Providers and Consumers Mutual Benefits in Energy Efficiency Model with Elements of Cooperative Game Theory

  • Igor BimbiloskiEmail author
  • Valentin Rakovic
  • Aleksandar Risteski
Conference paper
Part of the Lecture Notes of the Institute for Computer Sciences, Social Informatics and Telecommunications Engineering book series (LNICST, volume 283)


Energy efficiency is a process under development and execution in all levels of society and economy, mostly driven by the environment protection interests. One of dilemmas in this process is the interest of the electricity provider companies, what kind of model to use in order to secure their profitability and benefits from energy efficiency projects deployment? This paper is presenting an ICT model for energy efficiency, model with scalable development, starting on a level of fundamental and currently available resources. The model is consumer centric and integrates communication tools. Using the approach of cooperative game theory, we are analyzing if this model is beneficial for all stakeholders in energy efficiency chain, the providers and the consumers. Having in mind the diversity of markets for electricity, in our case we deal with the simplest scenario, considering provider – consumer relation in two regimes of electricity network stage, peak and normal load, as the baseline from where the specific commercial cases could be further developed.


Energy efficiency model Electricity providers’ interests Cooperative approach Game theory 


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Copyright information

© ICST Institute for Computer Sciences, Social Informatics and Telecommunications Engineering 2019

Authors and Affiliations

  • Igor Bimbiloski
    • 1
    Email author
  • Valentin Rakovic
    • 1
  • Aleksandar Risteski
    • 1
  1. 1.Faculty of Electrical Engineering and Information TechnologyUniv. Ss. Cyril and MethodiusSkopjeMacedonia

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