Adoption mechanism of energy performance contracting (EPC) model in coal mine residual-heat utilization: An evolutionary game based analysis

This paper discusses how to promote the development of energy performance contracting (EPC) model of coal mine residual-heat utilization from the micro level. Firstly, this paper analyzes the response and behavior expression of various stakeholders in the EPC model of coal mine residual-heat utiliza...

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Main Authors: Qiuhong Lai, Yan Dong
Format: Article
Language:English
Published: Elsevier 2025-02-01
Series:Cleaner Engineering and Technology
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2666790825000011
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author Qiuhong Lai
Yan Dong
author_facet Qiuhong Lai
Yan Dong
author_sort Qiuhong Lai
collection DOAJ
description This paper discusses how to promote the development of energy performance contracting (EPC) model of coal mine residual-heat utilization from the micro level. Firstly, this paper analyzes the response and behavior expression of various stakeholders in the EPC model of coal mine residual-heat utilization from a behavioral perspective. Secondly, the paper analyzes the stability and interaction mechanism of the strategic choice among governments, energy service companies (ESCOs) and coal mine enterprises by using the evolution game, and discusses key parameters that affect the strategic choice of stakeholders. Finally, the sensitivity analysis of selected parameters is discussed in details. Results show that: (1) the initial intentions of stakeholders influence the trajectory of development, but not the final trend. (2) In order to promote the EPC model to be actively adopted in coal mine residual-heat utilization industry, it is necessary to strengthen government incentives and supervision in the early stage. (3) Increasing the cost of coal mine enterprises' efforts to choose self-energy conservation, increasing the revenue sharing ratio of ESCOS and reducing the cost of ESCO's efforts, which is of great significance for promoting the market-oriented development of the EPC model in the coal mine residual heat utilization industry, as well as for China's energy conservation, emission reduction, and ''dual carbon'' goals.
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institution Kabale University
issn 2666-7908
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publishDate 2025-02-01
publisher Elsevier
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spelling doaj-art-8a626724fae14b49b409128ec008b2732025-01-13T04:19:16ZengElsevierCleaner Engineering and Technology2666-79082025-02-0124100878Adoption mechanism of energy performance contracting (EPC) model in coal mine residual-heat utilization: An evolutionary game based analysisQiuhong Lai0Yan Dong1School of Landscape Architecture, Guangdong Eco-Engineering Polytechnic, Guangzhou, 510520, ChinaSchool of Landscape Architecture, Guangdong Eco-Engineering Polytechnic, Guangzhou, 510520, China; School of Mechanics and Civil Engineering, China University of Mining and Technology-Beijing, Beijing, 100083, China; Corresponding author. School of Landscape Architecture, Guangdong Eco-Engineering Polytechnic, Guangzhou, 510520, China.This paper discusses how to promote the development of energy performance contracting (EPC) model of coal mine residual-heat utilization from the micro level. Firstly, this paper analyzes the response and behavior expression of various stakeholders in the EPC model of coal mine residual-heat utilization from a behavioral perspective. Secondly, the paper analyzes the stability and interaction mechanism of the strategic choice among governments, energy service companies (ESCOs) and coal mine enterprises by using the evolution game, and discusses key parameters that affect the strategic choice of stakeholders. Finally, the sensitivity analysis of selected parameters is discussed in details. Results show that: (1) the initial intentions of stakeholders influence the trajectory of development, but not the final trend. (2) In order to promote the EPC model to be actively adopted in coal mine residual-heat utilization industry, it is necessary to strengthen government incentives and supervision in the early stage. (3) Increasing the cost of coal mine enterprises' efforts to choose self-energy conservation, increasing the revenue sharing ratio of ESCOS and reducing the cost of ESCO's efforts, which is of great significance for promoting the market-oriented development of the EPC model in the coal mine residual heat utilization industry, as well as for China's energy conservation, emission reduction, and ''dual carbon'' goals.http://www.sciencedirect.com/science/article/pii/S2666790825000011Coal mine residual-heat utilizationEPC(Energy performance contracting)Evolutionary gameSimulation analysis
spellingShingle Qiuhong Lai
Yan Dong
Adoption mechanism of energy performance contracting (EPC) model in coal mine residual-heat utilization: An evolutionary game based analysis
Cleaner Engineering and Technology
Coal mine residual-heat utilization
EPC(Energy performance contracting)
Evolutionary game
Simulation analysis
title Adoption mechanism of energy performance contracting (EPC) model in coal mine residual-heat utilization: An evolutionary game based analysis
title_full Adoption mechanism of energy performance contracting (EPC) model in coal mine residual-heat utilization: An evolutionary game based analysis
title_fullStr Adoption mechanism of energy performance contracting (EPC) model in coal mine residual-heat utilization: An evolutionary game based analysis
title_full_unstemmed Adoption mechanism of energy performance contracting (EPC) model in coal mine residual-heat utilization: An evolutionary game based analysis
title_short Adoption mechanism of energy performance contracting (EPC) model in coal mine residual-heat utilization: An evolutionary game based analysis
title_sort adoption mechanism of energy performance contracting epc model in coal mine residual heat utilization an evolutionary game based analysis
topic Coal mine residual-heat utilization
EPC(Energy performance contracting)
Evolutionary game
Simulation analysis
url http://www.sciencedirect.com/science/article/pii/S2666790825000011
work_keys_str_mv AT qiuhonglai adoptionmechanismofenergyperformancecontractingepcmodelincoalmineresidualheatutilizationanevolutionarygamebasedanalysis
AT yandong adoptionmechanismofenergyperformancecontractingepcmodelincoalmineresidualheatutilizationanevolutionarygamebasedanalysis