{"id":"https://openalex.org/W2618050926","doi":"https://doi.org/10.1108/imds-06-2016-0213","title":"RES-E capacity investment under uncertain renewable energy supply and volatile electricity spot price","display_name":"RES-E capacity investment under uncertain renewable energy supply and volatile electricity spot price","publication_year":2017,"publication_date":"2017-05-24","ids":{"openalex":"https://openalex.org/W2618050926","doi":"https://doi.org/10.1108/imds-06-2016-0213","mag":"2618050926"},"language":"en","primary_location":{"id":"doi:10.1108/imds-06-2016-0213","is_oa":false,"landing_page_url":"https://doi.org/10.1108/imds-06-2016-0213","pdf_url":null,"source":{"id":"https://openalex.org/S37320504","display_name":"Industrial Management & Data Systems","issn_l":"0263-5577","issn":["0263-5577","1758-5783"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Industrial Management & Data Systems","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5088421368","display_name":"Lingcheng Kong","orcid":"https://orcid.org/0000-0003-3107-4945"},"institutions":[{"id":"https://openalex.org/I143593769","display_name":"East China University of Science and Technology","ror":"https://ror.org/01vyrm377","country_code":"CN","type":"education","lineage":["https://openalex.org/I143593769"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Lingcheng Kong","raw_affiliation_strings":["Bussiness School, East China University of Science and Technology, Shanghai, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Bussiness School, East China University of Science and Technology, Shanghai, China","institution_ids":["https://openalex.org/I143593769"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5020561528","display_name":"Zhong Li","orcid":"https://orcid.org/0000-0003-2304-923X"},"institutions":[{"id":"https://openalex.org/I141962983","display_name":"Shanghai University of Engineering Science","ror":"https://ror.org/0557b9y08","country_code":"CN","type":"education","lineage":["https://openalex.org/I141962983"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Zhong Li","raw_affiliation_strings":["Shanghai University of Engineering Science, Shanghai, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Shanghai University of Engineering Science, Shanghai, China","institution_ids":["https://openalex.org/I141962983"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5087472492","display_name":"Ling Liang","orcid":"https://orcid.org/0000-0002-5410-736X"},"institutions":[{"id":"https://openalex.org/I905225518","display_name":"Shanghai University of International Business and Economics","ror":"https://ror.org/031t68441","country_code":"CN","type":"education","lineage":["https://openalex.org/I905225518"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Ling Liang","raw_affiliation_strings":["Shanghai University of International Business and Economics, Shanghai, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Shanghai University of International Business and Economics, Shanghai, China","institution_ids":["https://openalex.org/I905225518"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5070018598","display_name":"Jiaping Xie","orcid":"https://orcid.org/0000-0001-7905-341X"},"institutions":[{"id":"https://openalex.org/I181679659","display_name":"Shanghai University of Finance and Economics","ror":"https://ror.org/00wtvfq62","country_code":"CN","type":"education","lineage":["https://openalex.org/I181679659"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Jiaping Xie","raw_affiliation_strings":["The School of International Business Administration, Shanghai University of Finance and Economics, Shanghai, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"The School of International Business Administration, Shanghai University of Finance and Economics, Shanghai, China","institution_ids":["https://openalex.org/I181679659"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":4,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":3.4348,"has_fulltext":false,"cited_by_count":19,"citation_normalized_percentile":{"value":0.92553633,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":99},"biblio":{"volume":"117","issue":"6","first_page":"1145","last_page":"1165"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11976","display_name":"Capital Investment and Risk Analysis","score":0.9962999820709229,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11976","display_name":"Capital Investment and Risk Analysis","score":0.9962999820709229,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10603","display_name":"Smart Grid Energy Management","score":0.9936000108718872,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T11954","display_name":"Energy Efficiency and Management","score":0.9901999831199646,"subfield":{"id":"https://openalex.org/subfields/2105","display_name":"Renewable Energy, Sustainability and the Environment"},"field":{"id":"https://openalex.org/fields/21","display_name":"Energy"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/renewable-energy","display_name":"Renewable energy","score":0.7540239095687866},{"id":"https://openalex.org/keywords/spot-contract","display_name":"Spot contract","score":0.6234232187271118},{"id":"https://openalex.org/keywords/electricity","display_name":"Electricity","score":0.5633167028427124},{"id":"https://openalex.org/keywords/spot-market","display_name":"Spot market","score":0.5623360872268677},{"id":"https://openalex.org/keywords/electricity-market","display_name":"Electricity market","score":0.5600992441177368},{"id":"https://openalex.org/keywords/profitability-index","display_name":"Profitability index","score":0.5443910360336304},{"id":"https://openalex.org/keywords/electricity-retailing","display_name":"Electricity retailing","score":0.5341642498970032},{"id":"https://openalex.org/keywords/environmental-economics","display_name":"Environmental economics","score":0.43549680709838867},{"id":"https://openalex.org/keywords/electricity-generation","display_name":"Electricity generation","score":0.4190555810928345},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.41724711656570435},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.34317857027053833},{"id":"https://openalex.org/keywords/power","display_name":"Power (physics)","score":0.15668344497680664},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.14772596955299377},{"id":"https://openalex.org/keywords/electrical-engineering","display_name":"Electrical engineering","score":0.1165408194065094},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.10405927896499634}],"concepts":[{"id":"https://openalex.org/C188573790","wikidata":"https://www.wikidata.org/wiki/Q12705","display_name":"Renewable energy","level":2,"score":0.7540239095687866},{"id":"https://openalex.org/C175223733","wikidata":"https://www.wikidata.org/wiki/Q1047888","display_name":"Spot contract","level":3,"score":0.6234232187271118},{"id":"https://openalex.org/C206658404","wikidata":"https://www.wikidata.org/wiki/Q12725","display_name":"Electricity","level":2,"score":0.5633167028427124},{"id":"https://openalex.org/C2776789725","wikidata":"https://www.wikidata.org/wiki/Q1572221","display_name":"Spot market","level":3,"score":0.5623360872268677},{"id":"https://openalex.org/C146733006","wikidata":"https://www.wikidata.org/wiki/Q676081","display_name":"Electricity market","level":3,"score":0.5600992441177368},{"id":"https://openalex.org/C129361004","wikidata":"https://www.wikidata.org/wiki/Q2470236","display_name":"Profitability index","level":2,"score":0.5443910360336304},{"id":"https://openalex.org/C57101690","wikidata":"https://www.wikidata.org/wiki/Q2356921","display_name":"Electricity retailing","level":4,"score":0.5341642498970032},{"id":"https://openalex.org/C134560507","wikidata":"https://www.wikidata.org/wiki/Q753291","display_name":"Environmental economics","level":1,"score":0.43549680709838867},{"id":"https://openalex.org/C423512","wikidata":"https://www.wikidata.org/wiki/Q383973","display_name":"Electricity generation","level":3,"score":0.4190555810928345},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.41724711656570435},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.34317857027053833},{"id":"https://openalex.org/C163258240","wikidata":"https://www.wikidata.org/wiki/Q25342","display_name":"Power (physics)","level":2,"score":0.15668344497680664},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.14772596955299377},{"id":"https://openalex.org/C119599485","wikidata":"https://www.wikidata.org/wiki/Q43035","display_name":"Electrical engineering","level":1,"score":0.1165408194065094},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.10405927896499634},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C106306483","wikidata":"https://www.wikidata.org/wiki/Q183984","display_name":"Futures contract","level":2,"score":0.0},{"id":"https://openalex.org/C62520636","wikidata":"https://www.wikidata.org/wiki/Q944","display_name":"Quantum mechanics","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1108/imds-06-2016-0213","is_oa":false,"landing_page_url":"https://doi.org/10.1108/imds-06-2016-0213","pdf_url":null,"source":{"id":"https://openalex.org/S37320504","display_name":"Industrial Management & Data Systems","issn_l":"0263-5577","issn":["0263-5577","1758-5783"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Industrial Management & Data Systems","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/7","score":0.7400000095367432,"display_name":"Affordable and clean energy"}],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":38,"referenced_works":["https://openalex.org/W42215464","https://openalex.org/W136686160","https://openalex.org/W1678292474","https://openalex.org/W1966065781","https://openalex.org/W1977468211","https://openalex.org/W1982644510","https://openalex.org/W1984240433","https://openalex.org/W2000162856","https://openalex.org/W2000250270","https://openalex.org/W2003618578","https://openalex.org/W2004119345","https://openalex.org/W2007536129","https://openalex.org/W2007608127","https://openalex.org/W2008885237","https://openalex.org/W2010892660","https://openalex.org/W2013946534","https://openalex.org/W2017326124","https://openalex.org/W2043521656","https://openalex.org/W2052215293","https://openalex.org/W2054482965","https://openalex.org/W2056671189","https://openalex.org/W2067092802","https://openalex.org/W2067718885","https://openalex.org/W2072004250","https://openalex.org/W2076941799","https://openalex.org/W2082075445","https://openalex.org/W2088938301","https://openalex.org/W2120665403","https://openalex.org/W2138380733","https://openalex.org/W2155188502","https://openalex.org/W2157406401","https://openalex.org/W2165716918","https://openalex.org/W2582435736","https://openalex.org/W3121424338","https://openalex.org/W3123309206","https://openalex.org/W3124665574","https://openalex.org/W3125647812","https://openalex.org/W3204306846"],"related_works":["https://openalex.org/W2150379927","https://openalex.org/W4206258954","https://openalex.org/W3121293054","https://openalex.org/W3038716003","https://openalex.org/W4281709153","https://openalex.org/W3093216143","https://openalex.org/W2779890932","https://openalex.org/W4327782445","https://openalex.org/W1995484305","https://openalex.org/W2623853989"],"abstract_inverted_index":{"Purpose":[0],"When":[1,132],"the":[2,24,47,85,114,122,144,152,156,165,168,172,180,195,210],"power":[3,117,147],"generator":[4],"faces":[5],"uncertain":[6],"and":[7,12,31,80,129,155,158,217],"independent":[8,36],"electricity":[9,30,32,53,111,127,141,196,221],"spot":[10,33,54,110,126,140,220],"price":[11,34,55,112,128,142],"renewable":[13,27,57,103,115,133,145,169,185,190,211],"energy":[14,28,58,104,116,134,146,170,191,212],"source":[15,29],"supply,":[16,171],"two":[17,67,94,205],"different":[18,95],"conditions":[19],"need":[20,174],"to":[21,45,83,90,109,139,175,178,219],"be":[22],"considered:":[23],"distributions":[25],"of":[26,41,125,167],"are":[35],"or":[37],"dependent.":[38],"The":[39,70,98,187,202],"purpose":[40],"this":[42],"paper":[43],"is":[44,61,107,119,137,149,215],"explore":[46],"capacity":[48,74,87,182,206],"investment":[49,75,86,207],"strategy":[50],"under":[51,77,93,198],"volatile":[52],"when":[56,102],"penetration":[59],"rate":[60],"low,":[62],"taking":[63],"into":[64],"account":[65],"these":[66],"conditions.":[68,96],"Design/methodology/approach":[69],"authors":[71,99,173,203],"design":[72],"a":[73],"model":[76],"dual":[78],"uncertainties":[79],"consider":[81],"how":[82,177],"optimize":[84],"in":[88,194],"order":[89],"maximize":[91],"profit":[92],"Findings":[97],"find":[100],"that":[101,209],"supply":[105,135,213],"fluctuation":[106,136,214],"unrelated":[108,218],"fluctuation,":[113,143],"profitability":[118,148],"determined":[120,150],"by":[121,151],"average":[123],"cost":[124],"equivalent":[130],"cost.":[131,160],"related":[138,216],"market":[153,197],"value":[154],"construction":[157],"maintenance":[159],"Practical":[161],"implications":[162],"Faced":[163],"with":[164,183],"conflict":[166],"understand":[176],"plan":[179],"generation":[181],"intermittent":[184],"sources.":[186],"result":[188],"helps":[189],"become":[192],"competitive":[193],"loose":[199],"regulations.":[200],"Originality/value":[201],"compare":[204],"strategies":[208],"price.":[222]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2023,"cited_by_count":2},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":4},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":3},{"year":2018,"cited_by_count":6}],"updated_date":"2026-05-21T06:26:12.895304","created_date":"2025-10-10T00:00:00"}