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A coordinated approach for a three-echelon solar-wind energy supply with government intervention

Author

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  • Matinfard, Sahar
  • Yaghoubi, Saeed
  • Kharaji Manouchehrabadi, Maedeh

Abstract

In the contemporary era, renewable energy sources are employed globally. Their uncertain and intermittent nature conduce to a hybrid system that fully meets the electricity demand. This paper proposes a three-echelon hybrid (solar-wind) supply chain with government intervention and considers two approaches: (1) The decentralized model (non-cooperative Nash game) and (2) The government model with demand-side and supply-side subsidy policies. The optimal values obtained from the Nash game are put in the government function to acquire tariffs, and the paper aims to select the best policy. Finally, sensitivity analysis and managerial insights are presented.

Suggested Citation

  • Matinfard, Sahar & Yaghoubi, Saeed & Kharaji Manouchehrabadi, Maedeh, 2024. "A coordinated approach for a three-echelon solar-wind energy supply with government intervention," Utilities Policy, Elsevier, vol. 86(C).
    • Handle: RePEc:eee:juipol:v:86:y:2024:i:c:s0957178723002035
    DOI: 10.1016/j.jup.2023.101691
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