A research on information value in energy internet based on risk theory

• Published in: 2017 IEEE Conference on Energy Internet and Energy System Integration (EI2) pp. 1 - 6
• Main Authors: Shengmin Tan, Chuanwen Jiang, Yang He
• Format: Conference Proceeding
• Language: English
• Published: IEEE 01-11-2017
• Subjects: Decision making; Economics; energy internet; Information services; Information systems; information value; Internet; Monitoring; Power systems; risk aversion
• DOI: 10.1109/EI2.2017.8245502

Due to massive information springs up during the course of running all the time in the Energy Internet, the study of the value of Energy Internet information not only helps to tap the value of information itself, but also plays a very important significance for information value-added services. This paper will firstly classify all the information above. Based on the information-value theory of information economics, a new information value assessment method is proposed. Considering different stakeholders have different value evaluation criteria and risk appetite, it is necessary to research on the value of Energy Internet information based on risk aversion theory. The selection and analysis of effective and valuable information will greatly improve the operation and management efficiency of Energy Internet. Finally, the results of simulation and tests verify the effectiveness of the proposed method of the novel. Comparing with traditional value assessment method, the novel method not only considers the risk factors of information itself, but also the risk appetite of investors, thus it has wider application scenarios.