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Designing an energy performance rewards system based on the energy conservation mathematical model

Author(s):Tsai Yung-Tse
Department of Business Administration, Nanhua University, No.55, Sec. 1, Nanhua Rd., Dalin Township, Chiayi County 62249, Taiwan
International Journal of Smart Grid and Clean Energy, vol. 5, no. 2, April 2016: pp. 129-134
ISSN: 2315-4462 (Print)
ISSN: 2373-3594 (Online)
Digital Object Identifier: 10.12720/sgce.5.2.129-134

Abstract:In this study, we design an energy conservation mathematical model toward the performance reward system to improve the nation to pay more attention to the few energy resources on earth. No concerning paper is similar to this topic. So this issue is getting more and more important. This issue is gaining increasing importance as a dwindling energy rate may potentially lead to no more energy resources. It is vitally important for authorities concerned to consider ways to improve the energy performance and maintain the economic size required for the whole national development. On the basis of the aforementioned discussion, the paper provides the background for mathematical modeling for a method by which decision makers will be able to measure the industry’s’ energy performance based on the energy conservation mathematical model made in the study. This model will serve multiple purposes, but among others, it can be applied to the design of an energy performance reward system in which the nation focuses on energy resources with either poorer or higher capacity.

Keywords:Energy performance reward system, energy conservation mathematical model, capacity

Full Paper.pdf