Incentive

Quantum mechanics

Linguistics

Engineering

Philosophy

Environmental economics

Microeconomics

Government (linguistics)

China

Economics

Market economy

Monopoly

Business

Public–private partnership

Hydrogen

Subsidy

Physics

Renewable energy

Politics

Evolutionarily stable strategy

Political science

Promotion (chess)

General partnership

Industrial organization

Game theory

Finance

Investment (military)

Hydrogen production

Photovoltaic system

Production (economics)

Electrical engineering

Energy

China has been impelling the promotion of new energies in recent years. Though the hydrogen powered vehicle (HPV) and hydrogen production (HP) of China are still in the initial stage currently, the Chinese government encourages the developments of the two fields. In order to promote the developments of HPVs, HP and solar PV industry in China, this study proposes a partnership consisting of the investment company (IC), HPV user and solar PV power plant (SPP). Based on the tripartite evolutionary game model as well as the current policies and provisions of China, the evolutionary processes and evolutionary stable strategies are simulated and discussed. The results reveal that stable states can be achieved under different partnership modes. Effect estimate results of typical parameters on the three participants show that higher solar intensity, longer annual sunshine duration, larger subsidies, longer lifetimes of hydrogen charging facility and PV panels will be favorable to the smooth progress of the partnership. Reasonable hydrogen selling price should be considered as it has incentive effect on ICs and SPPs but inhibition on HPV users. This study can be referred by the government and related industries for promoting the developments of HPVs and solar PV hydrogen production.

Promoting developments of hydrogen powered vehicle and solar PV hydrogen production in China: A study based on evolutionary game theory method