Title :
Empirical Analysis: The Parameter and Internal Rate Return (IRR) of Wind Power Factory in China
Author :
Xiong Shaoyu ; Li Xiaodong
Author_Institution :
Finance & Assets Dept., China Three Gorges Project Corp. (CTGPC), Yichang, China
Abstract :
China decides to develop wind power in 11th five-year development programming. There are some key parameters affecting the wind power industry, such as wind resource, cost of financing, wind power price, tax. The paper illustrates Cixi & Xiangshui wind power factory, calculates the real Internal Rate Return (IRR) of wind power factory in China, discusses the mechanism of wind power investing and elicits some suggestions on wind power industry development.
Keywords :
wind power; China; internal rate return; power industry development; wind power factory; wind power industry; Government; Investments; Licenses; Profitability; Wind energy; Wind farms; Wind power generation; IRR; Parameter; Power Price; Wind Power;
Conference_Titel :
Information Technology and Applications (IFITA), 2010 International Forum on
Conference_Location :
Kunming
Print_ISBN :
978-1-4244-7621-3
Electronic_ISBN :
978-1-4244-7622-0
DOI :
10.1109/IFITA.2010.102