This paper provides a review on modeling electricity markets with System Dynamics (SD) focusing on deregulated electricity market models. First the SD method is classified within the wide field of electricity market modeling. Then all distinctive properties of the SD method in this context are...

The aim of this research in progress is to examine the effect of CO2-emission trading and the intensified application of renewable energy sources to the liberalized power market. The research approach applies methods from a combination of economics, natural sciences and computer science in order...