Economic Analysis Of HFL Wind Power Project

Constructing the HFL wind power project is a sustainable development planning, which in line with China's 21st century energy strategy, and a useful energy supplement for the northeastern region. In the meanwhile, it is a helpfull for alleviating the power shortage of Heilongjiang Province. In this paper, the author aims to study the economic feasibility of HFL wind power project, which result from the analysis of investment and financing, estimates of cost-benefit, economic benefits analysis and so on. It is an important basis for the successful implementation of this project.On the basis of some project theory about economic analysis, in the first place, the author estimated the total investment in HFL wind power project according to the wind power scale and the selective equipment. They ascertained the financing measures and structure through the analysis and studying the financing channels that are applying to the wind power project. And then they calculate the project's total profit and various taxes and fees according to estimates all kinds of cost, expenditure and income in this project. Secondly, all index shows that HFL wind power project posess significant economic benefits through calculations and analysis indicators of the solvency, such as internal rate of return, net present value, investment recovery period, asset liability ratio as well as the liquidity ratio. Thirdly, from the calculate and analysis of these prospects including saving the energy and water, reducing the emissions quantum of carbon dioxide, surfur dioxide, the compound of nitrogen and oxide as well as the dust, it shows that HFL wind power project posess good social benefits. Finally, they analyse the market of HFL wind power project, stock with the quality of risk management and present the corresponding preventive measures.