Question: Develop a system Dynamics approach to understand the dynamic operational behaviours of a smart Grid system using anylogic. This is by identifying the key factors

Develop a system Dynamics approach to understand the dynamic operational behaviours of a smart Grid system using anylogic. This is by identifying the key factors influencing its performance. Also exploring the significance of flexibility management in supporting balance in smart grid systems. Some of the aspects to be focused are energy demand dynamics, distributed energy resources, electric vehicle load, demand response programs and cyber security implications.

Please use Anylogic

some of the variables, stocks and flows that are expected are:

Total power generated

Total Consumption

Renewable resources

conventional power generation

Production rate

consumption rate

Electric Vehicle

EV charging rate

operating cost

Total operating cost

price

Total Revenue

factors affecting consumption rate : population, weather industrialization etc

price per mwh

Demand Side Response

Prosumer

and some othe things you can add or remove to make it work

Let it be a simple model

It will look like the 2 samples pasted below. very simple and not too complex.

Develop a system Dynamics approach to understand the dynamic operational behaviours of

a smart Grid system using anylogic. This is by identifying the key

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