Competitive Game Model and Evolutionary Strategy Analysis of Green Power and Thermal Power Generation

Author:

Qiao Yongsheng1ORCID,Qiao Risheng2ORCID,Qiao Yongmei3

Affiliation:

1. Department of Management, Taiyuan University, Taiyuan 030032, China

2. School of Finance and Economics, Taiyuan University of Technology, Taiyuan 030024, China

3. Foreign Affairs Office, Mentougou District Government of Beijing Municipality, Beijing 102300, China

Abstract

In the context of achieving carbon peak and carbon neutrality goals, the power industry has become a key and challenging place to promote the green and low-carbon transformation of the economy and society. We selected green power generation enterprises and thermal power generation enterprises in the power industry as the research objects and applied relevant theories such as game theory and low-carbon economy theory to analyze the low-carbon transformation path of electricity under the “dual carbon” goal. We quantitatively analyzed the competition and cooperation relationship between green power and thermal power. Based on mutual benefit preferences, a competitive game model was constructed, and the optimal competitive equilibrium electricity quantity and price of both parties were discussed in different scenarios. The master–slave game problem was transformed into a double-layer game model and solved using the GA algorithm. We draw the following conclusions: (1) When green power enterprises and thermal power enterprises compete to achieve equilibrium, a high degree of altruistic willingness is a necessary condition for both parties to maximize their own utility. (2) A high-level mutually beneficial relationship is a key factor in effectively improving overall profits. (3) In the long-term mutually beneficial competitive relationship between green power and thermal power, by quantitatively adjusting the internal and external factors that affect system evolution, the quantitative adjustment of the feasible domain boundaries of the evolution of the mutually beneficial competitive relationship can be achieved, thereby influencing the existing transformation of the competitive relationship to evolve toward the desired direction.

Publisher

MDPI AG

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