A Method of Power Grid Investment Control Based on Lifetime Cost

Abstract

With the development of industrialization, the power grid has a huge investment every year. Grid is the basis of economic and social development, investment in power grids need to trade-off between safety and economy. In this paper, a horizontal and vertical bidirectional index system is proposed to quantify and guide the investment in the power grid. The vertical index system establishes the evaluation index from the perspective of management, and the horizontal index system establishes the evaluation index from the perspective of the executive layer. Based on the horizontal and vertical bidirectional index system, this paper puts forward the design framework of grid investment management and control system.