  {"id":6361,"date":"2023-11-30T09:34:39","date_gmt":"2023-11-30T08:34:39","guid":{"rendered":"https:\/\/www.uni.lu\/fdef-en\/?post_type=events&#038;p=6361"},"modified":"2024-08-14T14:08:56","modified_gmt":"2024-08-14T12:08:56","slug":"dem-lunch-seminar-with-alexander-angelus-texas-a-m-university-usa","status":"publish","type":"events","link":"https:\/\/www.uni.lu\/fdef-en\/events\/dem-lunch-seminar-with-alexander-angelus-texas-a-m-university-usa\/","title":{"rendered":"DEM Lunch Seminar with Alexander Angelus, Texas A&amp;M 成人头条versity, USA"},"content":{"rendered":"\n<section class=\"wp-block-unilux-blocks-free-section section\"><div class=\"container xl:max-w-screen-xl\">\n<ul class=\"wp-block-unilux-blocks-custom-buttons btn-list\"><li class=\"wp-block-unilux-blocks-custom-button\"    aria-disabled=\"false\"\n    >\n    <a\n        role=\"link\"\n        aria-disabled=\"false\"\n                    href=\"https:\/\/www.eventbrite.fr\/e\/dem-lunch-seminar-alexander-angelus-texas-am-university-usa-registration-829891948157?aff=oddtdtcreator\"\n                target=\"_blank\"\n        class=\"btn btn--primary\"\n            >Registration<\/a>\n<\/li>\n\n\n<li class=\"wp-block-unilux-blocks-custom-button\"    aria-disabled=\"false\"\n    >\n    <a\n        role=\"link\"\n        aria-disabled=\"false\"\n                    href=\"https:\/\/www.uni.lu\/fdef-en\/events\/dem-lunch-seminar-with-alexander-angelus-texas-a-m-university-usa\/calendar\"\n                target=\"_self\"\n        class=\"btn btn--secondary\"\n            >Add to calendar<\/a>\n<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-unilux-blocks-spacer is-spacer-size-sm\"><\/div>\n\n\n<p><strong>Supply Chain Coordination for&nbsp;Renewable Energy Development<\/strong><\/p>\n\n\n\n<p><strong>Abstract:<\/strong><\/p>\n\n\n\n<p>Because large-scale renewable energy sources, particularly wind energy, are often located in remote, sparsely-populated areas, they cannot be integrated into the existing grid without significant investment in dedicated and costly transmission capacity. Meeting society\u2019s goals of rapidly reducing carbon emissions by increasing renewable energy generation therefore requires coordinating investments from both a power generation company and transmission company. The resulting decentralized supply chain faces incentive conflicts. In this paper, we formulate and analyze a continuous-time model of such a decentralized renewable supply chain, characterize the resulting equilibrium, and establish its uniqueness. We prove that both companies under-invest in their respective capacities compared to a centralized supply chain. In a number of settings, the transmission company does not invest at all due to the insufficient resulting marginal profit. To address the challenge of coordinating decentralized and costly investments in renewable generation and transmission capacities, we introduce a coordination scheme in which each company pays a specific portion of the other company\u2019s total investment costs. We establish that there exists a unique investment cost-sharing scheme that perfectly coordinates this renewable energy supply chain and provides incentives for the transmission company to invest for all (practical) ranges of model parameters. We show that this coordination scheme is Pareto optimal, as it raises optimal profits for both companies across all practical ranges of model parameters. The resulting increases in total supply chain profits average 250% in our numerical studies.<\/p>\n\n\n<div class=\"wp-block-unilux-blocks-spacer is-spacer-size-sm\"><\/div>\n\n\n<p><strong>成人头条 Alexander Angelus:<\/strong><\/p>\n\n\n\n<p><em><strong>Alexander Angelus<\/strong> is an Assistant Professor of Operations Management at Mays Business School at Texas A&amp;M 成人头条versity. He received his Ph.D. in Operations, Information and Technology from the Graduate School of Business at Stanford 成人头条versity, and B.S. in Mathematics from MIT. Previously, he was a faculty member at 成人头条versity of Texas at Dallas, Singapore Management 成人头条versity, and the 成人头条versity of California, Berkeley.<br>His research focus is on improving decision making for complex systems under uncertainty, including inventory planning for multi-stage supply chains, investment decisions for renewable energy generation, and capacity decisions for manufacturing firms such as vaccine producers and semiconductor manufacturers. His research has been published in Management Science; Operations Research; Manufacturing, Service &amp; Operations Management; and Production and Operations Management.<\/em><\/p>\n\n\n<div class=\"wp-block-unilux-blocks-spacer is-spacer-size-sm\"><\/div>\n\n\n<p><strong>Language:<\/strong> English<\/p>\n\n\n\n<p>This is a free seminar. Registration is mandatory.<\/p>\n\n\n<div class=\"wp-block-unilux-blocks-spacer is-spacer-size-sm\"><\/div>\n\n\n<p><strong>Contact:<br><\/strong><a href=\"mailto:dem@uni.lu\">dem@uni.lu<\/a> <br>Tel: +352 46 66 44 6283<\/p>\n\n\n<div class=\"wp-block-unilux-blocks-spacer is-spacer-size-sm\"><\/div>\n\n\n<div class=\"wp-block-columns is-layout-flex wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\"><figure class=\"wp-block-dev4-reusable-blocks-image  object-fit--contain\">\n    \n<img decoding=\"async\" class=\"wp-block-image unilux-custom-image-block\"\n                alt=\"\"\n            src=\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2023\/08\/FNR-logo.jpg.png\"\n                srcset=\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2023\/08\/FNR-logo.jpg-300x50.png 300w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2023\/08\/FNR-logo.jpg-1024x172.png 1024w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2023\/08\/FNR-logo.jpg-768x129.png 768w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2023\/08\/FNR-logo.jpg-1536x258.png 1536w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2023\/08\/FNR-logo.jpg.png 1920w\"\n                style=\"object-position: 0.00% 0.00%; font-family: &quot;object-fit: contain; object-position: 0.00% 0.00%;&quot;; aspect-ratio: 16\/9; object-fit: contain; width: 75%;\"\n        loading=\"lazy\"\n\/>    <\/figure><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\"><div class=\"wp-block-unilux-blocks-spacer is-spacer-size-sm\"><\/div>\n\n\n<p><em><strong>Supported by the Luxembourg National Research Fund (FNR) 17931929<\/strong><\/em><\/p>\n<\/div>\n<\/div>\n<\/div><\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":47,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","format":"standard","meta":{"featured_image_focal_point":[],"show_featured_caption":false,"ulux_newsletter_groups":"","uluxPostTitle":"","uluxPrePostTitle":"","_trash_the_other_posts":false,"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"0","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"event_start_date":"2024-03-27 13:00:00","event_end_date":"2024-03-27 14:00:00","event_speaker_name":"Alexander Angelus","event_speaker_link":"","event_is_online":false,"event_location":"Campus Kirchberg ","event_street":"6, Rue Richard Coudenhove-Kalergi","event_location_link":"https:\/\/www.uni.lu\/en\/about\/campuses\/kirchberg-campus\/","event_zip_code":"1359","event_city":"Luxembourg","event_country":"Luxembourg"},"events-topic":[298],"events-type":[323,322,315],"organisation":[138,101],"authorship":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v22.3) - 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