An Analysis on Return on Investment of Wind Power Industry in Gansu Province
The development of wind power industry in Gansu Province is faced with the problem of unbalance between investment costs and benefits. A modeling analysis based on cost-benefit analysis shows that there are two economic factors restricting on the sustainable development of wind power industry in Gansu. One is that high costs restrict increase in the value of wind power investment; the other is that relatively low prices of wind power cannot attract the broad participation of social funds. To lower the cost of wind power, we shall promote wind power equipment localization, build up wind power station in places rich in wind resources, raise the annual rate of capital recovery, and broaden the financing channel for wind power industry, so as to achieve the goal of lowering the cost of wind power equipment, and make effective use of investment in the industry. As for the relatively low prices of wind power, we shall constantly improve the pricing mechanism of wind power and make good use of investment in the industry.
Gansu province Wind power Industry Investment return Sustainable development
GAO Wei ZHANG Penglin
School of Economics and Management, Lanzhou University of Technology, Gansu, P.R.China,730050 School of Material Science and Engineering, Lanzhou University of Technology, Gansu, P.R.China,73005
国际会议
The Eleventh International Symposium--Management Sciences and Engineering(第十一届管理科学与工程国际研讨会)
兰州
英文
520-524
2011-11-12(万方平台首次上网日期,不代表论文的发表时间)