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Personal profile


Bing Xu is an Associate Professor in Finance at the Heriot-Watt University. She holds a MA (Hons) in Business Studies and Accounting and a PhD in Management both from the University of Edinburgh. Previously, she worked at the Robert Gordon University as a Lecturer in Finance.

Research interests

Bing’s research concerns banking and finance, energy economics, applied energy, Data Envelopment Analysis and Multi-criteria Decision Making Analysis. She has also worked on a number of external funded research projects on the design of multidimensional frameworks for performance evaluation of competing energy strategies, and collaborated with a wide range of industrial and government partners (e.g., E-harbours; Efficient Sustainable Energy Management with the Abattoir and Dairy industries in Scotland). Currently, Bing is working on an EPSRC funded project on low carbon aviation biofuel through integration of novel technologies for co-valorisation of CO2 and biomass (EP/N009924/1), and she is the work package 5 leader on Energy Policy and Public Engagement.

Bing has published in journals such as Applied Energy, Energy Economics, Energy Journal, Transportation Research Part A: Policy and Practice and Expert Systems with Applications, Applied Economics, Economics Letter, Journal of Financial Stability, International Review of Financial Analysis, among others. Bing is interested in supervising PhD students in banking, energy economics and decision making analysis.

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Co Author Network Recent external collaboration on country level. Dive into details by clicking on the dots.

Research Output 2011 2019

  • 19 Article
  • 3 Chapter (peer-reviewed)
  • 1 Discussion paper

Performance Evaluation of Alternative Jet Fuels using a hybrid MCDA method

Xu, B., Kolosz, B. W., Andresen, J. M., Ouenniche, J., Greening, P., Chang, T-S. & Maroto-Valer, M. M., Feb 2019, In : Energy Procedia. 158, p. 1110-1115

Research output: Contribution to journalArticle

Open Access

Techno-economic Assessment of a Hybrid Off-grid DC System for Combined Heat and Power Generation in Remote Islands

Kalamaras, E., Belekoukia, M., Lin, Z., Xu, B., Wang, H. & Xuan, J., Feb 2019, In : Energy Procedia. 158, p. 6315-6320

Research output: Contribution to journalArticle

Open Access

A DSS for Designing an MCDA Study with Application in Performance Evaluation of Forecasting Models

Ouenniche, J., Xu, B. & Pérez-Gladish, B., 2018, Financial Decision Aid Using Multiple Criteria: Recent Models and Applications. Masri, H., Pérez-Gladish, B. & Zopounidis, C. (eds.). Springer, p. 19-48 (Multiple Criteria Decision Making)

Research output: Chapter in Book/Report/Conference proceedingChapter (peer-reviewed)

Decision support systems
Multi-criteria decision analysis
Performance evaluation
Multiple criteria
Decision-making process
Financial institutions
Non-performing loans
Loan loss provisions
Economic policy

Oil Prices, Fundamentals and Expectations

Byrne, J. P., Lorusso, M. & Xu, B., 8 May 2018, In : Energy Economics.

Research output: Contribution to journalArticle

Oil prices
Oil demand
Demand shocks
Alternative models

Activities 2012 2015

  • 1 Participation in conference
  • 1 Participation in workshop, seminar, course
  • 1 Invited talk

The 20th Annual Conference of the Chartered Institute of Logistics & Transport, Kenilworth

Richard Holden (Invited speaker), Xu, B. (Invited speaker), Greening, P. (Invited speaker), Dadhich, P. (Invited speaker)
18 Jun 2015

Activity: Participating in or organising an eventParticipation in conference


Xu, B. (Speaker)
6 Sep 2012

Activity: Participating in or organising an eventParticipation in workshop, seminar, course