Study on Investment Optimization for Power Grid Construction Projects

Author

Luo, Guoliang ; Zhang, Yuanmin

Author_Institution

Sch. of Bus. & Adm., North China Electr. Power Univ., Beijing, China

fYear

2009

fDate

26-28 Dec. 2009

Firstpage

5150

Lastpage

5153

Abstract

The issue of grid companies on how to appropriately allocate the limited funds among different grid construction projects in market environment is discussed. Based on the research on investment optimization for grid construction projects with the Analytic Hierarchy Process (AHP) based design concept, the index system for evaluating grid investment projects was constructed. Based on the AHP, the comprehensive evaluation model for grid construction project investment was also built. Based on the theory of modern investment portfolio, the optimal model of grid projects on investment portfolio is built. The correctness of model is improved by a numerical case.

Keywords

investment; optimisation; power system economics; analytic hierarchy process; comprehensive evaluation model; investment optimization; investment portfolio; power grid construction projects; Information science; Investments; Mathematical model; Portfolios; Power engineering and energy; Power grids; Power supplies; Power system modeling; Power systems; Testing;

fLanguage

English

Publisher

ieee

Conference_Titel

Information Science and Engineering (ICISE), 2009 1st International Conference on

Conference_Location

Nanjing

Print_ISBN

978-1-4244-4909-5

Type

conf

DOI

10.1109/ICISE.2009.1126

Filename

5455447