On the morning of May 9, 2024, at the invitation of the School of Management, Professor Tang Ou from Linköping University, Sweden, came to the school for academic exchange and delivered an academic lecture titled "Swedish Electricity and Hydrogen Market: An Outlook" in the School of Management's Lecture Hall 214. This lecture was the seventh installment of the School of Management's 2024 Overseas Lecture Series. The meeting was chaired by Associate Professor Shao Jing, with the participation of some faculty and students from the School of Management.
Before the meeting began, Shao Jing provided a brief introduction to Tang Ou's personal background and academic achievements, and extended a warm welcome to his arrival.
Tang Ou first introduced the current state of Sweden's energy supply and the problems it faces: regional imbalance and supply-demand imbalance. He then discussed the prospects for electricity and hydrogen in the context of Swedish policy: the Swedish government is focusing on promoting renewable energy sources such as wind and hydro power, further reducing the proportion of nuclear energy in the energy structure. The intermittent supply of wind and hydro power leads to short-term fluctuations in electricity prices, which in turn affects the revenue of large-scale power generation facilities. He believes that hydrogen production can provide alternative opportunities for Sweden's large-scale power generation facilities. Energy policies are influenced by factors such as the intermittency of renewable energy, energy costs, and price volatility. Accurately predicting the implementation effects of energy policies is a challenge. Tang Ou proposed and utilized a system dynamics model to describe the complex interactions between energy policymakers, electricity producers, and the market, considering operational characteristics such as randomness and seasonality in electricity production. He analyzed strategic decisions such as the increase in new energy capacity and the reduction of traditional energy capacity. Using data from Sweden's electricity industry, he demonstrated that the established model can accurately predict the adjustment trends of new and old energy, as well as future electricity price fluctuations. At the same time, in response to the issue of electricity supply-demand imbalance, Tang Ou introduced the research issue of using excess nuclear power for hydrogen production, with the background of Sweden's nuclear power.
During the interactive session, Tang Ou had an in-depth exchange with the faculty and students present on how to determine good research topics and related issues such as the establishment of a Swedish power generation model in research.
Introduction to the Speaker:
Tang Ou is a professor at Linköping University in Sweden. Since 2008, he has successively served as the Associate Editor and Editor-in-Chief of the International Journal of Production Economics, and he has been the chairman of the International Inventory Research Association. Professor Tang Ou's main research directions are operations and supply chain management, including inventory management, optimization of production planning and control systems, closed-loop supply chain management, sustainable supply chain management, supply chain risk management, and operational management issues in the context of China. He has published over 100 papers in international academic journals, including Production and Operations Management, European Journal of Operational Research, Computers and Operations Research, Omega, International Journal of Production Economics, and other journals. Professor Tang Ou has extensive industry practice and research experience; he has conducted research and provided consulting services for the production and logistics systems of more than 50 companies, including well-known enterprises such as Volvo, Toyota, Siemens, HP, General Electric, Ericsson, and IKEA.
(Written by / Lu Zunchang Reviewed by / Shao Jing, Zhang Shuang)
