Abstract
This study proposes a game theoretic approach toward the analysis of renewable portfolio standard policy (RPS), which is one of the main forces behind promotion of the use of renewable sources for electricity generation. The peculiar attribute of an RPS system, in tracking the compliance of individual profit-maximizer electricity producers with a collective target (share) for renewable sources, resembles a coupled constraint game. After presenting a generic game theoretic model for an RPS system, a special case study will be explored, to pave the path for an analytical outcome. This is accompanied by a result analysis section to investigate the impact of key parameters on the equilibrium, leading to recommendations and future research avenues.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: INFOR: Information Systems and Operational Research
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
