TOPOLOGICAL APPROACH TO ANALYSIS OF ELECTRICITY MARKET DESIGN

Анотація

In the systems theory, a topological approach is widely used as a research method to analyze the elements and their interconnections in complex systems. This approach is also a part of mathematical modeling in investigating the functioning of electric power systems. Regarding the analysis of electricity market models, this approach was applied in [1-3]. Due to the proven capabilities of the method to study specific properties, processes, and phenomena in the energy sector, it has been chosen to analyze Senegal's electricity market design. As Senegal is a developing country, electricity consumption is low but a strong tendency towards increasing electricity demand is observed in recent years caused by economic and demographic growth. However, there is a disparity in access to electricity grids between different types of consumers, for example, this access is difficult or absent for consumers in the rural and remote areas. For small communities connected to grids, the most typical problems are outages and recurring electricity shortages. Senegal’s electricity industry still faces a set of challenges including power stations rehabilitations, upgrading the electricity infrastructure and electricity source diversification [4-5]. The growing electricity demand and developing renewable energy need a more competitive environment and liberalization of the electricity market in Senegal.