Study On Income Approach Of The Value Of Hydropower Assets And Its Quantification

In today's energy shortage society, emphasize on exploiting and managing renewable hydropower is the focal point of our country's current energy development and management. Currently, the study on the value of water source is only at the starting stage both inland and abroad, the study on the quantification of the value of the hydropower resources is still in a blank space. This article starts with the concepts about hydropower assets, studying on the quantification approach of the hydropower assets value on the basis of analyzing applicable theory of hydropower assets and from the angle of hydropower assets managing department, constructing the income approach model of the quantification of the value of the hydropower assets and analyzing it positively.The main content and the blaze new trails of this article is as follows:1.Defining the concept of hydropower resources and hydropower assetsHydropower asset is a kind of special assets and the forming of this kind of assets is in a certain term. By analyzing the concept of hydropower assets and its characteristics, we can make clear the involved range about the value of the hydropower assets and the studying on its quantification. Analyzing the applicable theory of the hydropower assets value.2. Analyzing the applicable theory of the value of the hydropower assetsMaking a conclusion that labor theory of value and utility theory of value can be bases of analyzing the theory of the value of the hydropower assets, based on elaborating traditional theory of the resource value,3.Constructing income approach model of the quantification of the value of the hydropower assetsBased on introducing the concept of income approach, analyzing the condition of calculating the value of the hydropower assets on income approach model;according to the analyze of the value of the hydropower assets of periods of time, constructing computation model of the value of the hydropower assets;developing the value of the hydropower assets of generate electricity quantity and the calculating formula of the value of the hydropower assets of each unit;and then analyzing the effect factors to its value, evaluation procedure and its advantages and disadvantages.4, Demonstration and investigationAccording to the statistics of hydrology and financing manage of a water and electricity station economy administration industry, demonstrate and investigate the application of the study on income approach of the quantification of the value of the hydropower assets, validating the maneuverability of its method and the rationality of the constructing model.