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What is Installed Capacity

Chapter 7
Handbook of Research on Modeling, Analysis, and Control of Complex Systems
The maximum electric power generation capacity available of the system.
Published in Chapter:
Using System Dynamics to Analyse the Cooperation and Reputation in the Electricity Industry
Lina Carvajal-Prieto (Universidad Piloto de Colombia, Colombia) and Milton M. Herrera (Universidad Militar Nueva Granada, Colombia)
Copyright: © 2021 |Pages: 20
DOI: 10.4018/978-1-7998-5788-4.ch007
Abstract
When different stakeholders work together, they can implement a strategy to improve the performance of the electricity industry. This chapter shows how the cooperation and reputation influence on the electricity industry. A simulation model was developed to illustrate how related variables such as altruism, reputation, and strategic alliances contribute to promote the renewable energy industry. To do this, the chapter illustrates a case study for the electricity market in Colombia. The results show a novel perspective that contributes to marketers and engineers in the analysis of the relationship between cooperation and reputation in electricity firms.
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