SD FOR ASSESSING THE DIFFUSION OF WIND POWER IN LATIN AMERICA: THE COLOMBIAN CASE

摘要

Given the importance of renewable energy for mitigating Global Warming, without hampering development, this paper explores the feasibility of wind farms in developing economies. The analysis is based on an SD model of electricity markets that represent the behaviour of the agents involved and their decision to invest according to market and/or regulatory incentives - the likely expansion of wind farms depend on such incentives. This research is carried out in the context of the Colombian electricity market and accordingly we take into account likely synergies that may favour the potential exploitation of wind farms in this country. This paper examines how soft regulation may efficiently promote the penetration of wind farms in Colombia.