Investment and Financing Analysis for Chinese Power Grids

Abstract

长期以来,中国电力行业由于受到缺电的困扰形成“重发轻送”,电网投资比例严重偏低,电力投资结构不合理。未来很长一段时间内,我国的城市化和工业化进程将推动电力需求的进一步增长,也必然会对电力尤其是电网投资提出更高的要求。电网企业作为电网投资的主体,在新的电网投资需求下,自身的业绩是否可以支撑电网发展关系到电网安全。作为资金密集型行业,除了政府投入外,电网发展需要积聚社会资金以扩大投入。充足合理的电网投资和融资,是保证电网坚强及电网与电源协调发展的必要条件。 本文利用国际能源署(IEA)的电力投资预测模型,对2008~2020年我国电力投资需求进行了预测,同时分析了积极能源政策对电网投资的要求。结...For a long time, more emphasis has been laid on power generation than transmission in China's power industry because of the power shortage problem. The ratio of investment in power grids is seriously low and the electricity investment structure is unreasonable. In a long period in the future, China's urbanization and industrialization process will promote the further growth of electricity demand, ...学位:经济学硕士院系专业:经济学院金融系_金融学(含保险学)学号:1562006115100

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