Author
Listed:
- Chen, Wencheng
- Wang, Jun
- Pan, Jeng-Shyang
- Wang, Jin
Abstract
Driven by the carbon neutrality agenda, the collaborative development of the photovoltaic (PV) industry chain faces dual challenges: behavioral heterogeneity among multiple stakeholders and the absence of a decentralized trust mechanism. Existing research exhibits notable limitations in the completeness of participant modeling, the quantification of blockchain effects, and the dynamic adaptability of incentive mechanisms. To address these gaps, this paper constructs a blockchain-enabled cooperative governance framework encompassing four core actors: PV power generation enterprises, power grids, users, and government entities. A four-party evolutionary game model is developed, integrating blockchain-based trust mechanisms and cost constraints. The model innovatively endogenizes default penalties, trust enhancement, and behavioral preferences into the payoff structure, and designs a multi-dimensional incentive system including subsidies, rewards, and penalties. Numerical simulations demonstrate that the blockchain platform significantly enhances the stability of cooperation and accelerates strategic convergence. Furthermore, appropriately calibrated subsidies and dynamic performance-based rewards effectively incentivize collaboration, while user power supply preferences and default penalties are identified as key variables influencing system evolution. Compared with a traditional three-party model, the proposed four-party model exhibits superior performance in terms of convergence speed and system stability. This study provides theoretical support for building a trustworthy, efficient, and sustainable governance system for the PV industry, and offers actionable policy recommendations in areas such as cost regulation, tiered incentives, differentiated tariffs, and smart contract implementation.
Suggested Citation
Chen, Wencheng & Wang, Jun & Pan, Jeng-Shyang & Wang, Jin, 2026.
"A blockchain-enhanced evolutionary game model for multi-agent collaboration in the photovoltaic industry chain,"
Energy, Elsevier, vol. 346(C).
Handle:
RePEc:eee:energy:v:346:y:2026:i:c:s0360544226004482
DOI: 10.1016/j.energy.2026.140345
Download full text from publisher
As the access to this document is restricted, you may want to
for a different version of it.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:energy:v:346:y:2026:i:c:s0360544226004482. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
We have no bibliographic references for this item. You can help adding them by using this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/energy .
Please note that corrections may take a couple of weeks to filter through
the various RePEc services.