Economic growth is main cause of environmental pollution and has been identified as a big threat to sustainable development. Considering the enormous role of electricity in the national economy, it is essential to study the effect of environmental regulations on the electricity sector. This...

Coal is the dominating energy source in China. Although the supply and demand of coal has kept equilibrium along with China's continuous and steady economic development in recent years, the sustainable production ability has been seriously decreasing. In this paper, a system dynamics model is...

Most of the recent numerical market partial equilibrium models of natural gas markets use imperfect competition assumptions. These models are typically embedded with a simple representation of the demand side, usually a single-variable, linear, inverse demand function, that does not capture any...

This paper presents a model to solve the Generation Expansion Planning (GEP), problem in competitive electricity markets. The developed approach recognizes the presence of several generation agents aiming at maximizing their profits and that the planning environment is influenced by...

A new long-term technology valuation method for renewable energy technologies that combines system dynamics with Monte Carlo simulation is proposed. Existing valuation methods using surveys or cash flows are suitable for technologies characterized by short lifecycles and little uncertainty, but...

This paper describes a study that combined traditional Factor Decomposition method and System Dynamics (SD) modeling in the quest to predict the pattern of future oil consumption per capita (OCPC).

This paper proposes a decentralized market-based model for long-term capacity investment decisions in a liberalized electricity market. Investment decisions are fundamentally based on total revenues gained by investors. In most electricity markets, the complementary mechanisms are designed to...

Iron and steel industry is the most energy intensive industrial sector in Iran. Long time subsidized energy has led to low energy efficiency in this industry. The sudden subsidy reform of energy prices in Iran is expected to have a great impact on steel production and energy consumption. A...

Energy consumption and efficiency are important in regional low-carbon economic development and environmental protection. This paper provides a system dynamics and fuzzy multi-objective programming integrated approach for the prediction of energy consumption and CO2 emissions at a regional...