Analysis Of The Profit Distribution Model Of Power Grid Projects Under PPP Mode

For a long time,China's power industry has become "re-emergent" because of power shortages.The proportion of power grid investment is seriously low and the power investment structure is not reasonable.With the development of economy and society,the construction of power grids and the improvement of power grids have been accelerating and the pressure for financing has increased.The policy innovation and the innovation impulse brought about by the intensified competition have continuously expanded the new financing mode and dyeing road of power grid construction.After years of theoretical exploration and brewing,the current conditions for the PPP model in China have become more mature.As a new financing method,it appears in the construction of power grids.The introduction of the PPP model into the grid project can ease pressure on the government's fiscal expenditure,accelerate the transformation of government functions,and promote management innovation.At the same time,through the use of social capital,it can also introduce advanced management experience,optimize the project risk distribution,improve the level of power infrastructure construction and power supply service efficiency.In the process of cooperation between the public and private sectors,the two parties have different goals.The public sector hopes to use private capital to solve the funding gap,while the private sector hopes to invest in capital to obtain a larger return on investment.The issue of distribution of income has become the focus issue of both parties.Whether or not the income can be reasonably distributed is the key to the smooth implementation of the PPP project.In this paper,based on the issues that may be encountered in the distribution of power grid projects under the PPP model in China,based on the discussion of the characteristics of different income distribution modes,the game theory method is used to study the distribution of benefits of government and social capital in the mode power grid PPP project and their respective The game of investment in horizontal strategies establishes a bargaining game model of income distribution.This model simplifies the problem of income distribution between the two parties.By solving the model,the optimal income distribution ratio of both parties can be obtained.The research results of this paper have important theoretical and practical significance for accelerating the development of PPP projects in China's power grid.