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Green Environment: Decision-Making and Power Utility Optimization towards Smart-Grid Options
Department of Civil, Environmental and Geomatics Engineering Florida Atlantic University, Boca Raton, USA
- 1 Department of Civil, Environmental and Geomatics Engineering Florida Atlantic University, Boca Raton, USA
Smart Grid and Renewable Energy·Volume 01 (2010)·Pages 32–39·Published 31 May 2010·DOI10.4236/sgre.2010.11005
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Abstract
Decision-making toward prudent energy conservation is a primary issue in the power utility management while con-ceiving green environment. Presented in this paper are relevant considerations and prudent ways of decision-making thereof. Examples are furnished to illustrate the underlying considerations and are discussed using practical examples. Specifically green ambient is considered and the underlying payoff resulting from each combination of strategies adopted (or courses of action taken) by the technology-option participants is evaluated. Game-theoretic pursuits are followed.
KeywordsGreen BuildingPower Utility ConservationPayoff-matrixGame-theoretic Formulations
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