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

The Guidelines and Regulations of The Second Simulated Competition of The Belt and Road Business Decision for Energy and Electric Power



  1. Competition Overview

    1. Mission and Vision

Business simulation is a popular mode of education in commerce and management, as well as the most effective tool for helping managers master administration and decision-making skills. Nowadays, all sectors of the economy, enterprise operation and management, and finance adopt the simulated approach to summarize experience and adjust strategies. The same goes for the energy and electric power industry. The business simulation of this area plays an irreplaceable positive role in cultivating future managers and leaders of the power industry.

The international innovation and entrepreneurship competition for the energy and electric power market is organized annually from 2019. It aims to extend the communication between college students from the countries along "Belt and Road" and Chinese ones, and push forward the high-level learning, exchange and cooperation between both at multi-levels and in a wide range. Besides, it intends to jointly create open, inclusive, balanced, and equitable study environment and cooperation framework, and further enhance the business knowledge application and innovation ability of students in this market. It is hoped that students can enjoy learning, sharing, and exchanging.

    1. Purpose

The contest will be conducted by Shanghai University of Electric Power through CESIM's international energy and electric power business decision-making simulation system, which is a renowned commerce simulation "Internet Plus" platform supporting 21 languages. Through activities, students' business knowledge application and innovation capabilities of energy and electric power industry will be further improved so that they can gain a better understanding of business thinking in this area. It is great to apply the learning process to innovation and entrepreneurship contests to disseminate the energy and power culture.

    1. Brief Introduction of Sponsor

Shanghai University of Electric Power is a full-time institution of higher education, which was jointly established by the central authorities and the Shanghai government and is mainly managed by Shanghai. The university currently has two campuses in Yangpu and Pudong Districts, with more than 12000 full-time students and more than 1000 faculties and staff members.

The school motto is "patriotic, diligent, pragmatic and progressive". The school adheres to the guiding principle of "gain on a foothold in electric power, application, and first-class university", and sets up the educational philosophy of "being pragmatic and practical, being sensible and far-sighted". In addition, Shanghai University of Electric Power insists on deepening reform and speeds up the inner construction. Its scale, level, quality and international impact have been steadily improved, and it has gradually developed into an institution of higher education that primarily focuses on engineering and also teaches science, management, economics and arts. What is more, it is a university with coordinated multidisciplinary development and distinctive major subject - energy and electric power.

Shanghai University of Electric Power signed a cooperation agreement with the Asian Development Bank (ADB) to collectively promote the development of smart grids in Asia. It also proposed establishing "ADEPT global electricity university alliance" with 10 great international schools and was elected as a permanent president one. The school has signed cooperation deals with the British University of Strathclyde, Russian National Research University (Moscow Power Engineering Institute), German Brandenburg University of Technology Cottbus-Senftenberg, Australian Curtin University, Malaysian Universiti Tenaga Nasional, etc. In October 2018, it launched the establishment of "Belt and Road electric power university union" and "Belt and Road electric power production-teaching-research union". Moreover, it signed the memorandum of inter-school communication and collaboration with Philippine Batangas State University, Thai Suranaree University of Technology, Shanghai Electric Power Construction Co., Ltd, the Brazilian CPFL company(hold by State Grid), and other more than 20 universities and enterprises which are characterized by electricity to discuss international communication and collaboration between energy and power industry and universities together.

The university takes the initiative to be connected with the national strategy of "Belt and Road", and sets up "Belt and Road energy and electric power international talent training base" and "Belt and Road energy and electric power overseas temporary post-training base" according to its own characteristics. It has set up a "Sino-Portuguese cultural exchange center" to build a bridge between teachers and students of the university and lusophone countries. Also, the school holds "Belt and Road international senior training class for energy and electric power" and class for energy and electricity enterprises, which has gained a higher reputation in this area.

    1. Distinguishing Features

  • Based on the industry, combined with reality, practicing actual maneuvers and promoting employment.

  • An international co-constructed talent training and selection platform.

  • Promoting learning by competition. The content of the competition is based on the professional knowledge that students learned.

  • An innovative competition approach, online contest, fair and just.


  1. Competition Management

    1. Contestant

  • Undergraduate students at Shanghai University of Electric Power and those invited from the countries along "Belt and Road" (both with formal school rolls).

Participating in the competition as a team is required, and each team has a maximum of 4 people. Besides, each team allows a maximum of 2 participants who already took part in the last competition.

    1. Introduction to The Competition Platform

SimPower, provided by CESIM, was used as the contest platform. Each team consists of up to 4 players competing in a common virtual marketplace. Also, each team represents a company that completes decisions before a given deadline.

Here is an introduction to the SimPower which is an electric power and new energy industry management simulated platform. The source case of this simulation deduces the future development trend of Chinese electricity generation area well. Participants will manage an electricity company that produces power from coal and fuel or with an environmentally-friendly method. Meanwhile, this company has a fixed client base, which can be divided into industrial and residential users. There will be price fluctuations in the market, and the enterprise operates in the areas that the green environmental regulations have been carried out and the CO2 emission target has been stipulated.


  1. Competition Process

The competition is composed of preliminary and final matches.

Preliminary match: August 2020, online;

Final match: October 2020, answering questions from experts on the internet.  


  1. Awards

Awards: grand prize, first prize, second prize and third prize.


  1. Supervision and Feedback

In order to ensure the fairness and justice of this competition, the supervision and feedback system is implemented for the initial evaluation results. The time period for complaints and feedback shall be 3 days from the date when the initial results are published, and it will not be accepted after expiration.

During the feedback period, the committee will accept and hear any violation of the regulations, rules and disciplines. Complaints and dissents must be submitted in writing, and dissents raised by individuals must be noted with real name, workplace, postal address, and accompanied by your own signature. In case of objections raised by an entity, the name, postal address and phone number of the contact person designated by the entity must be indicated, and the official seal must be affixed. The committee shall keep confidential for the individuals or entities that raise objections.