{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,4,7]],"date-time":"2026-04-07T19:01:30Z","timestamp":1775588490861,"version":"3.50.1"},"reference-count":41,"publisher":"Emerald","issue":"7","license":[{"start":{"date-parts":[[2021,5,28]],"date-time":"2021-05-28T00:00:00Z","timestamp":1622160000000},"content-version":"tdm","delay-in-days":0,"URL":"https:\/\/www.emerald.com\/insight\/site-policies"}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["IMDS"],"published-print":{"date-parts":[[2021,7,5]]},"abstract":"<jats:sec><jats:title content-type=\"abstract-subheading\">Purpose<\/jats:title><jats:p>In the hybrid electricity market consisting of renewable and conventional energy, the generation output of renewable power is uncertain because of its intermittency, and the power market demand is also fluctuant. Meanwhile, there is fierce competition among power producers in the power supply market and retailers in the demand market after deregulation, which increases the difficulty of renewable energy power grid-connection. To promote grid-connection of renewable energy power in the hybrid electricity market, the authors construct different contract decision-making models in the \u201cmany-to-many\u201d hybrid power supply chain to explore the pricing strategy of renewable energy power grid-connecting.<\/jats:p><\/jats:sec><jats:sec><jats:title content-type=\"abstract-subheading\">Design\/methodology\/approach<\/jats:title><jats:p>Considering the dual-uncertainty of renewable energy power output and electricity market demand, the authors construct different decision-making models of wholesale price contract and revenue-sharing contract to compare and optimize grid-connecting pricing, respectively, to maximize the profits of different participants in the hybrid power supply chain. Besides, the authors set different parameters in the models to explore the influence of competition intensity, government subsidies, etc. on power pricing. Then, a numerical simulation is carried out, they verify the existence of the equilibrium solutions satisfying the supply chain coordination, compare the differences of pricing contracts and further analyze the variation characteristics of optimal contract parameters and their interaction relations.<\/jats:p><\/jats:sec><jats:sec><jats:title content-type=\"abstract-subheading\">Findings<\/jats:title><jats:p>Revenue-sharing contract can increase the quantity of green power grid-connection and realize benefits Pareto improvement of all parties in hybrid power supply chain. The competition intensity both of power supply and demand market will have an impact on the sharing ratio, and the increase of competition intensity results in a reduction of power supply chain coordination pressure. The power contract price, spot price and selling price have all been reduced with the increase of the sharing ratio, and the price of renewable power is more sensitive to the ratio change. The sharing ratio shows a downward trend with the increase of government green power subsidies.<\/jats:p><\/jats:sec><jats:sec><jats:title content-type=\"abstract-subheading\">Originality\/value<\/jats:title><jats:p>On the basis of expanding the definition of hybrid power market and the theory of newsvendor model, considering the dual-uncertainty of green power generation output and electricity market demand, this paper builds and compares different contract decision-making models to study the grid-connection pricing strategy of renewable energy power. And as an extension of supply chain structure types and management, the authors build a \u201cmany-to-many\u201d power supply chain structure model and analyze the impact of competition intensity among power enterprises and the government subsidy on the power grid-connecting pricing.<\/jats:p><\/jats:sec>","DOI":"10.1108\/imds-09-2020-0543","type":"journal-article","created":{"date-parts":[[2021,5,27]],"date-time":"2021-05-27T22:25:39Z","timestamp":1622154339000},"page":"1522-1551","source":"Crossref","is-referenced-by-count":13,"title":["Pricing contract design of a multi-supplier-multi-retailer supply chain in hybrid electricity market"],"prefix":"10.1108","volume":"121","author":[{"ORCID":"https:\/\/orcid.org\/0000-0001-6034-7880","authenticated-orcid":false,"given":"Zhenning","family":"Zhu","sequence":"first","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]},{"ORCID":"https:\/\/orcid.org\/0000-0003-3107-4945","authenticated-orcid":false,"given":"Lingcheng","family":"Kong","sequence":"additional","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]},{"ORCID":"https:\/\/orcid.org\/0000-0003-0983-1081","authenticated-orcid":false,"given":"Gulizhaer","family":"Aisaiti","sequence":"additional","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]},{"ORCID":"https:\/\/orcid.org\/0000-0003-1593-5004","authenticated-orcid":false,"given":"Mingzhen","family":"Song","sequence":"additional","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]},{"ORCID":"https:\/\/orcid.org\/0000-0003-2222-9239","authenticated-orcid":false,"given":"Zefeng","family":"Mi","sequence":"additional","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]}],"member":"140","published-online":{"date-parts":[[2021,5,28]]},"reference":[{"issue":"1","key":"key2022092814073949900_ref001","first-page":"137","article-title":"Competition in electricity markets with renewable energy sources","volume":"38","year":"2017","journal-title":"Energy Journal"},{"issue":"6","key":"key2022092814073949900_ref002","doi-asserted-by":"crossref","first-page":"3347","DOI":"10.1016\/j.enpol.2006.11.020","article-title":"The effect of financial constraints, technological progress and long-term contracts on tradable green certificates","volume":"35","year":"2007","journal-title":"Energy Policy"},{"key":"key2022092814073949900_ref003","doi-asserted-by":"crossref","first-page":"42","DOI":"10.1016\/j.ijpe.2016.05.001","article-title":"A revenue-sharing option contract toward coordination of supply chains","volume":"178","year":"2016","journal-title":"International Journal of Production Economics"},{"issue":"5","key":"key2022092814073949900_ref004","doi-asserted-by":"crossref","first-page":"629","DOI":"10.1287\/mnsc.47.5.629.10486","article-title":"Contracting to assure supply: how to share demand forecasts in a supply chain","volume":"47","year":"2001","journal-title":"Management Science"},{"issue":"1","key":"key2022092814073949900_ref005","doi-asserted-by":"crossref","first-page":"30","DOI":"10.1287\/mnsc.1040.0215","article-title":"Supply chain coordination with revenue-sharing contracts strengths and limitations","volume":"51","year":"2005","journal-title":"Management Science"},{"issue":"4","key":"key2022092814073949900_ref006","doi-asserted-by":"crossref","first-page":"271","DOI":"10.1287\/mksc.10.4.271","article-title":"Price competition in a channel structure with a common retailer","volume":"10","year":"1991","journal-title":"Marketing Science"},{"key":"key2022092814073949900_ref007","doi-asserted-by":"crossref","first-page":"79","DOI":"10.1016\/j.enpol.2014.11.038","article-title":"The merit-order effect in the Italian power market: the impact of solar and wind generation on national wholesale electricity prices","volume":"77","year":"2015","journal-title":"Energy Policy"},{"key":"key2022092814073949900_ref008","doi-asserted-by":"crossref","first-page":"109","DOI":"10.1016\/j.renene.2016.11.003","article-title":"Modelling the impact of wind generation on electricity market prices in Ireland: an econometric versus unit commitment approach","volume":"104","year":"2017","journal-title":"Renewable Energy"},{"issue":"2","key":"key2022092814073949900_ref009","doi-asserted-by":"crossref","first-page":"150","DOI":"10.1111\/j.1753-0237.2008.00148.x","article-title":"Investment risk allocation in decentralised electricity markets. 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