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  • Open Access

    ARTICLE

    System Dynamics Forecasting on Taiwan Power Supply Chain

    Zhiqiu Yu1,*, Shuo-Yan Chou1, Phan Nguyen Ky Phuc2, Tiffany Hui-Kuang Yu3

    Computer Systems Science and Engineering, Vol.41, No.3, pp. 1191-1205, 2022, DOI:10.32604/csse.2022.021239

    Abstract This research aims to study the sustainability of Taiwan power supply chain based on system dynamics forecasting. The paper tries to investigate electricity shortage effects not only on the industrial side, but also from the standpoint of society. In our model, different forecasting methods such as linear regression, time series analysis, and gray forecasting are also considered to predict the parameters. Further tests such as the structure, dimension, historical fit, and sensitivity of the model are also conducted in this paper. Through analysis forecasting result, we believe that the demand for electricity in Taiwan will continue to increase to a… More >

  • Open Access

    ARTICLE

    Optimal Trading Decision-Making of Power Supply Chain under Renewable Portfolio Standards

    Hui Wang, Haocheng Xu*, Wenhui Zhao

    Energy Engineering, Vol.118, No.5, pp. 1375-1394, 2021, DOI:10.32604/EE.2021.014641

    Abstract Under the background of implementing renewable portfolio standards and the ever-improving tradable green certificate scheme, the increasingly environmentally-friendly preference of power users is leading to changes in electricity demand, which, in turn, is driving changes in the decision-making behaviors of various actors in the power supply chain. Based on this, with the goal of pursuing maximum profit, consumer-power-demand functions have been introduced with some consideration of the factors of consumer preference to establish an optimal profit model for each trading subject in non-cooperative states of the power supply chain, under the constraints of meeting renewable energy portfolio standards. Here, the… More >

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