renewable energy facilities, energy efficiency and changes related to transportation technologies. Consequently, Colombia's energy -related emissions are expected to grow in the immediate future until 2030, and then decline through to 2050 [24].…”
Section: Methodsmentioning
confidence: 99%
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“…At present, the most commonly used modelling software for SD is STELLA, Vensim, Ithink, Powersim, etc. [42][43][44][45]. We chose to use Vensim DSS × 64 SD modelling software based on the research purpose and simulation requirements of this study.…”
Section: Sd Modellingmentioning
confidence: 99%
“…Several studies were conducted for short or/and longterm electricity demand projection that can be categorized into six types: regression based [29], autoregressive integrated moving average (ARIMA) [30], artificial neural networks [31], fuzzy logic [32], support vector [33], and system dynamics models [34]. The system dynamics approach is able to handle the dynamic evolution of vital energy forecasting variables with feedback loops among each other [35] and allows the incorporation of stochastic behavior [36].…”
Section: Electricity Demand Modelmentioning
confidence: 99%