Capacity Investment Decisions in Renewable Energy Technologies

doi:10.1007/978-3-319-30094-8_10

CORC > 上海财经大学 > 上海财经大学

	Capacity Investment Decisions in Renewable Energy Technologies
	Ferguson, Mark E.1; Hu, Shanshan 2; Souza, Gilvan C.2; Wang, Wenbin 3
刊名	Environmentally Responsible Supply Chains
	2016
卷号	3 页码:163-176
ISSN号	2365-6395
DOI	10.1007/978-3-319-30094-8_10
英文摘要	We study an organization's one-time capacity investment in a renewable technology with supply intermittency and net metering compensation. The renewable technology can be coupled with conventional technologies, such as purchasing electricity from the grid, to form a capacity portfolio that is used to meet stochastic demand for energy. Some factors that complicate this decision include the variability in the energy demand, energy prices, compensation for over-production by the energy producing technology and the intermittency of renewable energy producing technologies. We show how to reduce this problem to a single-period decision problem, and how to estimate the joint distribution of the stochastic factors using historical data. We obtain solutions that are simple to compute, intuitive, and provide managers with a framework for evaluating the trade-offs of investing in renewable and conventional technologies. We illustrate our model using a case study for investing in a solar rooftop system for a bank branch.
WOS研究方向	Business & Economics
语种	英语
出版者	SPRINGER INT PUBLISHING AG
WOS记录号	WOS:000389192900012
内容类型	期刊论文
源URL	[http://10.2.47.112/handle/2XS4QKH4/2838]
专题	上海财经大学
通讯作者	Ferguson, Mark E.
作者单位	1.Univ South Carolina, Dept Management Sci, Columbia, SC 29208 USA; 2.Indiana Univ, Dept Operat & Decis Technol, Kelley Sch Business, Bloomington, IN 47405 USA; 3.Shanghai Univ Finance & Econ, Dept Operat Management, Sch Int Business Adm, Shanghai, Peoples R China
推荐引用方式 GB/T 7714	Ferguson, Mark E.,Hu, Shanshan,Souza, Gilvan C.,et al. Capacity Investment Decisions in Renewable Energy Technologies[J]. Environmentally Responsible Supply Chains,2016,3:163-176.
APA	Ferguson, Mark E.,Hu, Shanshan,Souza, Gilvan C.,&Wang, Wenbin.(2016).Capacity Investment Decisions in Renewable Energy Technologies.Environmentally Responsible Supply Chains,3,163-176.
MLA	Ferguson, Mark E.,et al."Capacity Investment Decisions in Renewable Energy Technologies".Environmentally Responsible Supply Chains 3(2016):163-176.