The 6th International Energy and Electricity Market Business Decision Simulation Competition

The Collision of Business Innovative Thinking and Electricity Culture: The Opening Ceremony of The Second Simulation Competition of The Belt and Road Business Decision for Energy and Electric Power


On September 30th, the second “Belt and Road” International Energy and Electric Power Business Decision Simulation Contest hosted by Shanghai University of Electric Power was officially opened! 52 teams (200 participating students) from 10 universities in 6 countries along the “Belt and Road” will show their strengths and shine in this competition!

  

They are from Shanghai University of Electric Power, North China Electric Power University, Northeast Electric Power University, Batangas State University, University of Moratuwa, Suranaree University of Technology, Universitas Singaperbangsa Karawang, Vietnam Electric Power University, Nakhonphanom University, and Sri Lanka Institute of Information Technology.

 

The opening ceremony of the competition was carried out through an online live broadcast. Zeng Fenyu (Director of the International Office), Pan Hua (Dean of School of Economics and Management), Veijo Kyösti (CEO of CESIM OY), Wu Wen (General Manager of CESIM OY in China), Zhang Yun (Director of the Modern Education and Omnimedia Production Centre), Zhang Ye from the International Office, Cai Yiping, Zhang Kewei, and Li Lingli from the School of Economics and Management, and representatives of various universities attended the meeting. Theopening ceremony was presided over by Zeng Fenyu.




Pan Hua (Dean of the School of Economics and Management of Shanghai University of Electric Power) extended a warm welcome to the 52 teams participating in this competition. He emphasized that the energy and electric power business simulation contest is a multi-faceted event integrating energy, power, and business decision-making. It requires participating teams and players to be familiar with the entire decision-making environment of power utilities, including power sales, procurement, renewable energy investment, sustainable development policy, risk management, finance, and the relationship among them. He sent a message to the contestants for their achievements and great performance.



Pan Hua, Dean of the School of Economics and Management, Shanghai University of Electric Power


Mr. Veijo Kyösti, CEO of CESIM OY, delivered a speech. The company provided technical support for the competition. On behalf of CESIM OY, he congratulated the successful opening of the contest.



Mr. Veijo Kyösti, CEO of CESIM OY


Cai Yiping, a teacher from the School of Economics and Management of Shanghai University of Electric Power, introduced the situation and the process of the competition. A video showed the participants the process and outstanding results of the first “Belt and Road” International Energy and Electric Power Business Decision Simulation Competition.


Cai Yiping, Teacher from the School of Economics and Management, Shanghai University of Electric Power


At the opening ceremony, Dr. Jessie A. Montalbo (Dean of the Faculty of Engineering, Architecture and Fine Arts of Batangas State University), Mr. Phong Doan (Team Leader of Vietnam Electric Power University), Dr. Veena Phunpeng (Associate Professor of Suranaree University of Technology), and the representatives from North China Electric Power University, Northeast Electric Power University and other countries, including Indonesia and Sri Lanka, made speeches. They introduced in detail the situation of their participating teams and set a high value on this competition. They agreed that this competition can promote learning, exchanging, and cooperating between universities to achieve the goal of dissemination of energy and electricity culture.



Dr. Jessie A. Montalb, Dean of the Faculty of Engineering, Architecture and Fine Arts, Batangas State University, Philippines



Dr. Veena Phunpeng, Associate Professor, Suranaree University of Technology



Mr. Phong Doan, Team Leader, Vietnam Electric Power University


Zhang Kewei, Teacher from the School of Economics and Management, Shanghai University of Electric Power



Zhao Anjie, Representative of North China Electric Power University


Representative of Northeast Electric Power University


Zeng Fenyu (Director of the International Office of Shanghai University of Electric Power) concluded the speech. She hoped that through participating in this competition, the students would be able to improve their professional knowledge, exchanges, and cooperation, or cultural communication, and they would also be rewarded. With “If you never try, you will never know”, she inspired all teams to take the game seriously and achieve ideal results. 



Zeng Fenyu, Director of International Office, Shanghai University of Electric Power


The preliminary round of the contest officially started on October 1st, mainly on the CESIM energy and power business decision-making simulation platform. There are a total of one test round and six official rounds, lasting for 14 days, and ending on October 14th.

  

Energy is an important material basis for human survival and development, the driving force of human social and economic development, and one of the pillars of human modern civilization. The development and utilization of energy is an important indicator to measure the economic development and scientific and technological level of an era and a country, and it is directly related to people’s living standards. With the full development of the “Belt and Road” construction, energy cooperation has become a popular field, and the two can be connected to promote in-depth exchanges and cooperation on energy and power among talents of various countries.

 

Energy is a means of production and an important field of capital pursuit. The commercialization of electrical energy technology and the construction of an energy system will generate huge dividends. How to reasonably use this bonus will be one aspect for teams to consider.

  

Through the open and inclusive learning environment in this competition, the participating teams will help each other and obtain win-win results, which will drive in-depth exchanges and cooperation among energy and power universities, and will light up the “Belt and Road”. They will participate in promoting energy industry innovation with practical actions in the ranks of development!