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Development of new asset evaluation method considering risk and an ecology balance of electric power industry

Research Project

Project/Area Number 15K05946
Research Category

Grant-in-Aid for Scientific Research (C)

Allocation TypeMulti-year Fund
Section一般
Research Field Power engineering/Power conversion/Electric machinery
Research InstitutionKumamoto University

Principal Investigator

MIYAUCHI Hajime  熊本大学, 大学院先端科学研究部(工), 准教授 (20181977)

Co-Investigator(Kenkyū-buntansha) 三澤 哲也  名古屋市立大学, 大学院経済学研究科, 教授 (10190620)
Project Period (FY) 2015-04-01 – 2018-03-31
Project Status Completed (Fiscal Year 2017)
Budget Amount *help
¥4,810,000 (Direct Cost: ¥3,700,000、Indirect Cost: ¥1,110,000)
Fiscal Year 2017: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
Fiscal Year 2016: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
Fiscal Year 2015: ¥1,820,000 (Direct Cost: ¥1,400,000、Indirect Cost: ¥420,000)
Keywords事業価値評価 / リスク / 最適投資規模 / 再生可能エネルギー / リスク鋭感的価値尺度 / 供給信頼度指標 / 太陽光発電 / 風力発電 / 火力発電 / 規模の評価 / 事業ポートフォリオ / 平均分散法 / 効用無差別価格理論 / リスク指標 / リスク価値尺度
Outline of Final Research Achievements

UNPV method based on expectation utility theory is proposed as a new asset evaluation method of an investment. In this research, we estimate photovoltaic system and wind turbine generation project by UNPV method, which outputs are influenced by a natural environment. We compare the results of conventional Mean-Variance (MV) method and RSVM (Risk Sensitive Value Measurement) method, which uses the exponential function as the utility function in UNPV method. RSVM method can indicate the optimum scale and the maximum scale of the project.
On the other hand, the reliability of power system is generally estimated by the expectation value to the probability distributions such as failure period. The essence of RSVM method is the weighting for the risk of probabilistic distribution by the utility function. Therefore, we find that RSVM can be used as the reliability index. Then, we investigate a reliability of the power system in a small isolated island by RSVM.

Report

(4 results)
  • 2017 Annual Research Report   Final Research Report ( PDF )
  • 2016 Research-status Report
  • 2015 Research-status Report
  • Research Products

    (15 results)

All 2018 2017 2016 2015 Other

All Int'l Joint Research (1 results) Journal Article (2 results) (of which Peer Reviewed: 2 results,  Open Access: 2 results) Presentation (12 results) (of which Int'l Joint Research: 2 results)

  • [Int'l Joint Research] Yangon Technological Universiety/Mandalay Technological University(ミャンマー)

    • Related Report
      2017 Annual Research Report
  • [Journal Article] Reliability Forecasting in Distribution System Considering Variable Failure Rate: Combination of Equipment Inspection Method and Weibull Analysis2017

    • Author(s)
      Lin Ohn Zin、Miyauchi Hajime
    • Journal Title

      International Review of Electrical Engineering (IREE)

      Volume: 12 Issue: 1 Pages: 67-67

    • DOI

      10.15866/iree.v12i1.11054

    • Related Report
      2017 Annual Research Report
    • Peer Reviewed / Open Access
  • [Journal Article] Valuation of Hong Kong REIT based on Risk Sensitive Value Measure Method2016

    • Author(s)
      L.Ban, T.Misawa, Y.Miyahara
    • Journal Title

      International Journal of Real Options and Strategy

      Volume: 8

    • NAID

      130006940729

    • Related Report
      2015 Research-status Report
    • Peer Reviewed / Open Access
  • [Presentation] リスク鋭感的価値尺度による新しい供給信頼度指標の一提案2018

    • Author(s)
      古川 義英,宮内 肇,三澤 哲也
    • Organizer
      平成30年電気学会全国大会
    • Related Report
      2017 Annual Research Report
  • [Presentation] 発電事業投資ポートフォリオのRSVM評価2017

    • Author(s)
      古川義英、宮内 肇、三澤哲也
    • Organizer
      平成29年電気学会全国大会
    • Place of Presentation
      富山大学(富山県富山市)
    • Year and Date
      2017-03-15
    • Related Report
      2016 Research-status Report
  • [Presentation] Basic Study on Thermal Power Plant Investment Portfolio based on Risk-Sensitive Value Measure2017

    • Author(s)
      Y. Furukawa, H. Miyauchi, T. Misawa
    • Organizer
      23rd International Conference on Electrical Engineering
    • Related Report
      2017 Annual Research Report
    • Int'l Joint Research
  • [Presentation] Consideration of Relation between the Smoothing Effect and Economics in Wind Power Generation Project Using RSVM2017

    • Author(s)
      Y. Furukawa, H. Miyauchi, T. Misawa
    • Organizer
      The 70th Joint Convention on Electrical, Electronics and Information Engineers in Kyushu
    • Related Report
      2017 Annual Research Report
  • [Presentation] ならし効果を考慮した風力発電事業のRSVM評価2017

    • Author(s)
      古川 義英,宮内 肇,三澤 哲也
    • Organizer
      平成29年電気学会電力・エネルギー部門大会
    • Related Report
      2017 Annual Research Report
  • [Presentation] 確実性等価尺度に基づく火力発電事業の事業価値評価2016

    • Author(s)
      宮内 肇、工藤僚二、三澤哲也
    • Organizer
      平成28年度(第69回)電気・情報関係学会九州支部連合大会
    • Place of Presentation
      宮崎大学(宮崎県宮崎市)
    • Year and Date
      2016-09-29
    • Related Report
      2016 Research-status Report
  • [Presentation] 期待効用理論に基づく事業価値評価に使用する効用関数のパラメータ推定2016

    • Author(s)
      井手裕太, 宮内 肇, 三澤哲也
    • Organizer
      平成28年電気学会全国大会
    • Place of Presentation
      東北大学(宮城県仙台市)
    • Year and Date
      2016-03-16
    • Related Report
      2015 Research-status Report
  • [Presentation] 回帰分析によるJEPX価格変化に関する一検討2016

    • Author(s)
      宮内 肇, 三澤哲也
    • Organizer
      平成28年電気学会全国大会
    • Place of Presentation
      東北大学(宮城県仙台市)
    • Year and Date
      2016-03-16
    • Related Report
      2015 Research-status Report
  • [Presentation] Valuation of Hong Kong REIT based on Risk Sensitive Value Measure Method2015

    • Author(s)
      班 爛, 三澤哲也, 宮原孝夫
    • Organizer
      日本リアルオプション学会2015年研究発表大会
    • Place of Presentation
      国際大学(新潟県南魚沼市)
    • Year and Date
      2015-10-25
    • Related Report
      2015 Research-status Report
  • [Presentation] 送電損失最小化による調相設備の価値評価に関する基礎的研究2015

    • Author(s)
      池田大祐, 宮内 肇
    • Organizer
      平成27年電気学会電力技術・電力系統技術合同研究会
    • Place of Presentation
      東北大学(宮城県仙台市)
    • Year and Date
      2015-09-16
    • Related Report
      2015 Research-status Report
  • [Presentation] 電力会社のインセンティブベース需要管理プログラムに参加するための小売事業者のピーク料金制運営戦略2015

    • Author(s)
      朴成讃, 押川博亮, 宮内 肇, 尹容兌, 朴種根
    • Organizer
      平成27年電気学会電力・エネルギー部門大会
    • Place of Presentation
      名城大学(愛知県名古屋市)
    • Year and Date
      2015-08-25
    • Related Report
      2015 Research-status Report
  • [Presentation] Installation of Photovoltaic System and Energy Storage System in Power System of Isolated Island considering Adequacy2015

    • Author(s)
      Koichi Sakada, Hajime Miyauchi, Hiroaki Kitaguchi
    • Organizer
      21st International Conference on Electrical Engineering
    • Place of Presentation
      香港大学(中華人民共和国香港特別行政区)
    • Year and Date
      2015-06-06
    • Related Report
      2015 Research-status Report
    • Int'l Joint Research

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Published: 2015-04-16   Modified: 2022-10-19  

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