The Path of Cost Shifting for Energy Storage under Different Business Models: Based on Evolutionary Game Theory

With the acceleration of energy storage construction, investors are paying attention to how the costs of storage projects can be recovered. Market rules and incentive policies affect the dissemination of energy storage costs. This article simulates the interactive behavior of multiple agents based o...

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Bibliographic Details
Published in:Procedia computer science 2024, Vol.243, p.296-305
Main Authors: Ye, Yingjin, Zeng, Zhensong, Wu, Qifan, Lin, Hongyang, Lin, Wenbin
Format: Article
Language:English
Subjects:
electricity market
energy storage
evolutionary game theory
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Summary:With the acceleration of energy storage construction, investors are paying attention to how the costs of storage projects can be recovered. Market rules and incentive policies affect the dissemination of energy storage costs. This article simulates the interactive behavior of multiple agents based on evolutionary game theory, taking into account market factors such as prices, capacity, and incentive policies. It views the dissemination of storage costs as an interactive decision-making problem involving multiple agents’ adoption of technology, and analyzes how market factors influence the outcomes of cost dissemination.
ISSN:1877-0509
1877-0509
DOI:10.1016/j.procs.2024.09.037