Title :
Use of system dynamics for studying a restructured West African power pool
Author :
Gebremicael, M. ; Yuan, H. ; Tomsovic, K.
Author_Institution :
Sch. of EECS, Washington State Univ., Pullman, WA, USA
Abstract :
Our research group in this project has been developing models to understand the long-term interactions between investment and performance in the electric power system. We discuss some results and simple models in applying these tools to understand the expected pattern of investment in a proposed West African Power Pool (WAPP). Results show that the interconnection between countries has a clear impact on the local system prices and investments in new construction but there will still be large regional variations in prices and new construction. We consider impacts on regional transmission investment.
Keywords :
costing; investment; power markets; power system economics; investment; local system prices; regional transmission investment; restructured West African power pool; system dynamics; Electricity supply industry; Electricity supply industry deregulation; Feedback; Investments; Power generation; Power markets; Power system dynamics; Power system interconnection; Power system modeling; Power system planning; Deregulation; investor behavior; market models; power system planning; system dynamics;
Conference_Titel :
Power & Energy Society General Meeting, 2009. PES '09. IEEE
Conference_Location :
Calgary, AB
Print_ISBN :
978-1-4244-4241-6
DOI :
10.1109/PES.2009.5275368