With the rapid prosperity of the global economy and industry, as the energy demand, many factors influence power-producing sectors, including government incentives, customer demand, production cost, eco-friendly, and investors investment. To analyze the cost-benefit-subsidy in power generator system under the evolutionary game setting, we considered two asymmetric game structures by coupling the photovoltaic (PV) power system and coal-fired (CF) power system. To model the asymmetric games for PV and CF, Game-1 considers respective cost and benefit, whereas, Game-2 deliberates cost, benefit, and government subsidy. We present both analytical and numerical approaches within this framework.
No takes yet. Share an insight, caveat, or question.
Habib et al. (2022) studied this question.