A system dynamics model has been used in policy evaluation for the U.S. investor-owned electric utility industry. We pro vide a brief description of the model assumptions and major applications. Illustrative results include (1) an analysis of the advantages of constructing power plants with short lead times and (2) the effects on electricity rates of an overbuilding pro gram designed to reduce dependence on oil or natural gas. We conclude with a discussion of model validation and current research.
AnonymousThe Utilities are Building SmallBusiness Week (March 17, 1980), 148-149
2.
AnonymousSouthern California Edison Raises Commitment to Alternative Energy in "Major Change " Wall Street Journal (October 20, 1980), 5-6
3.
Ford, A.A Dynamic Model of the United States Electric Utility Industry, 1950-2010 Report no DSD-28 System Dynamics Group, Dartmouth College , Hanover, New Hampshire (June 1, 1975)
4.
Ford, A.Simulating the Impact of Regulatory Changes on Electric UtilitiesSimulation301( 1978), 1-8
5.
Ford, A.Direct testimony for the Attorney General for the State of New Mexico Case no 1454Public Services Commission of New Mexico (March 1979).
6.
Ford, A.Direct testimony for the Attorney General for the State of New Mexico Case no 1577Public Service Commission of New Mexico (June 1981)
7.
Ford, A.Lessons from Case 1454Presented at the 1981 System Dynamics Research Conference, The Institute on Man and Science, Rensselaerville, New York (October 1981)
8.
Ford, A.Short Lead Time Technologies as a Defense Against Demand Uncertainty In The Strategic Planning Process in Electric Utilities (J Plummer, E Oat-man , and P Gupta, eds ) (in press)
9.
Ford, A. and Mckay, M.A Method of Quantifying Uncertainty in Energy Model Forecasts Report no LA-UR-82-1423Los Alamos National Laboratory, Los Alamos, New Mexico (November 1982)
10.
Ford, A. and Mann, G.Summary of the Workshop on Regulatory-Finanacial Models of the U S Electric Utility Industry ReportLos Alamos National Laboratory , Los Alamos, New Mexico (in press)
11.
Ford, A. and Polyzou, A.Oil Backout and the Price of ElectricityEnergy75 (1982), 429-448
12.
Ford, A. and Youngblood, A.Technical Documentation of the Electric Utility Policy and Planning Analysis Model, Version 4 Report no LA-9347-MSLos Alamos National Laboratory, Los Alamos, New Mexico (April 1982)
13.
Ford, A. and Youngblood, A.Simulating the Planning Advantages of Shorter Lead Time Generating TechnologiesEnergy Systems and Policy64 (1982), 341-374
14.
Ford, A. and Youngblood, A.Simulating the Spiral of Impossibility in the Electric Utility IndustryEnergy Policy (March 1983, in press)
Geraghty, D. and Lyneis, J.Feedback Loops The Effect of External Agents on Utility PerformancePublic Utilities Fortnightly (September 2, 1982)
17.
Goodman, M.R.Study Notes in System DynamicsWright-Allen Press, Cambridge, Massachusetts (1978)
18.
Greenberger, M., Crenson, M., and Crissey, B.Models in the Policy ProcessRussel Sage Foundation, New York ( 1976)
19.
Harington, P.P. and Jacobsen, J.J. Elsa, an Electric Power Supply Analysis Model for the Pacific Northwest Report no BNWL 2084Battelle Pacific Northwest Laboratory, Richland, Washington (November 1976)
20.
House, W. and Mcleod, J.Large-Scale Models for Policy EvaluationWiley-Interscience , New York (1977)
21.
Pearson, O. and Guilarte, P.Summary of the Workshop on Regulatory-Financial Models of the U S Electric Utility IndustryReport Los Alamos National Laboratory , Los Alamos, New Mexico (in press)
22.
Roberts, E.B.Managerial Applications of System DynamicsMIT Press, Cambridge, Massachusetts ( 1978)
23.
Shaw, R.Case Study Comparison of Utility Corporate Models Report no EA-2065Electric Power Research Institute, 3412 Hillview Avenue, Palo Alto, California (October 1981 )
24.
Stover, J.G. , Hayward, W. , and Becker, H.S.Incorporating Uncertainty in Energy Supply Models Report no EA-703Electric Power Research Institute , prepared by the Futures Group, Glastonbury, Connecticut (February 1978)
25.
Torre, A.An Analysis of Financial and Regulatory Models of Electric Utilities Research report no 12 Center for Energy Studies, University of Texas , Austin, Texas (April 1981)