{"title":"A study on financing mode selection of wind power enterprises based on prospect theory: A case study in China","authors":"Huixin Liu, Simeng Wang, Yuqian Zhang","doi":"10.1063/5.0183269","DOIUrl":null,"url":null,"abstract":"As a kind of renewable energy enterprise, wind power enterprise plays an important role in the energy transformation. However, its financing problems are also widespread. The purpose of this paper is to study the financing mode selection in order to improve sustainable development and future benefits of wind power enterprises. First, an evaluation index system is constructed through literature research and expert interviews, and the weight of each index is determined comprehensively by G1 and information entropy methods. On this basis, a financing mode selection model of wind power enterprises is constructed by using the prospect theory and hesitant fuzzy set. Next, this framework is used for case study. Financing patterns are ranked according to the comprehensive prospect value. The results show that financial leasing is the most suitable financing mode. Finally, the applicability and optimization of the model are proved by sensitivity analysis and comparative analysis.","PeriodicalId":16953,"journal":{"name":"Journal of Renewable and Sustainable Energy","volume":null,"pages":null},"PeriodicalIF":1.9000,"publicationDate":"2024-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Renewable and Sustainable Energy","FirstCategoryId":"5","ListUrlMain":"https://doi.org/10.1063/5.0183269","RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"ENERGY & FUELS","Score":null,"Total":0}
引用次数: 0
Abstract
As a kind of renewable energy enterprise, wind power enterprise plays an important role in the energy transformation. However, its financing problems are also widespread. The purpose of this paper is to study the financing mode selection in order to improve sustainable development and future benefits of wind power enterprises. First, an evaluation index system is constructed through literature research and expert interviews, and the weight of each index is determined comprehensively by G1 and information entropy methods. On this basis, a financing mode selection model of wind power enterprises is constructed by using the prospect theory and hesitant fuzzy set. Next, this framework is used for case study. Financing patterns are ranked according to the comprehensive prospect value. The results show that financial leasing is the most suitable financing mode. Finally, the applicability and optimization of the model are proved by sensitivity analysis and comparative analysis.
期刊介绍:
The Journal of Renewable and Sustainable Energy (JRSE) is an interdisciplinary, peer-reviewed journal covering all areas of renewable and sustainable energy relevant to the physical science and engineering communities. The interdisciplinary approach of the publication ensures that the editors draw from researchers worldwide in a diverse range of fields.
Topics covered include:
Renewable energy economics and policy
Renewable energy resource assessment
Solar energy: photovoltaics, solar thermal energy, solar energy for fuels
Wind energy: wind farms, rotors and blades, on- and offshore wind conditions, aerodynamics, fluid dynamics
Bioenergy: biofuels, biomass conversion, artificial photosynthesis
Distributed energy generation: rooftop PV, distributed fuel cells, distributed wind, micro-hydrogen power generation
Power distribution & systems modeling: power electronics and controls, smart grid
Energy efficient buildings: smart windows, PV, wind, power management
Energy conversion: flexoelectric, piezoelectric, thermoelectric, other technologies
Energy storage: batteries, supercapacitors, hydrogen storage, other fuels
Fuel cells: proton exchange membrane cells, solid oxide cells, hybrid fuel cells, other
Marine and hydroelectric energy: dams, tides, waves, other
Transportation: alternative vehicle technologies, plug-in technologies, other
Geothermal energy