A System Dynamics conceptual model on retail electricity supply and demand system to minimize retailer's cost in eastern Australia

Procedia Engineering

Volumn 49, Issue , 2012, Pages 330-337

  Rasjidin, Roesfiansjah ^a   Kumar, Arun ^a   Alam, Firoz ^a   Abosuliman, Shougi ^a  

^a RMIT UNIVERSITY   (Australia)

Author keywords

Conceptual model; Energy retail market; Retailer's cost; System Dynamics

Indexed keywords

EID: 84891586162     PISSN: 18777058     EISSN: None     Source Type: Conference Proceeding    
DOI: 10.1016/j.proeng.2012.10.145     Document Type: Conference Paper

References (14)

1. Energy in Australia 2011, Australian Government - Department of Resources, Energy and Tourism (RET), ABARES, Canberra, Australia. 2011. Available from www.abares.gov.au.
2. State of the Energy Market 2011, Australian Energy Regulator (AER), Melbourne, Australia. 2011. Available from www.aer.gov.au.
3. Gabriel, S.A., Conejo, A.J., Plazas, M.A., Balakrishnan, S., 2006, Optimal price and quantity determination for retail electric power contracts, IEEE Transactions on Power Systems 21(1), pp. 180-187.
4. Sterman, John D., 2000, Business dynamics: systems thinking and modeling for a complex world, McGraw-Hill, New York, USA.
5. st International Conference on Applied Sciences, Mathematics and Humanities - ICASMH, UiTM, pp.281-287.
6. Rasjidin, R., Kumar, A., Alam, F., Abosuliman, S.S., 2011. "A reverse logistics profitability system dynamics model of perishable medium volume returns in computer industry," Proceedings of International Conference on Advances in Industrial and Production Engineering - AIPE 2011, AMAE, pp.11-16.
7. Georgiadis, P., Vlachos, D., 2004, The effect of environmental parameters on product recovery, European Journal of Operational Research 157, pp. 449464.
8. Rasjidin, R., Kumar, A., Alam, F., 2012 " Conceptual modeling on environment sustainability of part recovery systems in computer industry," 10th ANZAM Operations, Supply Chain and Services Management Symposium. Melbourne, Australia, paper #C3-3.
9. State of the Energy Market 2009, Australian Energy Regulator (AER), Melbourne, Australia. 2009. Available from www.aer.gov.au.
10. An Introduction to Australia's National Electricity Market July 2010, Australian Energy Market Operator (AEMO), Melbourne, Australia. 2010. ISBN 0-646-41233-7. Available from www.aemo.com.au.
11. Victorian Annual Planning Report: Electricity and Gas Transmission Network Planning for Victoria, Australian Energy Market Operator (AEMO), Melbourne, Australia. 2011. ISSN 1839-1710. Available from www.aemo.com.au.
12. State of the Energy Market 2010, Australian Energy Regulator (AER), Melbourne, Australia. 2010. Available from www.aer.gov.au.
13. Cutler, N.J., Boerema, N.D., Macgill, I.F., Outhred, H.R., 2011, High penetration wind generation impacts on spot prices in the Australian National electricity market, Energy Policy 39, pp. 5939-5949.
14. Forrester, Jay W., 1999, Industrial dynamics, Pegasus Communications, Inc., Waltham, USA.