A Cloud- and Game Model-Based Approach to Project Evaluations of Sustainable Power Supply Investments
Kuoyi Lin (kylin@guet.edu.cn) and
Bin Li
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Kuoyi Lin: College of Business, Guilin University of Electronic Technology, Guilin 541004, China
Bin Li: College of Business, Guilin University of Electronic Technology, Guilin 541004, China
Sustainability, 2024, vol. 16, issue 10, 1-15
Abstract:
In light of electrical energy’s increasing role in economic systems worldwide, prioritizing investments in sustainable power supplies has become paramount. This study proposes a model based on cloud theory and game theory to evaluate sustainable power supply investment projects. It establishes a foundation for assessing the merits of power supply investments, which are crucial for continuous electricity provision and economic advancement. By integrating an enhanced analytic hierarchy process and the entropy method, the study develops a dual-weighted evaluative index system. This hybrid approach addresses ambiguities and enhances the weight determination accuracy, which, when applied to the Liaojiawan Transformer Substation, verifies the project’s high benefit level, corroborated by empirical data. This innovative methodology offers a strategic framework for future power supply investments.
Keywords: sustainable power supply investment; power supply projects; investment benefit; cloud and game models (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:16:y:2024:i:10:p:4040-:d:1392854
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