Optimization of Energy Performance Contract Production Decision-Making

Zhi Jian Lu; Yuan Xin Sun; Ru Liang Yang

doi:10.4028/www.scientific.net/AMR.869-870.366

Paper Titles

Applied Research of Fault Tree Analysis Method of Liquefaction Dangerous Goods Safety Management in the Yangtze River Water Transportation
p.343

Thermal Unit Energy Conservation Load Dispatch Based on Harmony Search Algorithm Combined with Dynamic Unit Commitment
p.351

Risk Decision Analysis for Power Suppliers under the Carbon Emission Trading Environment
p.356

Dynamic Analysis of Energy Consumption and Energy Productivity of Tianjin
p.362

Optimization of Energy Performance Contract Production Decision-Making
p.366

Policies of Energy Conservation and Emission Reduction for the Thermal Power Enterprises in China
p.371

An Empirical Study on China's Energy Consumption, Carbon Emissions and Economic Growth
p.377

Government Incentives to Promote the Development of Green Building Based on Games Theory
p.381

Discussion on Gas Heating Costs in Changchun
p.385

HomeAdvanced Materials ResearchAdvanced Materials Research Vols. 869-870Optimization of Energy Performance Contract...

Optimization of Energy Performance Contract Production Decision-Making

Abstract:

EPC have an important role in promoting energy conservation and emission reduction in China. With the rapid development of the energy services industry, ESCOs faced with the problem how to make investment decisions about pricing and performance levels. This paper reference one monopoly pricing and performance level joint decision model into a single market, put forward the EPC price and performance level joint optimal decision model, and then solves it to obtain the optimal price and the best performance level. Lastly we take a numerical example to analyze Energy Service Companies (ESCOs) how to choose the performance level to obtain maximal profit. Result show that price sensitivity and performance level sensitivity of demand have an impact on the performance level choosing ; the highest rate of return on investment and maximum profit could be obtain at a lower performance level.

You might also be interested in these eBooks

Sustainable Development of Industry and Economy

View Preview

Info:

Periodical:

Advanced Materials Research (Volumes 869-870)

Pages:

366-370

DOI:

https://doi.org/10.4028/www.scientific.net/AMR.869-870.366

Citation:

Cite this paper

Online since:

December 2013

Authors:

Zhi Jian Lu, Yuan Xin Sun, Ru Liang Yang

Keywords:

Energy Performance Contract, Optimization of Production Decision-Making, Performance Level

Export:

RIS, BibTeX

Price:

Permissions CCC:

Request Permissions

Permissions PLS:

Request Permissions

Сopyright:

Citation:

References

[1] E. Vine：An international survey of the energy service company (ESCO) industry, J. Energy Policy. 33 (2005).

Google Scholar

[2] S. Sorrell, The economics of energy service contracts, J. Energy Policy. 35 (2007).

Google Scholar

[3] L. Zhi-Jian, S. Yuan-Xin: The research framework of sharing information platform in Energy Performance Contract, J. Advanced Materials Research, Vols. 361-363 (2012).

Google Scholar

[4] C. Chambers, P. Kouvelis, J. Semple: Quality-based competition, profitability, and variable costs, J. Management Science. 12 (2003).

DOI: 10.1287/mnsc.1060.0581

Google Scholar

[5] L. Qian: Product price and performance level in one market or two separated markets under various cost structures and functions, J. Int. J. Production Economics. 2 (2011).

DOI: 10.1016/j.ijpe.2011.01.016

Google Scholar

[6] R.D. Banker, I. Khosla, K.K. Sinha: Quality and competition, J. Management Science. 9 (1998).

Google Scholar

[7] T. Boyaci, S. Ray: Product differentiation and capacity cost interaction in time and price sensitive markets, J. Manufacturing & Service Operations Management. 1 (2003).

DOI: 10.1287/msom.5.1.18.12757

Google Scholar

[8] V. Krishnan, W. Zhu: Designing a family of development intensive products, J. Management Science. 6 (2006).

Google Scholar