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Physics of Stocks and Flows in Action

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

Abstract

A fairly large number of energy policy models have been developed by using system dynamics approach over a period of about five decades. In this chapter, we present a snapshot view of some selected models to see how these stocks and flows-based models have contributed to the better understanding of various energy policy related issues. Specifically, we will describe: (i) the context and objective (i.e., who and why a model was developed), (ii) a brief overview of model structure (i.e., identification of its key structural elements), (iii) the validity of the model (i.e., how the validation, if any, of the model was conducted), and (iv) key insights and major policy implications.

Keywords

Capital Asset Electricity Sector Thermal Generation Power Authority Flexible Supply 
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.

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Copyright information

© The Author(s) 2016

Authors and Affiliations

  1. 1.York UniversityTorontoCanada

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