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Behavior analysis of photovoltaic-storage-use value chain game evolution in blockchain environment

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  • Liu, Jicheng
  • Sun, Jiakang
  • Yuan, Hanying
  • Su, Yihan
  • Feng, Shuxian
  • Lu, Chaoran

Abstract

In view of the stability of photovoltaic utilization and trust in transactions, this paper constructed a photovoltaic-storage-use value chain in the block chain environment, and studied the behavioral strategies of photovoltaic power generators, energy storage providers and users in the value chain by using a three-party evolutionary game model. This paper analyzes the influence of the initial willingness of game players, the cost and utilization degree of blockchain technology, government subsidies, the price reduction coefficient of users, and the loss of photovoltaic-storage being wholesaled on the results of evolutionary equilibrium. The results show the cooperation between photovoltaic power generators and energy storage providers will become one of the trends of photovoltaic development in the future, and users will greatly enhance the utilization degree of photovoltaic and realize the value co-creation of the three parties. The decrease of blockchain technology cost, the increase of blockchain utilization, the increase of government subsidies, the increase of user price reduction coefficient, the decrease of photovoltaic-storage loss coefficient of being wholesaled and so on encourage the increase of cooperation of photovoltaic power generators and energy storage providers, and users' behavior of using photovoltaic. These results can provide some reference for the development of photovoltaic and energy storage industry.

Suggested Citation

  • Liu, Jicheng & Sun, Jiakang & Yuan, Hanying & Su, Yihan & Feng, Shuxian & Lu, Chaoran, 2022. "Behavior analysis of photovoltaic-storage-use value chain game evolution in blockchain environment," Energy, Elsevier, vol. 260(C).
    • Handle: RePEc:eee:energy:v:260:y:2022:i:c:s0360544222020734
    DOI: 10.1016/j.energy.2022.125182
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