Using the improved prospect theory with the linear transformations of rewarding good and punishing bad(RGPBIT),a new investment ranking model for power grid construction projects(PGCPs)is proposed.Given the uncertaint...Using the improved prospect theory with the linear transformations of rewarding good and punishing bad(RGPBIT),a new investment ranking model for power grid construction projects(PGCPs)is proposed.Given the uncertainty of each index value under the market environment,fuzzy numbers are used to describe qualitative indicators and interval numbers are used to describe quantitative ones.Taking into account decision-maker’s subjective risk attitudes,a multi-criteria decision-making(MCDM)method based on improved prospect theory is proposed.First,the[−1,1]RGPBIT operator is proposed to normalize the original data,to obtain the best andworst schemes of PGCPs.Furthermore,the correlation coefficients between interval/fuzzy numbers and the best/worst schemes are defined and introduced to the prospect theory to improve its value function and loss function,and the positive and negative prospect value matrices of the project are obtained.Then,the optimization model with the maximum comprehensive prospect value is constructed,the optimal attribute weight is determined,and the PGCPs are ranked accordingly.Taking four PGCPs of the IEEERTS-79 node system as examples,an illustration of the feasibility and effectiveness of the proposed method is provided.展开更多
This paper introduces how Longyuan Power Group Company successfully carried out foreign debt financing for Jiangsu's power projects through its overseas financing window-Xiongya (Virgin) Co. Ltd. The entire proces...This paper introduces how Longyuan Power Group Company successfully carried out foreign debt financing for Jiangsu's power projects through its overseas financing window-Xiongya (Virgin) Co. Ltd. The entire process of raising funds is revealed with regard to employment of foreign debt financing, selection of funded projects, preparation of project and financing documents, credit rating, roadshow, line of credit, and financing experiences.展开更多
The adaptive algorithm used for echo cancellation(EC) system needs to provide 1) low misadjustment and 2) high convergence rate. The affine projection algorithm(APA) is a better alternative than normalized least mean ...The adaptive algorithm used for echo cancellation(EC) system needs to provide 1) low misadjustment and 2) high convergence rate. The affine projection algorithm(APA) is a better alternative than normalized least mean square(NLMS) algorithm in EC applications where the input signal is highly correlated. Since the APA with a constant step-size has to make compromise between the performance criteria 1) and 2), a variable step-size APA(VSS-APA) provides a more reliable solution. A nonparametric VSS-APA(NPVSS-APA) is proposed by recovering the background noise within the error signal instead of cancelling the a posteriori errors. The most problematic term of its variable step-size formula is the value of background noise power(BNP). The power difference between the desired signal and output signal, which equals the power of error signal statistically, has been considered the BNP estimate in a rough manner. Considering that the error signal consists of background noise and misalignment noise, a precise BNP estimate is achieved by multiplying the rough estimate with a corrective factor. After the analysis on the power ratio of misalignment noise to background noise of APA, the corrective factor is formulated depending on the projection order and the latest value of variable step-size. The new algorithm which does not require any a priori knowledge of EC environment has the advantage of easier controllability in practical application. The simulation results in the EC context indicate the accuracy of the proposed BNP estimate and the more effective behavior of the proposed algorithm compared with other versions of APA class.展开更多
Two agreements to provide guarantees and insurance for an $80-million export buyers’ credit to a Pakistani thermal power project were signed on August in Beijing. The agreements were reached between the People’s Ins...Two agreements to provide guarantees and insurance for an $80-million export buyers’ credit to a Pakistani thermal power project were signed on August in Beijing. The agreements were reached between the People’s Insurance (Property) Co Ltd (PICC Property), Bank of China and the Harbin Power Engineering Co Ltd. The UCH power project of Pakistan, which will cost $630 million and have a 586 MW capacity, is one of Pakistan’s first batch of non-governmental power projects. It will be built in Pakistan by the General Electric International Operations Co Inc of the United States and the Harbin Power Engineering Co Ltd. The US firm展开更多
The construction of wind power project is conducive to saving energy,reducing emissions and regulating energy structure. But it inevitably causes some impacts on the environment in the construction process. Because th...The construction of wind power project is conducive to saving energy,reducing emissions and regulating energy structure. But it inevitably causes some impacts on the environment in the construction process. Because that the height of wind power generator generally exceeds 100 m,and visual range in plain region is farther,it is necessary to scientifically and rationally evaluate and analyze landscape visual environment impact of wind power generator in plain region. One wind power farm project of Zhanjiang is located in typical plain region of Guangdong coast. Referring to traditional analytic method of landscape visual impact and comparing with actual situation for the same kind of project in the region,results show that it is " extremely sensitive" area at 0- 2. 5 km from wind power generator, " very sensitive" area at 2. 5- 5. 0 km, " sensitive" area at 5- 10 km, "generally sensitive" area at 10- 20 km,and non-sensitive area outside 20 km.展开更多
Based on the experience of environmental acceptance tests for power transmission projects, the problems found in acceptance tests and the system shortcomings of acceptance test itself are analyzed. Recommendations are...Based on the experience of environmental acceptance tests for power transmission projects, the problems found in acceptance tests and the system shortcomings of acceptance test itself are analyzed. Recommendations are provided to improve the future work.展开更多
On April 25, the Hainan Changjiang nuclear power project, jointly invested by China National Nuclear Corporation (CNNC) and China Huaneng Group with 51% and 49% shares, respectively, formally
At the end of September, the approach way and linkage roads of Pengze Nuclear Power Project, a project developed by China Power Investment Corporation in Jiangxi Province, were all linked up, laying a solid foundation...At the end of September, the approach way and linkage roads of Pengze Nuclear Power Project, a project developed by China Power Investment Corporation in Jiangxi Province, were all linked up, laying a solid foundation for the construction of the project.展开更多
According to the national policy on enhancing environmental protection,the five major power generation companies are required to carry out flue gas desulphurization(FGD) franchising pilot project in thermal power plan...According to the national policy on enhancing environmental protection,the five major power generation companies are required to carry out flue gas desulphurization(FGD) franchising pilot project in thermal power plants.This paper introduces the development of this pilot project,including the foundation,purpose,objects,demands and procedures.It also discusses some main problems encountered during implementation,involving the understanding,legislation,financing,taxation,pricing and management of franchise.At the end,it puts forward some suggestions and countermeasures with regard to laws,regulations,taxation policy and electricity pricing policy.展开更多
文摘Using the improved prospect theory with the linear transformations of rewarding good and punishing bad(RGPBIT),a new investment ranking model for power grid construction projects(PGCPs)is proposed.Given the uncertainty of each index value under the market environment,fuzzy numbers are used to describe qualitative indicators and interval numbers are used to describe quantitative ones.Taking into account decision-maker’s subjective risk attitudes,a multi-criteria decision-making(MCDM)method based on improved prospect theory is proposed.First,the[−1,1]RGPBIT operator is proposed to normalize the original data,to obtain the best andworst schemes of PGCPs.Furthermore,the correlation coefficients between interval/fuzzy numbers and the best/worst schemes are defined and introduced to the prospect theory to improve its value function and loss function,and the positive and negative prospect value matrices of the project are obtained.Then,the optimization model with the maximum comprehensive prospect value is constructed,the optimal attribute weight is determined,and the PGCPs are ranked accordingly.Taking four PGCPs of the IEEERTS-79 node system as examples,an illustration of the feasibility and effectiveness of the proposed method is provided.
文摘This paper introduces how Longyuan Power Group Company successfully carried out foreign debt financing for Jiangsu's power projects through its overseas financing window-Xiongya (Virgin) Co. Ltd. The entire process of raising funds is revealed with regard to employment of foreign debt financing, selection of funded projects, preparation of project and financing documents, credit rating, roadshow, line of credit, and financing experiences.
文摘The adaptive algorithm used for echo cancellation(EC) system needs to provide 1) low misadjustment and 2) high convergence rate. The affine projection algorithm(APA) is a better alternative than normalized least mean square(NLMS) algorithm in EC applications where the input signal is highly correlated. Since the APA with a constant step-size has to make compromise between the performance criteria 1) and 2), a variable step-size APA(VSS-APA) provides a more reliable solution. A nonparametric VSS-APA(NPVSS-APA) is proposed by recovering the background noise within the error signal instead of cancelling the a posteriori errors. The most problematic term of its variable step-size formula is the value of background noise power(BNP). The power difference between the desired signal and output signal, which equals the power of error signal statistically, has been considered the BNP estimate in a rough manner. Considering that the error signal consists of background noise and misalignment noise, a precise BNP estimate is achieved by multiplying the rough estimate with a corrective factor. After the analysis on the power ratio of misalignment noise to background noise of APA, the corrective factor is formulated depending on the projection order and the latest value of variable step-size. The new algorithm which does not require any a priori knowledge of EC environment has the advantage of easier controllability in practical application. The simulation results in the EC context indicate the accuracy of the proposed BNP estimate and the more effective behavior of the proposed algorithm compared with other versions of APA class.
文摘Two agreements to provide guarantees and insurance for an $80-million export buyers’ credit to a Pakistani thermal power project were signed on August in Beijing. The agreements were reached between the People’s Insurance (Property) Co Ltd (PICC Property), Bank of China and the Harbin Power Engineering Co Ltd. The UCH power project of Pakistan, which will cost $630 million and have a 586 MW capacity, is one of Pakistan’s first batch of non-governmental power projects. It will be built in Pakistan by the General Electric International Operations Co Inc of the United States and the Harbin Power Engineering Co Ltd. The US firm
文摘The construction of wind power project is conducive to saving energy,reducing emissions and regulating energy structure. But it inevitably causes some impacts on the environment in the construction process. Because that the height of wind power generator generally exceeds 100 m,and visual range in plain region is farther,it is necessary to scientifically and rationally evaluate and analyze landscape visual environment impact of wind power generator in plain region. One wind power farm project of Zhanjiang is located in typical plain region of Guangdong coast. Referring to traditional analytic method of landscape visual impact and comparing with actual situation for the same kind of project in the region,results show that it is " extremely sensitive" area at 0- 2. 5 km from wind power generator, " very sensitive" area at 2. 5- 5. 0 km, " sensitive" area at 5- 10 km, "generally sensitive" area at 10- 20 km,and non-sensitive area outside 20 km.
文摘Based on the experience of environmental acceptance tests for power transmission projects, the problems found in acceptance tests and the system shortcomings of acceptance test itself are analyzed. Recommendations are provided to improve the future work.
文摘On April 25, the Hainan Changjiang nuclear power project, jointly invested by China National Nuclear Corporation (CNNC) and China Huaneng Group with 51% and 49% shares, respectively, formally
文摘At the end of September, the approach way and linkage roads of Pengze Nuclear Power Project, a project developed by China Power Investment Corporation in Jiangxi Province, were all linked up, laying a solid foundation for the construction of the project.
文摘According to the national policy on enhancing environmental protection,the five major power generation companies are required to carry out flue gas desulphurization(FGD) franchising pilot project in thermal power plants.This paper introduces the development of this pilot project,including the foundation,purpose,objects,demands and procedures.It also discusses some main problems encountered during implementation,involving the understanding,legislation,financing,taxation,pricing and management of franchise.At the end,it puts forward some suggestions and countermeasures with regard to laws,regulations,taxation policy and electricity pricing policy.