USE OF THE THEORY OF GAMES AS AN INNOVATIVE METHOD IN THE SOLAR ENERGY INVESTMENT DECISION PROCESS
Brazil is a country with high solar energy potential due to the vast unhabitaded areas close to the Equator with high availability of solar radiation. With a simple setting, low maintenance costs, sustainability appeal and an inexhaustible power supply, the solar plants have been transformed in attr...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
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Universidade Federal de Viçosa (UFV)
2019-03-01
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| Series: | The Journal of Engineering and Exact Sciences |
| Subjects: | |
| Online Access: | https://periodicos.ufv.br/ojs/jcec/article/view/2597 |
| _version_ | 1818980103958298624 |
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| author | Monique Suellen de Lima e Silva Tomaz Lázara Silveira Castrillo Danielle Casé Dionizio Cunha Aldenis Everton Alves Guilherme França Eduardo Henrique Diniz Fittipaldi |
| author_facet | Monique Suellen de Lima e Silva Tomaz Lázara Silveira Castrillo Danielle Casé Dionizio Cunha Aldenis Everton Alves Guilherme França Eduardo Henrique Diniz Fittipaldi |
| author_sort | Monique Suellen de Lima e Silva Tomaz |
| collection | DOAJ |
| description | Brazil is a country with high solar energy potential due to the vast unhabitaded areas close to the Equator with high availability of solar radiation. With a simple setting, low maintenance costs, sustainability appeal and an inexhaustible power supply, the solar plants have been transformed in attractive investments in the electrical power sector. In the Brazilian Northeastern region, it's possible to find the best conditions for the development of new solar plants due to the climate, dry and sunny all year. The present work aims to present the use of game theory as an innovative method in the investment decision process between two companies of solar energy generation in Northeastrn region of Brazil. The methodology used for this analysis was the Cournot method to conclude whether competition or cooperation among the agents involved prevails in the market. |
| first_indexed | 2024-12-20T17:10:07Z |
| format | Article |
| id | doaj.art-f6517bc4e45245a7b9c216708c83ed03 |
| institution | Directory Open Access Journal |
| issn | 2527-1075 |
| language | English |
| last_indexed | 2024-12-20T17:10:07Z |
| publishDate | 2019-03-01 |
| publisher | Universidade Federal de Viçosa (UFV) |
| record_format | Article |
| series | The Journal of Engineering and Exact Sciences |
| spelling | doaj.art-f6517bc4e45245a7b9c216708c83ed032022-12-21T19:32:10ZengUniversidade Federal de Viçosa (UFV)The Journal of Engineering and Exact Sciences2527-10752019-03-01510043004810.18540/jcecvl5iss1pp0043-00481106USE OF THE THEORY OF GAMES AS AN INNOVATIVE METHOD IN THE SOLAR ENERGY INVESTMENT DECISION PROCESSMonique Suellen de Lima e Silva TomazLázara Silveira CastrilloDanielle Casé Dionizio CunhaAldenis Everton Alves Guilherme FrançaEduardo Henrique Diniz FittipaldiBrazil is a country with high solar energy potential due to the vast unhabitaded areas close to the Equator with high availability of solar radiation. With a simple setting, low maintenance costs, sustainability appeal and an inexhaustible power supply, the solar plants have been transformed in attractive investments in the electrical power sector. In the Brazilian Northeastern region, it's possible to find the best conditions for the development of new solar plants due to the climate, dry and sunny all year. The present work aims to present the use of game theory as an innovative method in the investment decision process between two companies of solar energy generation in Northeastrn region of Brazil. The methodology used for this analysis was the Cournot method to conclude whether competition or cooperation among the agents involved prevails in the market.https://periodicos.ufv.br/ojs/jcec/article/view/2597CompetitionSolar energyInvestmentCournot ModelTheory of Games |
| spellingShingle | Monique Suellen de Lima e Silva Tomaz Lázara Silveira Castrillo Danielle Casé Dionizio Cunha Aldenis Everton Alves Guilherme França Eduardo Henrique Diniz Fittipaldi USE OF THE THEORY OF GAMES AS AN INNOVATIVE METHOD IN THE SOLAR ENERGY INVESTMENT DECISION PROCESS The Journal of Engineering and Exact Sciences Competition Solar energy Investment Cournot Model Theory of Games |
| title | USE OF THE THEORY OF GAMES AS AN INNOVATIVE METHOD IN THE SOLAR ENERGY INVESTMENT DECISION PROCESS |
| title_full | USE OF THE THEORY OF GAMES AS AN INNOVATIVE METHOD IN THE SOLAR ENERGY INVESTMENT DECISION PROCESS |
| title_fullStr | USE OF THE THEORY OF GAMES AS AN INNOVATIVE METHOD IN THE SOLAR ENERGY INVESTMENT DECISION PROCESS |
| title_full_unstemmed | USE OF THE THEORY OF GAMES AS AN INNOVATIVE METHOD IN THE SOLAR ENERGY INVESTMENT DECISION PROCESS |
| title_short | USE OF THE THEORY OF GAMES AS AN INNOVATIVE METHOD IN THE SOLAR ENERGY INVESTMENT DECISION PROCESS |
| title_sort | use of the theory of games as an innovative method in the solar energy investment decision process |
| topic | Competition Solar energy Investment Cournot Model Theory of Games |
| url | https://periodicos.ufv.br/ojs/jcec/article/view/2597 |
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