IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v16y2024i10p4040-d1392854.html
   My bibliography  Save this article

A Cloud- and Game Model-Based Approach to Project Evaluations of Sustainable Power Supply Investments

Author

Listed:
  • Kuoyi Lin

    (College of Business, Guilin University of Electronic Technology, Guilin 541004, China)

  • Bin Li

    (College of Business, Guilin University of Electronic Technology, Guilin 541004, China)

Abstract

In light of electrical energy’s increasing role in economic systems worldwide, prioritizing investments in sustainable power supplies has become paramount. This study proposes a model based on cloud theory and game theory to evaluate sustainable power supply investment projects. It establishes a foundation for assessing the merits of power supply investments, which are crucial for continuous electricity provision and economic advancement. By integrating an enhanced analytic hierarchy process and the entropy method, the study develops a dual-weighted evaluative index system. This hybrid approach addresses ambiguities and enhances the weight determination accuracy, which, when applied to the Liaojiawan Transformer Substation, verifies the project’s high benefit level, corroborated by empirical data. This innovative methodology offers a strategic framework for future power supply investments.

Suggested Citation

  • Kuoyi Lin & Bin Li, 2024. "A Cloud- and Game Model-Based Approach to Project Evaluations of Sustainable Power Supply Investments," Sustainability, MDPI, vol. 16(10), pages 1-15, May.
    • Handle: RePEc:gam:jsusta:v:16:y:2024:i:10:p:4040-:d:1392854
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/16/10/4040/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/16/10/4040/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Song, Xiaoling & Zhang, Huqing & Fan, Lurong & Zhang, Zhe & Peña-Mora, Feniosky, 2023. "Planning shared energy storage systems for the spatio-temporal coordination of multi-site renewable energy sources on the power generation side," Energy, Elsevier, vol. 282(C).
    2. Xiaoning Cao & Hongguang Bo & Yongkui Liu & Xiaobing Liu, 2023. "Effects of different resource-sharing strategies in cloud manufacturing: a Stackelberg game-based approach," International Journal of Production Research, Taylor & Francis Journals, vol. 61(2), pages 520-540, January.
    3. Li, Qi & Xiao, Xukang & Pu, Yuchen & Luo, Shuyu & Liu, Hong & Chen, Weirong, 2023. "Hierarchical optimal scheduling method for regional integrated energy systems considering electricity-hydrogen shared energy," Applied Energy, Elsevier, vol. 349(C).
    4. Qingsheng Zhu & Kai Gao & Jia-Bao Liu, 2023. "Cloud model for new energy vehicle supply chain management based on growth expectation," Journal of Combinatorial Optimization, Springer, vol. 45(5), pages 1-23, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Qinqin Xia & Yao Zou & Qianggang Wang, 2024. "Optimal Capacity Planning of Green Electricity-Based Industrial Electricity-Hydrogen Multi-Energy System Considering Variable Unit Cost Sequence," Sustainability, MDPI, vol. 16(9), pages 1-20, April.
    2. Jia, Jiandong & Li, Haiqiao & Wu, Di & Guo, Jiacheng & Jiang, Leilei & Fan, Zeming, 2024. "Multi-objective optimization study of regional integrated energy systems coupled with renewable energy, energy storage, and inter-station energy sharing," Renewable Energy, Elsevier, vol. 225(C).
    3. Xiaozhi Gao & Han Xiao & Shiwei Xu & Hsiung-Cheng Lin & Pengyu Chang, 2024. "What Is the Optimal Solution for Scheduling Multiple Energy Systems? Overview and Analysis of Integrated Energy Co-Dispatch Models," Energies, MDPI, vol. 17(18), pages 1-25, September.
    4. Tang, Bao-Jun & Cao, Xi-Lin & Li, Ru & Xiang, Zhi-Bo & Zhang, Sen, 2024. "Economic and low-carbon planning for interconnected integrated energy systems considering emerging technologies and future development trends," Energy, Elsevier, vol. 302(C).
    5. Cui, Shiting & Gao, Yao & Zhu, Ruijin, 2024. "A new integrated energy system cluster energy sharing framework adapted to high altitude areas," Applied Energy, Elsevier, vol. 366(C).
    6. Yuan, Yi & Ding, Tao & Chang, Xinyue & Jia, Wenhao & Xue, Yixun, 2024. "A distributed multi-objective optimization method for scheduling of integrated electricity and hydrogen systems," Applied Energy, Elsevier, vol. 355(C).
    7. Bian, Yifan & Xie, Lirong & Ye, Jiahao & Ma, Lan, 2024. "A new shared energy storage business model for data center clusters considering energy storage degradation," Renewable Energy, Elsevier, vol. 225(C).
    8. Xu, Xun & Shao, Zhenguo & Chen, Feixiong & Cheng, Guoyang, 2024. "Multi-game optimization operation strategy for integrated energy system considering spatiotemporal correlation of renewable energy," Energy, Elsevier, vol. 303(C).
    9. Tan, Hong & Wang, Yuwei & Wang, Qiujie & Lin, Zhenjia & Mohamed, Mohamed A., 2024. "Day-ahead dispatch of electricity-hydrogen systems under solid-state transportation mode of hydrogen energy via FV-IGDT approach," Energy, Elsevier, vol. 300(C).
    10. Zeng, Guihua & Liu, Mingbo & Lei, Zhenxing & Huang, Xinyi, 2024. "Bi-level robust planning of hydrogen energy system for integrated electricity–heat–hydrogen energy system considering multimode utilization of hydrogen," Energy, Elsevier, vol. 303(C).
    11. Roldán-Blay, Carlos & Escrivá-Escrivá, Guillermo & Roldán-Porta, Carlos & Dasí-Crespo, Daniel, 2023. "Optimal sizing and design of renewable power plants in rural microgrids using multi-objective particle swarm optimization and branch and bound methods," Energy, Elsevier, vol. 284(C).
    12. Wang, Y.X. & Chen, J.J. & Zhao, Y.L. & Xu, B.Y., 2024. "Incorporate robust optimization and demand defense for optimal planning of shared rental energy storage in multi-user industrial park," Energy, Elsevier, vol. 301(C).
    13. Kun Li & Yulong Ying & Xiangyu Yu & Jingchao Li, 2024. "Optimal Scheduling of Electricity and Carbon in Multi-Park Integrated Energy Systems," Energies, MDPI, vol. 17(9), pages 1-30, April.
    14. Peng, Hongyi & Yan, Mingyu & Zhou, Yijia, 2024. "Privacy-preserving non-iterative decentralized optimal energy flow for integrated hydrogen-electricity-heat system based on projection method," Applied Energy, Elsevier, vol. 368(C).
    15. José Luis Muñoz-Pincheira & Lautaro Salazar & Felipe Sanhueza & Armin Lüer-Villagra, 2024. "Temporal Complementarity Analysis of Wind and Solar Power Potential for Distributed Hybrid Electric Generation in Chile," Energies, MDPI, vol. 17(8), pages 1-23, April.
    16. Hamid Saadatfar & Hamid Gholampour Ahangar & Javad Hassannataj Joloudari, 2024. "A New Dynamic Game-Based Pricing Model for Cloud Environment," Future Internet, MDPI, vol. 16(2), pages 1-19, January.
    17. Milad Mohammadyari & Mohsen Eskandari, 2024. "Stochastic Convex Cone Programming for Joint Optimal BESS Operation and Q-Placement in Net-Zero Microgrids," Energies, MDPI, vol. 17(17), pages 1-16, August.
    18. Yan, Haoran & Hou, Hongjuan & Deng, Min & Si, Lengge & Wang, Xi & Hu, Eric & Zhou, Rhonin, 2024. "Stackelberg game theory based model to guide users’ energy use behavior, with the consideration of flexible resources and consumer psychology, for an integrated energy system," Energy, Elsevier, vol. 288(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:16:y:2024:i:10:p:4040-:d:1392854. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.