Analysis of the effects of incentives to complementary between energy sources on the electricity market: a system dynamics approach
52 páginas
- Autores:
-
Aristizábal Gutiérrez, Sofía
- Tipo de recurso:
- Fecha de publicación:
- 2024
- Institución:
- Universidad EIA .
- Repositorio:
- Repositorio EIA .
- Idioma:
- eng
- OAI Identifier:
- oai:repository.eia.edu.co:11190/6854
- Acceso en línea:
- https://repository.eia.edu.co/handle/11190/6854
- Palabra clave:
- Electricity markets
Reliability
Renewable energy
Complementarity
Energy transition
Capacity expansion
- Rights
- openAccess
- License
- Derechos Reservados - Universidad EIA, 2024
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Analysis of the effects of incentives to complementary between energy sources on the electricity market: a system dynamics approach |
| title |
Analysis of the effects of incentives to complementary between energy sources on the electricity market: a system dynamics approach |
| spellingShingle |
Analysis of the effects of incentives to complementary between energy sources on the electricity market: a system dynamics approach Electricity markets Reliability Renewable energy Complementarity Energy transition Capacity expansion |
| title_short |
Analysis of the effects of incentives to complementary between energy sources on the electricity market: a system dynamics approach |
| title_full |
Analysis of the effects of incentives to complementary between energy sources on the electricity market: a system dynamics approach |
| title_fullStr |
Analysis of the effects of incentives to complementary between energy sources on the electricity market: a system dynamics approach |
| title_full_unstemmed |
Analysis of the effects of incentives to complementary between energy sources on the electricity market: a system dynamics approach |
| title_sort |
Analysis of the effects of incentives to complementary between energy sources on the electricity market: a system dynamics approach |
| dc.creator.fl_str_mv |
Aristizábal Gutiérrez, Sofía |
| dc.contributor.advisor.none.fl_str_mv |
Ochoa, María Camila |
| dc.contributor.author.none.fl_str_mv |
Aristizábal Gutiérrez, Sofía |
| dc.subject.proposal.eng.fl_str_mv |
Electricity markets Reliability Renewable energy Complementarity Energy transition Capacity expansion |
| topic |
Electricity markets Reliability Renewable energy Complementarity Energy transition Capacity expansion |
| description |
52 páginas |
| publishDate |
2024 |
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2024 |
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2025-01-17T19:31:57Z |
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2025-01-17T19:31:57Z |
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Trabajo de grado - Maestría |
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eng |
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eng |
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Derechos Reservados - Universidad EIA, 2024 |
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Atribución-NoComercial 4.0 Internacional (CC BY-NC 4.0) |
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Universidad EIA |
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Otro |
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Escuela de Ingeniería y Ciencias Básicas |
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Envigado (Antioquia, Colombia) |
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Universidad EIA |
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Ochoa, María CamilaAristizábal Gutiérrez, Sofía2025-01-17T19:31:57Z2025-01-17T19:31:57Z2024https://repository.eia.edu.co/handle/11190/685452 páginasABSTRACT:The integration of non-conventional renewable energy sources (NRES) into electricity systems introduces variability and intermittency, challenging power systems traditionally designed for stable and predictable generation. These challenges require policymakers to develop strategies aimed at maintaining reliability, affordability, and sustainability while increasing the share of NRES. One promising solution is leveraging the complementary nature of NRES to mitigate variability. However, the translation of this complementarity into effective policy and incentive structures remains underexplored in existing research. This study addresses this gap by employing System Dynamics modeling to analyze the effects of incentivizing complementarity between NRES and electricity system availability. In contrast to traditional methods, which assess complementarity between two or more generation sources, this study evaluates how individual sources complement the system’s availability. The resulting complementarity values are used to guide the design of incentives for new NRES investments. Two metrics, Pearson correlation and the Total Variation Metric (TVM), were analyzed to assess their effectiveness in measuring complementarity. The model is applied to a case study of the Colombian electricity market, a system characterized by its dependence on hydropower and substantial potential for NRES integration. The findings suggest that incentivizing complementarity can enhance grid stability, reduce dependence on thermal generation, and lower overall system costs. Future research should refine these metrics to better account for minimum availability and focus on short-term variations to further optimize system flexibility and resilience.MaestríaOtroapplication/pdfengUniversidad EIAOtroEscuela de Ingeniería y Ciencias BásicasEnvigado (Antioquia, Colombia)Derechos Reservados - Universidad EIA, 2024Atribución-NoComercial 4.0 Internacional (CC BY-NC 4.0)info:eu-repo/semantics/openAccesshttp://purl.org/coar/access_right/c_abf2Analysis of the effects of incentives to complementary between energy sources on the electricity market: a system dynamics approachTrabajo de grado - Maestríainfo:eu-repo/semantics/masterThesisinfo:eu-repo/semantics/publishedVersionTexthttp://purl.org/redcol/resource_type/TMhttp://purl.org/coar/version/c_970fb48d4fbd8a85Electricity marketsReliabilityRenewable energyComplementarityEnergy transitionCapacity expansionPublicationLICENSElicense.txtlicense.txttext/plain; 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