Abstract
Interconnection of transnational power grids plays an important role in realizing the optimal allocation of energy resources. It can also deepen regional economic cooperation, achieve energy conservation and emission reduction, and improve people’s livelihood. This paper constructs a comprehensive benefit evaluation index system for transnational power networking projects which is suitable for the four stakeholders of investors, international lending institutions, sending-oriented states, and receiving-oriented states. Therefore, on the basis of this index system, this paper adopted the weight determination method based on the order relation method and Gini coefficient method to synthesize subjective and objective information. Then the comprehensive benefit evaluation of such projects was carried out by matter-element extension model with grey relational projection value. Therefore, the problem with the Euclid approach degree leading to a low discrimination of many samples to be evaluated was effectively solved. The final empirical analysis results showed that the focus and evaluation results of the comprehensive benefits of such projects from the perspective of different stakeholders were quite different. The results of comprehensive benefit evaluation will improve the accuracy of decision-making and the objectivity of evaluation, so as to provide decision-making references for different stakeholders.
Highlights
At present, the world’s energy development is faced with three major problems: resource shortage, environmental pollution, and climate change
With the support of China’s “one belt and one way” initiative, transnational power networking projects contribute to balancing the development of the power industry and decreasing the population without electricity [2]
The evaluation index system established in this paper covers the economic, social, and environmental benefits, and divides them from the perspective of different stakeholders
Summary
The world’s energy development is faced with three major problems: resource shortage, environmental pollution, and climate change. With the support of China’s “one belt and one way” initiative, transnational power networking projects contribute to balancing the development of the power industry and decreasing the population without electricity [2]. Transnational power networking along the “one belt and one road” has been large-scale. By the end of 2015, 50 countries in 64 core countries along the route have built-up transnational transmission lines and have carried out cross-border power trade with neighboring countries [3]. Many power enterprises have carried out overseas electric power construction projects [4]. Because of its huge scale and high complexity, there are many core project stakeholders, such as construction units, material supply units, and supervision units. Governments, media, and social public welfare organizations have participated
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