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Web of Proceedings - Francis Academic Press
Web of Proceedings - Francis Academic Press

Study on Economic Evaluation of Power Generation Capacity Increase Project Based on Improved Income Accounting Method

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DOI: 10.25236/icess.2019.208

Author(s)

Qian Wang, Xiaolong Yang, Jia Li, Jingdong Wang

Corresponding Author

Qian Wang

Abstract

With the rapid development of our economy and the need to build a "beautiful China" and protect the environment, as a thermal power enterprise, the technical transformation of improving power generation efficiency and reducing energy consumption has begun to attract much attention. Firstly, this paper expounds the necessity of improving efficiency and capacity of generating units, secondly, it analyses the principle of economic evaluation of current flow capacity enhancement transformation and the main influencing factors. Then, the paper puts forward the method of calculating the cash inflow of technical and economic evaluation by using the energy-saving benefits of increasing generation and reducing consumption brought by the capacity-increasing part. Finally, the economic benefit post-evaluation of Y thermal power plant's technical renovation project is carried out, and it is concluded that the improved income accounting method can reflect the actual income of the project more truthfully.

Keywords

Thermal power enterprises, Technological reform, Economic evaluation