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© 2024 Tao, Wang. This is an open access article distributed under the terms of the Creative Commons Attribution License: http://creativecommons.org/licenses/by/4.0/ (the “License”), which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited. Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.

Abstract

Distributed photovoltaic (DPV) is a promising solution to climate change. However, the widespread adoption of DPV faces challenges, such as high upfront costs, regulatory barriers, and market uncertainty. Addressing these barriers requires coordinating the interests of stakeholders in the promotion of DPV. Therefore, this paper constructs a three-party evolutionary game model in a social network with the government, investment companies and residents as the main subjects and examines the influence of different subjects’ behavioral strategies on the promotion of DPV under the social learning mechanism. The results show that: (1) In the game equilibrium, both the government and residents hold a positive attitude towards the promotion of DPV; (2) Companies will obtain most of the subsidies through market power and information differences, resulting in the increase of government subsidies that do not always benefit residents; (3) The increase of energy consumption and pollution prevention costs can promote companies’ investment in DPV; (4) The increase of environmental protection taxes to a certain extent helps companies to take responsibility for promoting DPV, reducing the pressure on the government to promote it and increasing residents’ income. This study provides insights into the sustainable development of DPV.

Details

Title
Promoting distributed photovoltaic adoption: An evolutionary game model approach for stakeholder coordination
Author
Tao, Biao; Wang, Can  VIAFID ORCID Logo 
First page
e0302241
Section
Research Article
Publication year
2024
Publication date
Jun 2024
Publisher
Public Library of Science
e-ISSN
19326203
Source type
Scholarly Journal
Language of publication
English
ProQuest document ID
3071023276
Copyright
© 2024 Tao, Wang. This is an open access article distributed under the terms of the Creative Commons Attribution License: http://creativecommons.org/licenses/by/4.0/ (the “License”), which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited. Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.