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    The Development Of A System Dynamics Model For Electricity Generation Expansion In New Zealand (2010)

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    http://hdl.handle.net/10092/5047
    
    Publisher
    University of Canterbury. Electrical and Computer Engineering
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    • Engineering: Conference Contributions [2294]
    Authors
    Jalal, T.S.
    Bodger, P.
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    Abstract

    Many countries exhibit cycles of shortfall and overbuilding (bust and boom cycles) of their installed generation capacity after they restructured their electricity industries in the late 1980s. A similar pattern has also been observed in New Zealand after its electricity industry was restructured in 1987, including power shortages in 1992, 2001, 2003 and 2008. Shortages of power supply are inconvenient to consumers whereas on the other hand, overbuilding indicates an inefficient allocation of resources. This study proposes a system dynamics model to study the problem. Advantages of this model over other approaches are discussed in this paper. The model is customised to incorporate the market structure and electricity industry in New Zealand, including the development phases of constructing a power plant under the Resource Management Act (RMA). The model is then used to study suitable precautionary frameworks that can be used to prevent power shortages and aid in creating an environment for optimum and timely generation expansion in the future. Possible future scenarios such as penetration of electric cars and adverse weather conditions are also included in this study. Some preliminary results are included and discussed.

    Citation
    Jalal, T.S., Bodger, P. (2010) The Development Of A System Dynamics Model For Electricity Generation Expansion In New Zealand. Christchurch, New Zealand: 2010 Electricity Engineers' Association (EEA) Conference, 17-18 Jun 2010.
    This citation is automatically generated and may be unreliable. Use as a guide only.
    ANZSRC Fields of Research
    09 - Engineering::0906 - Electrical and Electronic Engineering::090607 - Power and Energy Systems Engineering (excl. Renewable Power)
    Rights
    https://hdl.handle.net/10092/17651

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    • The Development of a System Dynamics Model to Evaluate Electricity Generation Expansion In New Zealand 

      Syed Jalal, T.; Bodger, P. (University of Canterbury. Electrical and Computer Engineering, 2010)
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    • Evaluating the Impacts of Generation Capacity Cycles in New Zealand 

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      Since the commencement of the Electricity Market(NZEM) in October 1996, generation expansion in New Zealand is made based on profit anticipation from the wholesale electricity spot price rather than through coordinated ...
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