Open AccessCoordination strategy for a dual-channel electricity supply chain with sustainability
Author(s) -
Wei Chen,
Fuying Jing,
Li Zhong
Publication year - 2022
Publication title -
journal of industrial and management optimization
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.325
H-Index - 32
eISSN - 1553-166X
pISSN - 1547-5816
DOI - 10.3934/jimo.2021139
Subject(s) - electricity , sustainability , supply chain , business , electricity retailing , investment (military) , mains electricity , dual (grammatical number) , revenue sharing , industrial organization , environmental economics , electricity market , economics , power (physics) , marketing , engineering , ecology , art , physics , literature , quantum mechanics , politics , political science , law , electrical engineering , biology
This paper describes the construction of a dual-channel electricity supply chain, with an electricity generation enterprise as the leader and an electricity retail enterprise as the follower, examining sustainability and price decision-making, and formulates a coordination contract to improve electricity supply chain performance. The main results are as follows. Firstly, sensitivity to electricity sustainability contributes to increased electricity sustainability, electricity price, electricity demand, and supply chain enterprises' profits. Secondly, a centralized model is conducive to investment in more sustainable energy production. Finally, electricity supply chain system coordination can be realized by combining revenue-sharing and cost-sharing in a fixed compensation contract.