Fuzzy Cooperative Game Model for Renewable Energy Advancement: A Case Study of Offshore Wind Farms

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Abstract Renewable Energy or Green Energy are the energy spawned from naturalistic resources such as sunshine, water, waste and tornado. Renewable energy is in abundance around us. Exploitation of Green Energy is a universal concernment due to its reign to alleviate the environment and diminish the dependence on conservative energy. Collaborated approaches, where various stakeholders involve, can help surmount these hedges and escalate the acceptance of renewable energy. In such situations, fuzzy cooperative game theory can be used to model and analyse the sophisticated environment. Consider a scenario where several countries are considering investing in renewable energy projects. The potential benefits and costs of these projects are uncertain due to factors such as technological advancements, market fluctuations, and policy changes. Kerala, a state in southern India, has significant potential for renewable energy production due to its abundant solar and wind resources. However, the state government is struggling to integrate renewable energy into the existing power grid and ensure equitable distribution of benefits among stakeholders. Using a fuzzy cooperative game model, we can analyse the formation of coalitions among stakeholders to jointly invest in renewable energy projects and share the benefits and costs.
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Fuzzy Cooperative Game Model for Renewable Energy Advancement: A Case Study of Offshore Wind Farms | Research Square window.SnipcartSettings = { analytics: { enabled: false } }; (function() { var accessVector = localStorage.getItem('access_vector') || ''; window.dataLayer = window.dataLayer || []; if (accessVector) { window.dataLayer.push({ user: { profile: { profileInfo: { snid: accessVector } } } }); } })(); (function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start':new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0],j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src='https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f);})(window,document,'script','dataLayer','GTM-K279D39R'); Browse Preprints In Review Journals COVID-19 Preprints AJE Video Bytes Research Tools Research Promotion AJE Professional Editing AJE Rubriq About Preprint Platform In Review Editorial Policies Our Team Advisory Board Help Center Sign In Submit a Preprint Cite Share Download PDF Research Article Fuzzy Cooperative Game Model for Renewable Energy Advancement: A Case Study of Offshore Wind Farms Dr Sreelekha Menon This is a preprint; it has not been peer reviewed by a journal. https://doi.org/ 10.21203/rs.3.rs-5720102/v1 This work is licensed under a CC BY 4.0 License Status: Posted Version 1 posted You are reading this latest preprint version Abstract Renewable Energy or Green Energy are the energy spawned from naturalistic resources such as sunshine, water, waste and tornado. Renewable energy is in abundance around us. Exploitation of Green Energy is a universal concernment due to its reign to alleviate the environment and diminish the dependence on conservative energy. Collaborated approaches, where various stakeholders involve, can help surmount these hedges and escalate the acceptance of renewable energy. In such situations, fuzzy cooperative game theory can be used to model and analyse the sophisticated environment. Consider a scenario where several countries are considering investing in renewable energy projects. The potential benefits and costs of these projects are uncertain due to factors such as technological advancements, market fluctuations, and policy changes. Kerala, a state in southern India, has significant potential for renewable energy production due to its abundant solar and wind resources. However, the state government is struggling to integrate renewable energy into the existing power grid and ensure equitable distribution of benefits among stakeholders. Using a fuzzy cooperative game model, we can analyse the formation of coalitions among stakeholders to jointly invest in renewable energy projects and share the benefits and costs. Renewable Resources Fuzzy Game Theory Cooperative Game Theory Fuzzy Coalition Shapely Value Core Value Renewable Energy Full Text Additional Declarations The authors declare no competing interests. Cite Share Download PDF Status: Posted Version 1 posted You are reading this latest preprint version Research Square lets you share your work early, gain feedback from the community, and start making changes to your manuscript prior to peer review in a journal. As a division of Research Square Company, we’re committed to making research communication faster, fairer, and more useful. We do this by developing innovative software and high quality services for the global research community. Our growing team is made up of researchers and industry professionals working together to solve the most critical problems facing scientific publishing. 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