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Risk Of Financing Small And Medium Hydropower Stations Operating PROT Project

Posted on:2014-04-03Degree:MasterType:Thesis
Country:ChinaCandidate:C ChenFull Text:PDF
GTID:2269330425983827Subject:Technical Economics and Management
Abstract/Summary:PDF Full Text Request
With the continuous development of China’s economy, the demand for energy increased, which also provide good opportunities for the development of green clean hydroelectric energy. In this paper, analysing a case about hydropower development project. Appropriate analytical methods and means are used to analyze and evaluate the hydropower project, research methods and the results has certain reference value to similar projects.In recent years, China has made significant development in small and medium-sized hydropower station construction. This paper analyzes the advantages of small and medium-sized hydropower station construction as well as the current state of development, studies construction investment risk and risk management measures of small and medium-sized hydropower station, provide a reliable basis for future development. Hydropower station construction is a high investment project, the construction of hydropower station will need to spend a lot of money from the pre-project investigation, until the latter part of the construction, and also need to consider environmental protection and ecological problems. The project is a typical high investment and technology precision industry. For some time to come, hydropower investment will be full speed, to improve the economic benefits of corporate investment, reduce the investment risk is the focus of the project development. If we only depend on funding of state and local government finances, local government finances is likely to cause financial constraints, and management will be relatively backward. BOT, TOT, PPP financing models, from the perspective of the enterprise can undertake more projects, have greater profit margins, be able to find relatively high-yield low-risk projects. Can ease the shortage of funds from the government’s point of view, to improve the degree of market-oriented, improve management and operational efficiency and promote the development of the capital market.PROT financing model introduce advanced management mode for small and medium-sized hydropower, so that small and medium-sized hydropower management gradually scientific, market-oriented and international,as well as cartivate high-quality expertise for small and medium-sized hydropower projects.Based on operating infrastructure BOT, BT, TOT,PPP and other project financing model, from a theoretical innovation point of view to explore the small and medium-sized hydropower project financing innovation model of PROT.In this paper, based on case NeiYun hydropower in Fujian Province, use the PROT-BP method, from the point of view of the qualitative and quantitative analysis. The full text include six chapters:the first chapter expounded the background, purpose and significance of the theoretical basis of the study, the scope of the study, research and technology roadmap, research methods and innovation. The second chapter is mainly on the literature review of the research dynamic content associated with this article. The third chapter describes the the PROT financing mode, the background knowledge of risk management, the risk characteristics of investment in small and medium-sized hydropower projects and risk analysis. Chapter four construct BP neural network model to evaluate PROT project risk. The fiveth chapter is abut case studies based on ZOPP-BP neural network method. The last chapter make conclusions and evaluation on the risk of PROT financing model under the small and medium-sized hydropower project.
Keywords/Search Tags:PROT mode, Risk Management of Hydropower Station, BP neuralnetwork
PDF Full Text Request
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