Advertisement

Understanding the Physics of Stocks and Flows

  • Hassan Qudrat-UllahEmail author
Chapter
  • 456 Downloads
Part of the SpringerBriefs in Complexity book series (BRIEFSCOMPLEXITY)

Abstract

Human decision making albeit energy policy making has mostly been about managing various stocks (e.g., capital, people, money, technology). These stocks can only be managed by controlling their flows (i.e., decision makers can influence these stocks by regulating flows). These stocks and flows over time give rise to various dynamics of an energy system (i.e., imbalance between demand and supply of electricity increases (or decreases), renewable electricity generation capacity increases but with an unexpected rise in electricity price). In this chapter, we begin to unfold the physics of underlying stocks and flows of various feedback loops of energy systems.

Keywords

Electricity Increases Unexpected Rise Material Delays Feedback loopsFeedback Loops physicsPhysics 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

References

  1. Qudrat-Ullah, H. (2005). MDESRAP: A model for understanding the dynamics of electricity supply, resources and pollution. International Journal of Global Energy Issues, 23(1), 1–13.Google Scholar
  2. Qudrat-Ullah, H. (2015). Independent power (or pollution) producers? Electricity Reforms and IPPs in Pakistan, Energy, 83(1), 240–251.Google Scholar
  3. Richardson, G. P., & Pugh II., A. B. (1981). Introduction to system dynamics modeling with DYNAMO. Cambridge, MA: The MIT Press. Reprinted by Pegasus Communications, Cambridge, MA: USA.Google Scholar
  4. Sterman, J. (2000). Business dynamics: Systems thinking and modeling for a complex world. NY, USA: McGraw-Hill.Google Scholar

Copyright information

© The Author(s) 2016

Authors and Affiliations

  1. 1.York UniversityTorontoCanada

Personalised recommendations