風力發(fā)電投資項目財務評價方法及其應用研究
發(fā)布時間:2018-05-16 16:40
本文選題:風力發(fā)電投資項目 + 財務評價方法。 參考:《南京航空航天大學》2014年碩士論文
【摘要】:隨著風力發(fā)電項目的不斷增加,自然能源的充分利用,越來越多的投資者出資支持風力發(fā)電的發(fā)展,同時,國家也制定很多政策鼓勵投資者們加入到風電行業(yè)中來。那么就有必要對風力發(fā)電投資項目前期進行財務可行性研究,這個不僅對投資者們制定投資決策、保證風力發(fā)電投資項目運營經(jīng)濟效益具有重大的實踐意義,也對保證電能的供給,保持經(jīng)濟穩(wěn)定的發(fā)展趨勢具有重要的戰(zhàn)略意義。 本文針對當前風力發(fā)電投資項目財務評價指標體系與評價方法的應用現(xiàn)狀及不足,經(jīng)過對風力發(fā)電投資項目費用與效益的估算,風電項目的建設能力、盈利能力與償債能力等財務指標進行分析與改進,構(gòu)建了適用于風力發(fā)電投資項目的財務評價指標體系與財務評價模型。同時,本文還將發(fā)展能力因素與營運能力因素考慮到財務評價指標體系中,,并且將風力發(fā)電投資項目分成建設期與經(jīng)營期兩個階段來進行綜合評價,克服了傳統(tǒng)的財務評價指標體系不全面,財務評價方法過于簡便的弊端,不論在理論假設上還是在實際應用中,該計算結(jié)果都很合理,更具有參考價值。本文還構(gòu)建了風力發(fā)電投資項目基于層次分析法的模糊評價模型。最終,在實例分析中,本文將改善前的財務評價指標體系、評價方法與改善后的財務評價指標應用于風力發(fā)電財務評價模型中的結(jié)果進行比較,結(jié)果表明,改善后的財務評價方法模型與指標體系對風力發(fā)電投資項目進行了更加準確的財務評估,并且可以證明本文建立的改善后的財務模糊評價模型具有很好的可操作性。 在風力發(fā)電投資項目前期進行財務可行性評價,可以有效地減少風力發(fā)電項目的盲目投資與項目投資失誤。本文提出的風力發(fā)電投資項目財務評價指標體系與基于層次分析法的模糊評價模型,對開展風力發(fā)電投資項目前期財務評價工作具有一定的借鑒與指導意義。
[Abstract]:With the increasing number of wind power projects and the full use of natural energy, more and more investors support the development of wind power generation. At the same time, the state has formulated many policies to encourage investors to join the wind power industry. Then it is necessary to carry out a financial feasibility study in the early stage of the wind power investment project, which is not only of great practical significance to investors in making investment decisions and ensuring the operational economic benefits of wind power investment projects. It is also of strategic significance to ensure the supply of electric energy and maintain the development trend of economic stability. In view of the current situation and deficiency of the financial evaluation index system and evaluation method of wind power investment project, the paper estimates the cost and benefit of wind power investment project and the construction ability of wind power project. Based on the analysis and improvement of financial indexes such as profitability and solvency, a financial evaluation index system and a financial evaluation model for wind power investment projects are constructed. At the same time, this paper also takes the development ability factor and the operation ability factor into account in the financial evaluation index system, and divides the wind power investment project into two stages: the construction period and the operation period to carry on the comprehensive evaluation. It overcomes the shortcomings of the traditional financial evaluation index system which is not comprehensive and the financial evaluation method is too simple. The calculation results are reasonable and have reference value in both theoretical assumptions and practical applications. The fuzzy evaluation model of wind power investment project based on AHP is also constructed in this paper. Finally, in the example analysis, the paper compares the financial evaluation index system, the evaluation method and the improved financial evaluation index with the results in the wind power generation financial evaluation model, the results show that, The improved financial evaluation method model and index system are more accurate financial evaluation of wind power investment projects, and it can be proved that the improved financial fuzzy evaluation model established in this paper has good maneuverability. In the early stage of wind power investment project, the financial feasibility evaluation can effectively reduce the blind investment and project investment errors of wind power generation project. The financial evaluation index system of wind power investment project and the fuzzy evaluation model based on analytic hierarchy process (AHP) proposed in this paper have certain reference and guidance significance for the financial evaluation work of wind power investment project.
【學位授予單位】:南京航空航天大學
【學位級別】:碩士
【學位授予年份】:2014
【分類號】:F406.7;F426.61
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