Multiperiod Coordination Models of Coal-Electricity Supply Chain with Double Price Regulations

Using game models, we study multiperiod coordination contract and model of coal-electricity supply chain under the condition of double price regulations to alleviate the price conflicts of coal and electricity enterprises. The study reveals that, in boom seasons of coal demand, the multiperiod coord...

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Main Authors: Hongjun Peng, Meihua Zhou, Fudong Wang
Format: Article
Language:English
Published: Wiley 2015-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2015/789597
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author Hongjun Peng
Meihua Zhou
Fudong Wang
author_facet Hongjun Peng
Meihua Zhou
Fudong Wang
author_sort Hongjun Peng
collection DOAJ
description Using game models, we study multiperiod coordination contract and model of coal-electricity supply chain under the condition of double price regulations to alleviate the price conflicts of coal and electricity enterprises. The study reveals that, in boom seasons of coal demand, the multiperiod coordination mechanism may not only reduce the price of thermal coal but also increase the fulfillment rate of thermal coal. Meanwhile, the ordering quantity of thermal coal is increased and the shortage probability of electricity supply is decreased. Thereby, the conflicts between coal and electricity are also alleviated effectively.
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institution Kabale University
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language English
publishDate 2015-01-01
publisher Wiley
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series Discrete Dynamics in Nature and Society
spelling doaj-art-e9ca24018cd94500812d6e6e22fa85082025-02-03T01:02:30ZengWileyDiscrete Dynamics in Nature and Society1026-02261607-887X2015-01-01201510.1155/2015/789597789597Multiperiod Coordination Models of Coal-Electricity Supply Chain with Double Price RegulationsHongjun Peng0Meihua Zhou1Fudong Wang2College of Economics and Management, Nanjing Forestry University, Nanjing 210037, ChinaSchool of Management, China University of Mining and Technology, Xuzhou 221116, ChinaSchool of Management, China University of Mining and Technology, Xuzhou 221116, ChinaUsing game models, we study multiperiod coordination contract and model of coal-electricity supply chain under the condition of double price regulations to alleviate the price conflicts of coal and electricity enterprises. The study reveals that, in boom seasons of coal demand, the multiperiod coordination mechanism may not only reduce the price of thermal coal but also increase the fulfillment rate of thermal coal. Meanwhile, the ordering quantity of thermal coal is increased and the shortage probability of electricity supply is decreased. Thereby, the conflicts between coal and electricity are also alleviated effectively.http://dx.doi.org/10.1155/2015/789597
spellingShingle Hongjun Peng
Meihua Zhou
Fudong Wang
Multiperiod Coordination Models of Coal-Electricity Supply Chain with Double Price Regulations
Discrete Dynamics in Nature and Society
title Multiperiod Coordination Models of Coal-Electricity Supply Chain with Double Price Regulations
title_full Multiperiod Coordination Models of Coal-Electricity Supply Chain with Double Price Regulations
title_fullStr Multiperiod Coordination Models of Coal-Electricity Supply Chain with Double Price Regulations
title_full_unstemmed Multiperiod Coordination Models of Coal-Electricity Supply Chain with Double Price Regulations
title_short Multiperiod Coordination Models of Coal-Electricity Supply Chain with Double Price Regulations
title_sort multiperiod coordination models of coal electricity supply chain with double price regulations
url http://dx.doi.org/10.1155/2015/789597
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AT meihuazhou multiperiodcoordinationmodelsofcoalelectricitysupplychainwithdoublepriceregulations
AT fudongwang multiperiodcoordinationmodelsofcoalelectricitysupplychainwithdoublepriceregulations