Research on investment strategy of gas-fired power plant project by oil and gas enterprises under gas-electric linkage mechanism
In recent years,the high price of natural gas due to the volatile international situation has led to a cost increase of the gas-fired power generation.In response,major provinces in China have introduced gas-to-electricity price linkages in an effort to mitigate risks for gas-fired power producers.Jiangsu Province has adopted a two-part tariffpolicy for natural gas-fired power generation,with a gas-to-power price linkage mechanism in place.Zhejiang Province continues to implement a two-part tarifffor natural gas-fired power generation units,with electricity prices set according to the gas-electricity price linkage.Relying on rich upstream resources,oil and gas companies have natural resource advantages in the field of gas power plants,have participated in the investment and construction of gas power plants,and the gas power generation segment as the terminal gas facilities,have further expanded the natural gas industry chain positively and made the important contribution for the gas sales industry chain,overall efficiency,and coordination of the development at the same time.For this reason,it thoroughly researches the mechanism of"gas-electricity linkage"in each province,and analyzes the impact of"gas-electricity linkage"mechanism on the income of gas power plant projects by combining with the cash flow method,and puts forward the suggestions of oil and gas enterprises to invest in and operate the gas power plants in light of the research results to provide ideas and references for the decision-making,project layout,and resource allocation of the investment entities from the perspective of"gas-electricity linkage".
natural gas-fired power generationgas-electricity price linkageeconomic evaluation of projectsinternal rate of returncash flow methodinvestment and operation recommendations