Premium Power Service for Custom Power Devices Based on Trial-Purchase Model

Abstract

Voltage sag is one of the reasons that hinders the high-quality and efficient development of high-tech manufacturing users. Custom power device (CPD) is one of the effective ways to solve voltage sag. The reason why most high-tech manufacturing users are hesitant to invest CPD is that the economic benefits of CPD are vague. To solve this problem, a new premium power service (PPS) for CPD based on trial-purchase model is proposed. By trialing CPD, users can choose to purchase or cancel the devices after trialing, so as to improve the enthusiasm of users to invest premium power and ensure the smooth progress of PPS. According to the operation process of the proposed service, an optimization model of service scheme is established with the goal of maximizing the interests of power utility and user, to optimize the return ratio of users’ mitigation benefits and the length of trial service. The revenue distribution model based on Game theory (Nash negotiation) is established to obtain the revenue distribution strategies of power utility and devices company respectively. The feasibility of proposed service is verified by a semiconductor user in China. The trial-purchase premium power service could be replicable and applicable, which provides a new choice both for power utility and users.

Keywords

• Trial-purchase
• custom power device
• premium power service
• multi-objective model
• game theory