An evolutionary game-theoretic approach for investigating the long-term behavior of the industry sector for purchasing renewable and non-renewable energy: A case study of Iran

Mohammad-Bagher Jamali, Morteza Rasti-Barzoki and Jörn Altmann

Energy, 2023, vol. 285, issue C

Abstract: Industrial sustainability has become increasingly important in manufacturing industries, especially those with high energy consumption. One of the strategies for achieving cleaner production in energy-intensive industries involves the utilization of renewable energy in lieu of conventional energy. Therefore, our study explores the evolutionary behavior of the population of manufacturing industries, particularly energy-intensive producers, to purchase renewable or non-renewable energy under the government's price-discount support. Thus, an evolutionary game for examining producers' behavior under two strategies of purchasing energy from a renewable supplier (R Strategy) and a non-renewable supplier (N Strategy) is considered. The analysis is conducted using data from the cement and steel industries in Iran as case studies. The results indicate that the government's support plays a vital role in changing producers' strategy toward purchasing renewable energy. Also, to change the behavior of industries toward R strategy in a shorter period, the government can support energy-intensive industries like steel manufacturers. These producers can be considered as leading manufacturing industries for transitioning to clean energy and sustainable development.

Keywords: Renewable and non-renewable energies; Energy resilience; Pricing; Evolutionary game theory (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0360544223026397
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:285:y:2023:i:c:s0360544223026397

DOI: 10.1016/j.energy.2023.129245

Access Statistics for this article

Energy is currently edited by Henrik Lund and Mark J. Kaiser

More articles in Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().