Wind Power Project Investment Risk And Comprehensive Benefit Analysis

To mitigate climate change and achieve sustainable development,it is important to vigorously develop renewable energy for various countries.China has abundant wind energy resources,which has gained worldwide popularity in recent years as a result of its rapid technology development and has become one of the main forms of newly installed renewable energy technologies.Therefore,China’s wind power installed capacity has become the world’s first.With the increasing scale of wind power project investment,the industry has focused on investment risk evaluation and comprehensive benefit analysis.The investment risk analysis and optimization of wind power projects will help the decision-makers to make investment and operation plans,reduce investment risks and improve scientificity and rationality of decision-making.Besides,From multiple perspectives to evaluate comprehensive benefit which is beneficial to improve effectiveness and economy of projects.Firstly,the article introduced development status of global wind power industry and focused on development of China’s wind power industry.In terms of risk analysis,first we analyzed the risk factors of wind power project investment from three aspects: economy,technology and policy.Then the Monte Carlo method was used to establish an investment risk assessment model.The model was applied to assessment a wind power project.Further,according to the results investment optimization model was established based on multi-objective planning.In terms of comprehensive benefits,from the perspective of energy resources,the relationship among energy,economy,and the environment was analyzed based on energy input returns and life cycle assessments.A bi-level model and case study were established to improve the overall efficiency of wind power projects.The analysis of investment risks and comprehensive benefits of wind power projects based on a number of theories can be closer to the actual situation of wind power projects,which provide a reference for investors’ decisions making and the government formulating relevant incentive policies to promote the sustainable development of wind power generation.