Development of the Latvian Energy Sector Competitiveness System Dynamic Model
Business and Management 2016: 9th International Scientific Conference 2016
Valērijs Skribans, Māris Balodis

One of the problems of the Latvian economy is related to the energy sector. In this sector the increas-ing competition is related to regional market expansion, building new transmission connection; fuels and electricity market price conjuncture significant change; energy efficiency requirements increas-ing, renewable energy requirements increasing and new market regulatory mechanisms. The system dynamics model can solve sector competitiveness problems. With the help of the developed model, it has been estimated that increase in total electricity consumption (around 10 %) can be expected in Latvia during the next 10 years. Decline in electricity loss and electricity imports is predicted. In-crease of the capacity of production means and the amount of the produced energy is being forecast-ed.


Atslēgas vārdi
system dynamic, power supply, competitiveness, simulation, renewable energy sources, forecasting
DOI
10.3846/bm.2016.12
Hipersaite
http://bm.vgtu.lt/index.php/bm/bm_2016/paper/view/499

Skribans, V., Balodis, M. Development of the Latvian Energy Sector Competitiveness System Dynamic Model. No: Business and Management 2016: 9th International Scientific Conference, Lietuva, Vilnius, 12.-13. maijs, 2016. Vilnius: VGTU Press, 2016, 1.-10.lpp. e-ISBN 978-609-457-921-9. e-ISSN 2029-929X. Pieejams: doi:10.3846/bm.2016.12

Publikācijas valoda
English (en)
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