Optimal strategy of investing in solar energy for meeting the renewable portfolio standard requirement in America

Ma, Junhai; Xu, Tiantong

doi:10.1080/01605682.2022.2032427

Cited by 31 publications

(17 citation statements)

References 35 publications

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“…The vertical and horizontal price matching mechanisms proposed in this paper are effective theoretically and there are also practical. Ma and Xu [16] developed a new game model to study solar energy investment problem, and they developed a dynamic system to study the long-term behavior of players in that game and analyzed the stability region and optimal strategy. Ma et al [21] studied the electric vehicle supply chain system under policy intervention, which consists of the government and two manufacturers producing electric vehicles and fuel vehicles respectively.…”

Section: Literature Reviewmentioning

confidence: 99%

Study on the complexity of channel pricing game in showrooming O2O supply chain

Liu

2022

RAIRO-Oper. Res.

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An O2O supply chain consisting of a manufacturer with online direct channel and a retailer who resells through a brick-and-mortar store is considered. Three channel power structures (vertical Nash, manufacturer Stackelberg and retailer Stackelberg) and three pricing sequences (simultaneous pricing, manufacturer pricing early, retailer pricing early) are considered. Counter-intuitively, under the manufacturer Stackelberg structure, the retailer has a first-mover advantage and retailer-pricing-early achieves Pareto optimality. In the other cases, the manufacturer and the retailer have a late-mover advantage. Under the vertical Nash structure, both parties may get into prisoner’s dilemma. Extending the basic model to dynamic pricing, we found that the first mover of sequential pricing has better stability. The retailer Stackelberg structure has better stability than the vertical Nash structure and the manufacturer Stackelberg is the most unstable power structure. To avoid the negative impact of equilibrium price instability, the vertical and horizontal price matching mechanisms are proposed and the effectiveness in improving stability is proved.

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Section: Literature Reviewmentioning

confidence: 99%

Study on the complexity of channel pricing game in showrooming O2O supply chain

Liu

2022

RAIRO-Oper. Res.

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“…The longterm equilibrium strategy of a nonlinear dynamic system is studied, and how the stability of equilibrium, conservative, and aggressive strategies affect the system is studied. Ma and Xu (2022) proposed a Stackelberg game model to investigate the competition between solar energy and traditional fossil energy under the regulation of renewable portfolio standards. The result shows that the government should enact a strict requirement instead of announcing a low requirement rate if a high punishment rate has already been implemented.…”

Section: The Evolutionary Game Of Supply Chainmentioning

confidence: 99%

Research on equilibrium strategy and emergency management of three oligarch battery manufacturers under cooperative promotion and low-carbon policy

Zhang

Zhu

Zhao

et al. 2022

Environ Sci Pollut Res

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People are increasingly paying much attention to battery technology, especially the zinc-nickel battery and the lithium battery, for solving energy shortages and environmental contamination. Meanwhile, the drastic change in the external outside environment has brought a huge challenge to manage the battery industry chain. Therefore, in the uncertain external environment, the study of supply chain competition between lithium battery and new nickel battery manufacturers is the focus of this paper. We build a cooperative game model under the demand disturbance and a non-cooperative game under the background of product promotion. The results show that (i) the price set by the manufacturer increases with technical improvement when consumers are more sensitive to the technical level. (ii) The optimal price of all manufacturers will drop as the CETRC (carbon emission technology renewal coefficient) increases. (iii) The price of zinc-nickel batteries will be higher than that of lithium battery as the market promotion rate is in the middle range. In the model, the supply chain determines different optimal prices according to the different ranges of the demand disturbance.

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“…Reducing carbon emissions and minimizing energy use in all industries have become a major concern, and consuming a large amount of energy leads to the depletion of natural resources (Abbasi et al 2021b;Ma et al 2021). Energy has a vital role because developing countries face a shortage of energy resources, rapid urbanization, and an uncertain political environment (Ma and Xu 2022;Rafique and Rehman 2017). To reduce the adverse impact on the environment and energy consumption, it is essential to implement energy management practices (EMPs) in the country (Huo et al 2020).…”

Section: Introductionmentioning

confidence: 99%

Sustainable construction through energy management practices: an integrated hierarchal framework of drivers in the construction sector

Iqbal

Ahmad

et al. 2022

Environ Sci Pollut Res

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Reducing energy usage and promoting energy management practices remain hot issues in the construction sector. Construction firms are not interested to adopt energy conservation and management practices in their projects. Despite the successful integration of energy management practices in developed nations, their adaptability in developing countries, especially in Pakistan, is at a slow pace. Therefore, drivers to energy management practices need to be realized for its adoption. Based on this, the current study intends to evaluate the drivers of energy management practices adopted in the construction sector of Pakistan by using a four-stage methodology. Fuzzy Delphi method (FDM), interpretive structural modeling (ISM), and Matrice d'Impacts Croises Multiplication Appliques a un Classement (MICMAC) analysis were integrated with prioritizing essential drivers. Increased tax imposition on construction companies for energy usage and pollution contribution, promotion of investment subsidies for energy efficiency technologies, and increased enforcement of government rules and regulations regarding on-site energy management practices arose as significant drivers to adoption of energy management practices in the construction sector of Pakistan. These results will be helpful for policymakers to develop effective policies for integrating energy management practices in the construction sector. This study contributes significantly by developing a novel model of drivers affecting EMP adoption in the Pakistani construction sector. Further research might be expanded to other developing countries to validate current results.

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Optimal strategy of investing in solar energy for meeting the renewable portfolio standard requirement in America

Cited by 31 publications

References 35 publications

Study on the complexity of channel pricing game in showrooming O2O supply chain

Study on the complexity of channel pricing game in showrooming O2O supply chain

Research on equilibrium strategy and emergency management of three oligarch battery manufacturers under cooperative promotion and low-carbon policy

Sustainable construction through energy management practices: an integrated hierarchal framework of drivers in the construction sector

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