2012•Unpublished venueRequires access

Comparison of Demand Side Control and Supply Side Development Of Electricity Energy by System Dynamics Approach

Nasim Nahavandi, Kian Najafzadeh

Abstract

1 ABSTRACT Population growth and industrial development cause the growth in electricity demand. Supply of this energy needs investment for installation of new power stations and more fuel consumption with different consequences. Furthermore, Demand side management is an approach to rationalize and reduce the rate of demand growth. With attention to the cause and effect nature in energy sector, interaction of variables in this sector, and also its complexities; it is required that the policies be tested by some advanced tools. In this paper, a system dynamics based model has been presented. By this model, the results of two approaches-demand side control and supply side development can be compared.

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Key concepts: Demand side, Supply side, Electricity, System dynamics, Investment (military), Consumption (sociology), Economics, Control (management)