Horizontal subcontracting and investment in idle dispatchable power plants

Coordinating Investment, Production and Subcontracting

We value the option of subcontracting to improve Þnancial performance and system coordination by analyzing a competitive stochastic investment game with recourse. The manufacturer and subcontractor decide separately on their capacity investment levels. Then demand uncertainty is resolved and both parties have the option to subcontract when deciding on their production and sales. We analyze and ...

Union bargaining power and innovation in the presence of subcontracting Union bargaining power and innovation in the presence of subcontracting

Coupling PV and CAES Power Plants to Transform Intermittent PV Electricity into a Dispatchable Electricity Source

James Mason1*,y, Vasilis Fthenakis, Ken Zweibel, Tom Hansen and Thomas Nikolakakis Renewable Energy Research Institute, 52 Columbia Street, Farmingdale, NY 17735, USA Center for Life Cycle Analysis, Columbia University, and Director of PV EH&S Research Center, Brookhaven National Laboratory, Upton, NY 11973, USA Institute for the Analysis of Solar Energy, George Washington University, 2121 I St...

Sourcing from the Enemy: Horizontal Subcontracting in Highway Procurement

This paper empirically considers the effect of horizontal subcontracting on firm bidding strategies in highway construction auctions. In this industry, subcontractors are hired by prime contractors prior to the auction, and the hired subcontractor may also be a competitor in the primary auction. While the practice of horizontal subcontracting may improve productive efficiency, serving as a hori...

Robust Unit Commitment with Dispatchable Wind Power

7 The increasing penetration of uncertain generation such as wind and solar in power systems imposes new challenges to the Unit Commitment (UC) problem, one of the most critical tasks in power systems operations. The two most common approaches to address these challenges — stochastic and robust optimization — have drawbacks that restrict their application to real-world systems. This paper demon...