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Research on the Risk Factors of Power Coal Supply in China's Shanxi Province Based on ISM

Received: 21 July 2015     Accepted: 4 August 2015     Published: 14 September 2015
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Abstract

The stability of power coal supply is of great significance for coal base construction and the focus of thermal power enterprise investment in Shanxi province. This paper analyzes the risk factors of power coal supply chain, builds up the power coal supply risk identification model based on ISM and identifies the major power coal supply risks. It is found that the key power coal supply risks for Shanxi's thermal power enterprise are coal enterprises business risk, the coal price fluctuation, coal supply contract risk etc. And then put forward the risk prevention measures.

Published in Journal of Investment and Management (Volume 4, Issue 6)
DOI 10.11648/j.jim.20150406.20
Page(s) 363-368
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2015. Published by Science Publishing Group

Keywords

Power Coal Supply Risk, Interpretative Structural Modeling (ISM), Thermal Power Enterprise, Risk Prevention

References
[1] DOU Xun, LI Yang, GAO Ciwei, SONG Hongkun, RUAN Wenjun. A Coal Supply Security Early Warning System Based on Fuzzy Comprehensive Evaluation Method [J]. Automation of Electric Power Systems, 2011, 01: 29-33+76.
[2] YAN Bing. Study on the Coordination Mechanism about the Sustainable Supply Chain of Power-coal [D].North China Electric University (Beijing), 2010.
[3] Jian Zhiguo. Research on Risk Analysis and Control of Power Coal Supply Chain [D]. North China Electric University, 2014.
[4] Han Yuzhong. Analysis of Guohua Power Coal Supply Chain Risk [D]. Dalian Maritime University, 2013.
[5] YU Zuo, KONG Xian-li. The Formation Mechanism of Tense Atmosphere in Coal-electricity Relationships in the Policies Conflict Aspects [J]. China Industrial Economics, 2010, 04:46-57.
[6] ZHENG Jiaxi. WANG Jiao. Analysis on the risk factors of the FUZZY-ISM structure model of government farmland water conservancy construction project [J]. Journal of Agrotechnical Economics, 2013, 12: 110-117.
[7] WANG Hui, QIAO Jie. Clustering and testing the influence factors of cost management based on ISM [J].Statistics & Decision, 2014, 22: 174-176.
[8] SUN Xue-jun. On the influential factors of low carbonization of coal supply chain based on the interpretative structural model [J]. Journal of Safety and Environment, 2014, 05: 270-274.
[9] HAO Yun-jian, HU Xing-qiiu, WANG Hong-liang. An Analysis of Hydropower Investment Risks in Southeast Asia of China’s Hydropower Enterprises Based on ISM [J]. China Rural Water and Hydropower, 2014, 01: 157-160.
[10] Yokabed Beikkhakhiana, Mohammad Javanmardib, Mahdi Karbasianb, Bijan Khayambashib. The application of ISM model in evaluating agile suppliers selection criteria and ranking suppliers using fuzzy TOPSIS-AHP methods [J]. Expert Systems with Applications, 2015, 42: 6224-6236.
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  • APA Style

    Jun Dong, Huijuan Huo. (2015). Research on the Risk Factors of Power Coal Supply in China's Shanxi Province Based on ISM. Journal of Investment and Management, 4(6), 363-368. https://doi.org/10.11648/j.jim.20150406.20

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    ACS Style

    Jun Dong; Huijuan Huo. Research on the Risk Factors of Power Coal Supply in China's Shanxi Province Based on ISM. J. Invest. Manag. 2015, 4(6), 363-368. doi: 10.11648/j.jim.20150406.20

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    AMA Style

    Jun Dong, Huijuan Huo. Research on the Risk Factors of Power Coal Supply in China's Shanxi Province Based on ISM. J Invest Manag. 2015;4(6):363-368. doi: 10.11648/j.jim.20150406.20

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  • @article{10.11648/j.jim.20150406.20,
      author = {Jun Dong and Huijuan Huo},
      title = {Research on the Risk Factors of Power Coal Supply in China's Shanxi Province Based on ISM},
      journal = {Journal of Investment and Management},
      volume = {4},
      number = {6},
      pages = {363-368},
      doi = {10.11648/j.jim.20150406.20},
      url = {https://doi.org/10.11648/j.jim.20150406.20},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jim.20150406.20},
      abstract = {The stability of power coal supply is of great significance for coal base construction and the focus of thermal power enterprise investment in Shanxi province. This paper analyzes the risk factors of power coal supply chain, builds up the power coal supply risk identification model based on ISM and identifies the major power coal supply risks. It is found that the key power coal supply risks for Shanxi's thermal power enterprise are coal enterprises business risk, the coal price fluctuation, coal supply contract risk etc. And then put forward the risk prevention measures.},
     year = {2015}
    }
    

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  • TY  - JOUR
    T1  - Research on the Risk Factors of Power Coal Supply in China's Shanxi Province Based on ISM
    AU  - Jun Dong
    AU  - Huijuan Huo
    Y1  - 2015/09/14
    PY  - 2015
    N1  - https://doi.org/10.11648/j.jim.20150406.20
    DO  - 10.11648/j.jim.20150406.20
    T2  - Journal of Investment and Management
    JF  - Journal of Investment and Management
    JO  - Journal of Investment and Management
    SP  - 363
    EP  - 368
    PB  - Science Publishing Group
    SN  - 2328-7721
    UR  - https://doi.org/10.11648/j.jim.20150406.20
    AB  - The stability of power coal supply is of great significance for coal base construction and the focus of thermal power enterprise investment in Shanxi province. This paper analyzes the risk factors of power coal supply chain, builds up the power coal supply risk identification model based on ISM and identifies the major power coal supply risks. It is found that the key power coal supply risks for Shanxi's thermal power enterprise are coal enterprises business risk, the coal price fluctuation, coal supply contract risk etc. And then put forward the risk prevention measures.
    VL  - 4
    IS  - 6
    ER  - 

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Author Information
  • School of Economics and Management, North China Electric Power University, Beijing, China

  • School of Economics and Management, North China Electric Power University, Beijing, China

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