The development of a system dynamics model to evaluate electricity generation expansion in New Zealand

• Main Authors: Jalal T.S., Bodger P.
• Other Authors: 16022044400
• Format: Conference paper
• Published: 2023
• Subjects: Capacity cycles; Generation expansion planning; Policy evaluation; System dynamics; Electric industry; Electricity; Expansion; System theory; Boom and bust cycles; Electricity generation; Electricity industry; Generation capacity; Generation expansion; Market structures; New zealand; Similar pattern; System dynamics model; Electric generators

Many countries exhibited cycles of shortfall and overbuilding (bust and boom) of their installed generation capacity after they restructured their electricity industries. A similar pattern has also been observed in New Zealand after its electricity industry was restructured in 1987. This study propo...