Research Article
Providers and Consumers Mutual Benefits in Energy Efficiency Model with Elements of Cooperative Game Theory
@INPROCEEDINGS{10.1007/978-3-030-23976-3_35, author={Igor Bimbiloski and Valentin Rakovic and Aleksandar Risteski}, title={Providers and Consumers Mutual Benefits in Energy Efficiency Model with Elements of Cooperative Game Theory}, proceedings={Future Access Enablers for Ubiquitous and Intelligent Infrastructures. 4th EAI International Conference, FABULOUS 2019, Sofia, Bulgaria, March 28-29, 2019, Proceedings}, proceedings_a={FABULOUS}, year={2019}, month={9}, keywords={Energy efficiency model Electricity providers’ interests Cooperative approach Game theory}, doi={10.1007/978-3-030-23976-3_35} }- Igor Bimbiloski
Valentin Rakovic
Aleksandar Risteski
Year: 2019
Providers and Consumers Mutual Benefits in Energy Efficiency Model with Elements of Cooperative Game Theory
FABULOUS
Springer
DOI: 10.1007/978-3-030-23976-3_35
Abstract
Energy efficiency is a process under development and execution in all levels of society and economy, mostly driven by the environment protection interests. One of dilemmas in this process is the interest of the electricity provider companies, what kind of model to use in order to secure their profitability and benefits from energy efficiency projects deployment? This paper is presenting an ICT model for energy efficiency, model with scalable development, starting on a level of fundamental and currently available resources. The model is consumer centric and integrates communication tools. Using the approach of cooperative game theory, we are analyzing if this model is beneficial for all stakeholders in energy efficiency chain, the providers and the consumers. Having in mind the diversity of markets for electricity, in our case we deal with the simplest scenario, considering provider – consumer relation in two regimes of electricity network stage, peak and normal load, as the baseline from where the specific commercial cases could be further developed.