Waiting Cost based Long-Run Network Investment Decision-making under Uncertainty

2020 ◽  
pp. 1-1
Author(s):  
Xiaohe Yan ◽  
Chenghong Gu ◽  
Hongcai Zhang ◽  
Furong Li ◽  
Yonghua Song
Keyword(s):  
Decision Making ◽  
Investment Decision ◽  
Decision Making Under Uncertainty ◽  
Long Run ◽  
Investment Decision Making ◽  
Network Investment ◽  
Waiting Cost

scholarly journals Quantitative study on benefits of distribution network investment

2021 ◽  
Vol 271 ◽  
pp. 01008
Author(s):  
He Yongxiu ◽  
Lu Ye
Keyword(s):  
Decision Making ◽  
Evaluation Method ◽  
Investment Decision ◽  
Distribution Network ◽  
Social Benefit ◽  
Extensive Experience ◽  
Life Cycle Theory ◽  
Investment Decision Making ◽  
Network Investment ◽  
Qualitative Index

The development of distribution network in China lags behind the transmission network seriously, which is difficult to meet the development needs of high proportion of renewable energy power system in the future. Facing the huge investment demand of distribution network, it is urgent to improve the existing extensive experience based investment decision-making method and avoid the subjectivity of qualitative index evaluation method. In this paper, the life cycle theory and input-output method are used to study the quantification of distribution network investment benefit. The quantitative models of economic benefit and social benefit of distribution network investment are established to provide support for the comparison and decision-making of distribution network projects. Finally, an empirical analysis of the investment benefit model of a high-voltage distribution network project is carried out to verify the feasibility of the research results.

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