NDLI: Analysis of the EPC period deciding model based on the Game Theory

Content Provider	IEEE Xplore Digital Library
Author	Zhang Yang Han Qingmiao Liu Changbin Sun Jinying
Copyright Year	2008
Description	Author affiliation: Beijing Inst. of Civil Eng. & Archit., Beijing (Zhang Yang)
Abstract	This paper establishes the decision-making model of the energy saving companypsilas (ESCO) operation period based on the game theory. At first, the whole process of energy performance contracting (EPC) is divided into three stages. Then, based on the game theory, the impact of ESCO operation period on the benefits of both ESCO and its client is analyzed. Finally, the decision-making model of the ESCO operation period is established. The relation of the ESCO operation period, which has been agreed upon by both the ESCO and its client, is positive to the development level of the energy efficiency service industry and the ESCO technique. And, its relation is negative to the client energy cost. So, the transaction cost caused by negotiation and consultation must be reduced. Once these three factors are considered comprehensively, the ESCO can ensure maximum profits by (1) improving advanced technique and maturity and ensuring core technology competence; and (2) choosing the client with potential for energy efficiency.
Starting Page	1
Ending Page	5
File Size	1331799
Page Count	5
File Format	PDF
ISBN	9781424416714
DOI	10.1109/ICSSSM.2008.4598456
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2008-06-30
Publisher Place	Australia
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Game Theory Current transformers Biological system modeling Computed tomography Decision making Energy Performance Contracting Energy efficiency ESCO operation period Game theory Decision-Making Model Fault currents
Content Type	Text
Resource Type	Article

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