Non-Smooth Dynamics in Energy Market Models: A Complex Approximation From System Dynamics and Dynamical Systems Approach

Non-Smooth Dynamics in Energy Market Models: A Complex Approximation From System Dynamics and Dynamical Systems Approach

This paper reports a general model that describes the supply and demand of electricity in a national market based on the system dynamics (SD) approach. From the resulting SD model, it derives piecewise smooth (non-smooth) differential equations from the nonlinear functions and feedback cycles of the...

Full description

Bibliographic Details
Main Authors: Johnny Valencia-Calvo, Gerard Olivar-Tost, Jose Daniel Morcillo-Bastidas, Carlos Jaime Franco-Cardona, Isaac Dyner
Format: Article
Language:English
Published: IEEE 2020-01-01
Series:IEEE Access
Subjects:
Complexity
dynamic systems
energy markets
energy policy
Fillipov systems
modeling
Online Access:https://ieeexplore.ieee.org/document/9139234/

Internet

https://ieeexplore.ieee.org/document/9139234/

Similar Items