Research On Risk Management Of Power Project Financing Under New Circumstances

The electric power industry is an important constituent of national economy and society development. The power project financing has many characteristics such as many participants under new financing environment complex structure, many risk factors and so on. Therefore it's very important to strengthen the research on power project financing risk management.Based on analysing basic situation of the electric power industry, taking the power project financing risk as a research object, the paper researches and evaluates its risk management correlation question. Based on identifying power project financing risk, it evaluates the risk by making use of VaR(Value at Risk). Then the article establishes a risk evaluation model based on VaR by combining expert investigation, marking method and fuzzy comprehensive evaluation theory. Finally, take extension project of Datang power plant (2×600MW) as an example, it evaluates the risk and verifies the feasibility of the model.