<abstract xmlns="http://www.w3.org/1999/xhtml">Nowadays, energy companies operate in a highly competitive environment. To maintain the leader position, as a reaction to various changes energy companies must take appropriate steps in a timely manner.Correct assessment of the situation ensures implementation of adequate measures. The situation can be assessed correctly by using a complex approach and/or analysing it according to the specific circumstances. The complex approach also envisages designing of an appropriate model, which studies the impact of changes on the research object, while dealing with the object within a system and as part of the system.The article gives a theoretical background of the system dynamics model in order to evaluate the impact of integration of renewable energy sources (RES) on the operational efficiency of energy supply facilities (power and heat supply) on the national and regional levels, as well as provides the first modelling results.</abstract>

Nowadays, energy companies operate in a highly competitive environment. To maintain the leader position, as a reaction to various changes energy companies must take appropriate steps in a timely manner.Correct assessment of the situation ensures implementation of adequate measures. The situation can be assessed correctly by using a complex approach and/or analysing it according to the specific circumstances. The complex approach also envisages designing of an appropriate model, which studies the impact of changes on the research object, while dealing with the object within a system and as part of the system.The article gives a theoretical background of the system dynamics model in order to evaluate the impact of integration of renewable energy sources (RES) on the operational efficiency of energy supply facilities (power and heat supply) on the national and regional levels, as well as provides the first modelling results.

Development of a System Dynamics Model for Evaluation of the Impact of Integration of Renewable Energy Sources on the Operational Efficiency of Energy Supply Facilities: Theoretical Background

Economics and Business

This work is licensed under the Creative Commons Attribution 4.0 Public License.

Nowadays, energy companies operate in a highly competitive environment. To maintain the leader position, as a reaction to various changes energy companies must...

Development of a System Dynamics Model for Evaluation of the Impact of Integration of Renewable Energy Sources on the Operational Efficiency of Energy Supply Facilities: Theoretical Background

Published Online: Jun 10, 2016

Page range: 4 - 12

DOI: https://doi.org/10.1515/eb-2016-0001

Keywords
Efficiency, heat supply, power supply, renewable energy sources, research object, system dynamics model

© 2016

This work is licensed under the Creative Commons Attribution 4.0 Public License.

Development of a System Dynamics Model for Evaluation of the Impact of Integration of Renewable Energy Sources on the Operational Efficiency of Energy Supply Facilities: Theoretical Background

Published Online: Jun 10, 2016

Page range: 4 - 12

DOI: https://doi.org/10.1515/eb-2016-0001

KeywordsEfficiency, heat supply, power supply, renewable energy sources, research object, system dynamics model

© 2016

This work is licensed under the Creative Commons Attribution 4.0 Public License.

Keywords
Efficiency, heat supply, power supply, renewable energy sources, research object, system dynamics model