Analysis of the dynamic evolution process of the digital transformation of renewable energy enterprises based on the cooperative and evolutionary game model

Jiajun Ning and Lixin Xiong

Energy, 2024, vol. 288, issue C

Abstract: Based on the cooperative-evolutionary game model, this paper studies the dynamic evolution process of the digital transformation strategy selection of renewable energy power plants and renewable energy selling enterprises under government supervision. Renewable energy power plants, renewable energy selling enterprises, and the government are taken as the game players. The Shapley value based on the cooperation game distributes the cooperation benefits brought about by the digital transformation of enterprises and analyses the dynamic evolution process of the strategy of the three-party game players based on evolutionary game theory. Then, based on the system dynamics model, Anylogic and Vensim software are used to simulate the cooperative evolutionary game model, and a sensitivity analysis of the key factors affecting the system stability is carried out. The results show that the "digital transformation" of renewable-energy power plants and renewable-energy selling enterprises will bring about cooperation benefits and promote their joint promotion of digital transformation. Government incentives can accelerate the digital transformation of renewable energy companies. The increase in economic, environmental, and social benefits brought about by the digital transformation of renewable energy enterprises promotes the speed of the digital transformation of renewable energy power plants and renewable energy selling enterprises.

Keywords: Renewable energy enterprises; Digital transformation; Cooperative game; Evolutionary game; System dynamics model (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:288:y:2024:i:c:s0360544223031523

DOI: 10.1016/j.energy.2023.129758

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