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
On April 7, the construction of 110-kV Hechanglu intelligent substation in Tianjin Binhai New Area was started, inaugurating the comprehensive demonstration project for smart grid in Sino-Singapore Tianjin Eco-City.
An exclusive interview with the author was published in Issue 2,2010 of this journal,in which the starting point and macro-strategy to construct smart grid in China was presented.Meanwhile,the three periods of smart g...An exclusive interview with the author was published in Issue 2,2010 of this journal,in which the starting point and macro-strategy to construct smart grid in China was presented.Meanwhile,the three periods of smart grid construction were also mentioned,namely planning and pilot project construction period,overall construction period,and improving and upgrading period as it is planned by SGCC.At the invitation of this journal,the author wrote an article further introducing the implementation in the first period of SGCC smart grid program.The article will be published in two consecutive issues.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On April 7, the construction of 110-kV Hechanglu intelligent substation in Tianjin Binhai New Area was started, inaugurating the comprehensive demonstration project for smart grid in Sino-Singapore Tianjin Eco-City.
文摘An exclusive interview with the author was published in Issue 2,2010 of this journal,in which the starting point and macro-strategy to construct smart grid in China was presented.Meanwhile,the three periods of smart grid construction were also mentioned,namely planning and pilot project construction period,overall construction period,and improving and upgrading period as it is planned by SGCC.At the invitation of this journal,the author wrote an article further introducing the implementation in the first period of SGCC smart grid program.The article will be published in two consecutive issues.
