Title :
Technological Transformation Investment Prediction of Primary Equipment of Substation Based on Assets Wall
Author :
Li Mingjun ; Chen Xing ; Song Yiqun ; Yang Jingfei ; Gan Tuanjie ; Wen Jianzhong ; Pei Yunjun
Author_Institution :
Jiangmen Power Supply Bur., Guangdong Power Grid Corp., Jiangmen, China
Abstract :
Since power equipment accounts for a large proportion of the total assets of the power supply enterprise, its technological transformation cost has become an important factor affecting business results and cash flows. In this case, the centralized transformation resulted from the intensive commissioning may bring great financial pressure and reliability risks to relevant power companies, hence applying scientific forecasting to the technological transformation scale is of great practical significance. As we all know, the total technological transformation in a company equals to the sum of the total equipment technological transformation. According to the difference of each device from the others, this paper proposes a model of the asset wall projecting based on stochastic simulation. Taking the individual devices´ overall consistency and randomness into account, the practice turns out to improve the science, reasonableness and accuracy of prediction results in great extent.
Keywords :
electricity supply industry; investment; power apparatus; reliability; stochastic processes; substations; technological forecasting; asset wall projecting; cash flow; intensive commissioning; power company; power supply enterprise; scientific forecasting; stochastic simulation; substation primary equipment technological transformation investment prediction; Companies; Investment; Monte Carlo methods; Power grids; Power supplies; Substations; Monte Carlo Method; asset projecting; assets wall; technological transformation prediction; uncertainty;
Conference_Titel :
Information Science and Control Engineering (ICISCE), 2015 2nd International Conference on
Conference_Location :
Shanghai
Print_ISBN :
978-1-4673-6849-0
DOI :
10.1109/ICISCE.2015.213