Economic Benefit Evaluation Method Analysis On Power Transmission Projects

With the deregulation of the electricity power industry, the power industry investors'decision-making is now based on cost-benefit analysis on the basis of economic decision-making. China's power industry has conducted a preliminary market-oriented reforms, the economic benefit evaluation of transmission projects is becoming more and more important.Among the works of project evaluation for power substation construction project in electric networks, benefit evaluation is a key item, after putting into operation, and based on data analysis, economic evaluation is provided. This work offers a financial decision-making basis for construction and operations of similar projects.This article first discusses post-evaluation method for the power transmission and transformer station construction project under general and traditional theory, then put forward and discusses real option model based evaluation methods, combined with the Caofeidian 220KV substation construction project in Tangshan city, the application of theoretical methods is positively showed.