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Record W4412678952 · doi:10.1080/00207543.2025.2536727

Optimal production strategies for manufacturer with renewable energy supply fluctuations and financial risk mitigation

2025· article· en· W4412678952 on OpenAlex

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

affAt least one author lists a Canadian institution in the pinned OpenAlex snapshot.

Bibliographic record

VenueInternational Journal of Production Research · 2025
Typearticle
Languageen
FieldEngineering
TopicProcess Optimization and Integration
Canadian institutionsWilfrid Laurier University
Fundersnot available
KeywordsProduction (economics)Renewable energyBusinessFinancial riskRisk managementNatural resource economicsFinanceEnvironmental economicsRisk analysis (engineering)Industrial organizationEconomicsEngineeringMicroeconomics

Abstract

fetched live from OpenAlex

The global imperative to mitigate climate change underscores the critical importance of transitioning from conventional fossil fuels to sustainable energy sources. However, the integration of renewable energy into industrial operations presents substantial challenges, notably supply fluctuations. Simultaneously, manufacturers must navigate time-based energy pricing mechanisms (TEPM), which dynamically adjust electricity prices based on demand cycles, creating complex incentives for energy procurement. To address these challenges, this study develops a game-theoretic framework involving renewable energy suppliers, conventional energy suppliers, and manufacturers, aiming to identify optimal procurement strategies across different demand phases. Our findings show that manufacturers prefer a hybrid (renewable and conventional) energy strategy when renewable capacity and market demand are high. The profit gap between demand phases depends on renewable energy’s market share. Renewable adoption also helps manufacturers reduce financial risks, especially when spot prices are volatile and contracts provide price protection. From a consumer perspective, hybrid energy strategies enhance welfare when renewable spot prices are low, while high prices and stable output incentivize risk-averse supplier behaviour. These findings enrich the theoretical discourse on energy transition under operational constraints and provide practical implications for manufacturers, energy providers, and policymakers seeking to balance cost efficiency, environmental sustainability, and market stability.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.001
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.783
Threshold uncertainty score0.349

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0010.001
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0010.000
Science and technology studies0.0000.000
Scholarly communication0.0000.001
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.015
GPT teacher head0.309
Teacher spread0.294 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it