Owen Wu

Areas of Expertise

Operations management for energy sustainability: investment and operations management of energy resources, renewable energy in electricity market competition, sustainable energy supply, and energy demand management. Empirical research on supply chain management and financial performance, supply chain structure and risk management.

Academic Degrees

• PhD in Management Science (with minor in Finance), University of British Columbia, 2006
• MEng in Industrial Engineering and Engineering Management, Hong Kong University of Science & Technology, 2001

Professional Experience

• Associate Professor, Kelley School of Business, Indiana University, 2014-present
• Assistant Professor, Ross School of Business, University of Michigan, 2006-2014
• Lecturer, Sauder School of Business, University of British Columbia, 2005
• Advisor for 20+ projects in manufacturing, service, and energy industries
• Track chair for the Energy and Natural Resources track for Production and Operations Management Society Conference
• Guest Associate Editor for Management Science
• Guest Associate Editor for Manufacturing & Service Operations Management

Awards, Honors & Certificates

• Paul Kleindorfer Award in Sustainability, Production and Operations Management Society, 2017.
• Finalist, Trustee Teaching Award, Kelley School of Business, Indiana University, 2017, 2016.
• Teaching Excellence Award, Ross School of Business, University of Michigan, 2011, 2009.
• Meritorious Service Award for Operations Research, 2012, and for Manufacturing & Service Operations Management, 2016, 2014, 2012, 2010, 2008.

Selected Publications

• Al-Gwaiz, M., Chao, X., Wu, O. (2017), "Understanding How Generation Flexibility and Renewable Energy Affect Power Market Competition," Manufacturing & Service Operations Management, (19)1: 114-131.

Abstract Owen and his colleagues study the impact of intermittent renewable power generation on the electricity market competition, in which power generators with different levels of flexibility participate in a supply function competition.  Their findings show that generators’ inflexibility contributes to the market power and that the policy of economically curtailing intermittent generation intensifies the market competition, reduces price volatility, and improves the system’s overall efficiency, especially when the production-based subsidies for renewable energy are absent.

• Owen Q. Wu, Roman Kapuscinski (2013), "Curtailing intermittent generation in electrical systems," Manufacturing & Service Operations Management, 15(4): 578–595.
• Owen Q. Wu, Volodymyr Babich, (2012), "Unit-contingent power purchase agreement and asymmetric information about plant outage," Manufacturing & Service Operations Management, 14(2): 245-261.
• Owen Q. Wu, Derek D. Wang, Zhenwei Qin (2012), "Seasonal energy storage operations with limited flexibility: the price-adjusted rolling intrinsic policy," _Manufacturing & Service Operations Managemen_t, 14(3): 455-471.
• Hong Chen, Owen Wu, David Yao, (2010), On the Benefit of Inventory-Based Dynamic Pricing Strategies, Production and Operations Management, 19(3) 249-260.
• Wu, Owen Q., and Hong Chen (2010), "Optimal control and equilibrium behavior of production-inventory systems," Management Science, 56(8) 1362-1379.
• Chen, H., M. Z. Frank, O. Q. Wu. (2007), "U.S. retail and wholesale inventory performance from 1981 to 2004," Manufacturing & Service Operations Management, 9(4): 430-456.
• Chen, H., M. Z. Frank, O. Q. Wu. (2005), "What actually happened to the inventories of American companies between 1981 and 2000?" Management Science, 51(7): 1015-1031.