C Natural Gas Distributed Energy Station Project Financing Mode Selection And Financing Plan Research

In order to accelerate the adjustment of China's energy structure and deepen the supply-side structural reform of the energy sector,China has adopted natural gas-fueled distributed energy as a key technology for efficient energy use,and has issued a series of policies to encourage the development of natural gas-fueled distributed energy projects.At present,some of the natural gas-fueled distributed energy station projects for industrial parks have high economic prices due to high electricity sales prices and high rates of cascades utilization of thermal and cold energy.For this type of natural gas-fueled distributed energy station project,it is necessary to select a suitable project financing model from the perspective of marketing operation,and design a corresponding financing plan accordingly,fully introduce social capital to participate in the construction and operation of the project,thereby speeding up natural gas distributed energy Project promotion and application.This thesis starts with the analysis of financing characteristics of natural gas-fueled distributed energy stations,then summarizes several project financing models widely applied in the field of power infrastructure,and through full literature investigation and demonstration,builds an evaluation index system and decision-making method for the selection of financing model in the natural gas-fueled distributed energy station project.Then as to the specific project-C natural gas-fueled distributed energy station project,on the basis of the evaluation index system,through the horizontal comparison qualitative analysis,triangular fuzzy analytic hierarchy process(TFN-AHP)and TOPSIS method,the ideal financing method for this project was decided Finally,based on the decision-making results,the structure design,product design and financing risk prevention and control measures of the project's financing scheme were discussed in depth.Through systematical research,the conclusions are as follows:(1)The C natural gas distributed energy station project is an economically effective project,thus,an appropriate project financing model can be introduced from the marketing perspective to introduce social capital to participate in the implementation of this project;(2)The evaluation index system applied in the selection of project financing model for the natural gas-distributed energy station are composed of seven indexes,which are:compatibility of application scope,operability at the current stage,financing cost,the subsequent financing ability,the risk-bearing ability,the complexity of operation procedures,and the complexity of transfer of project property rights.Using the evaluation index system and corresponding decision-making methods to conduct a specific research and analysis on the C natural gas distributed energy station project,it is concluded that the asset-backed securitization(ABS)financing model is the most ideal project financing model for this project.(3)When designing financing scheme for the C natural gas-fueled distributed energy station project,a set of two-stage comprehensive financing solutions including asset securitization can be designed based on the time when the project can achieve stable cash flow.In addition,in the process of asset securitization financing,it will face project management risk,basic asset cash flow risk,liquidity risk and market risk,but all risks can be controlled by formulating targeted strategies to keep the overall risks within the controllable range.