A Quota-Based Energy Consumption Management Method for Organizations Using Nash Bargaining Solution

The increasing development of energy consumption monitoring system at public buildings, hospitals, campus, and factories enables more and more organizations to measure and coordinate the energy consumption activity of individual key energy users within them. To enhance the overall performance of energy consumption under limited energy budget, the present paper proposes a new criterion, i.e., energy consumption satisfaction degree (ECSD), for an organization to evaluate the satisfaction of each key energy user in the consumption of its allocated energy quota. Inspired by the classical Nash bargaining solution (NBS) in cooperative game theory, we further develop a quota-based energy consumption management method to effectively guarantee the annual energy-saving target of the organization. Numerical simulation shows that, compared with the equal and priority-based energy allocation schemes, the proposed method can maximize the overall satisfaction of all key energy users and, meanwhile, maintain a reasonable fairness among them.