风力发电投资项目财务评价方法及其应用研究

发布时间：2018-05-16 16:40

本文选题：风力发电投资项目 + 财务评价方法　；参考：《南京航空航天大学》2014年硕士论文

【摘要】：随着风力发电项目的不断增加，自然能源的充分利用，越来越多的投资者出资支持风力发电的发展，同时，国家也制定很多政策鼓励投资者们加入到风电行业中来。那么就有必要对风力发电投资项目前期进行财务可行性研究，这个不仅对投资者们制定投资决策、保证风力发电投资项目运营经济效益具有重大的实践意义，也对保证电能的供给，保持经济稳定的发展趋势具有重要的战略意义。本文针对当前风力发电投资项目财务评价指标体系与评价方法的应用现状及不足，经过对风力发电投资项目费用与效益的估算，风电项目的建设能力、盈利能力与偿债能力等财务指标进行分析与改进，构建了适用于风力发电投资项目的财务评价指标体系与财务评价模型。同时，本文还将发展能力因素与营运能力因素考虑到财务评价指标体系中，，并且将风力发电投资项目分成建设期与经营期两个阶段来进行综合评价，克服了传统的财务评价指标体系不全面，财务评价方法过于简便的弊端，不论在理论假设上还是在实际应用中，该计算结果都很合理，更具有参考价值。本文还构建了风力发电投资项目基于层次分析法的模糊评价模型。最终，在实例分析中，本文将改善前的财务评价指标体系、评价方法与改善后的财务评价指标应用于风力发电财务评价模型中的结果进行比较，结果表明，改善后的财务评价方法模型与指标体系对风力发电投资项目进行了更加准确的财务评估，并且可以证明本文建立的改善后的财务模糊评价模型具有很好的可操作性。在风力发电投资项目前期进行财务可行性评价，可以有效地减少风力发电项目的盲目投资与项目投资失误。本文提出的风力发电投资项目财务评价指标体系与基于层次分析法的模糊评价模型，对开展风力发电投资项目前期财务评价工作具有一定的借鉴与指导意义。
[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.
【学位授予单位】：南京航空航天大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F406.7;F426.61

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