Establishment and Application of AHP-PCA-EMEM Model for Risk Evaluation of Electric Power Company's Business Expansion Project

Juhua Hong; Keyao Lin; Linyao Zhang; Zhenda Hu; Xiaofeng Li; Jian Pan

Proceedings of the 2nd International Conference on Mathematical Statistics and Economic Analysis, MSEA 2023, May 26–28, 2023, Nanjing, China

Research Article

Establishment and Application of AHP-PCA-EMEM Model for Risk Evaluation of Electric Power Company's Business Expansion Project

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@INPROCEEDINGS{10.4108/eai.26-5-2023.2334475,
    author={Juhua  Hong and Keyao  Lin and Linyao  Zhang and Zhenda  Hu and Xiaofeng  Li and Jian  Pan},
    title={Establishment and Application of AHP-PCA-EMEM Model for Risk Evaluation of Electric Power Company's Business Expansion Project},
    proceedings={Proceedings of the 2nd International Conference on Mathematical Statistics and Economic Analysis, MSEA 2023, May 26--28, 2023, Nanjing, China},
    publisher={EAI},
    proceedings_a={MSEA},
    year={2023},
    month={7},
    keywords={electric power company; business expansion project; risk evaluation; combination weighting method; ahp-pca-emem model},
    doi={10.4108/eai.26-5-2023.2334475}
}

Juhua Hong
Keyao Lin
Linyao Zhang
Zhenda Hu
Xiaofeng Li
Jian Pan
Year: 2023
Establishment and Application of AHP-PCA-EMEM Model for Risk Evaluation of Electric Power Company's Business Expansion Project
MSEA
EAI
DOI: 10.4108/eai.26-5-2023.2334475

Juhua Hong¹, Keyao Lin², Linyao Zhang¹, Zhenda Hu¹, Xiaofeng Li³^,*, Jian Pan³

1: State Grid Fujian Electric Power Economic and Technical Research Institute
2: State Grid Fujian Electric Power Co., Ltd
3: Sichuan University

*Contact email: lixiaofeng@scu.edu.cn

Abstract

The implementation of business expansion projects will not only help to improve the market size of the electric power company and increase competitive ability, but also help to improve customer satisfaction and promote economic and social development. However, there are lots of risk factors in the implementation of a business expansion project by the electric power company. In order to avoid and reduce the losses caused by these risk factors and turn threats into opportunities, the electric power company must strengthen risk management, and accurate risk evaluation is the basis for strengthening the risk management of business expansion project.

Keywords: electric power company; business expansion project; risk evaluation; combination weighting method; ahp-pca-emem model

Published: 2023-07-21
Publisher: EAI

: http://dx.doi.org/10.4108/eai.26-5-2023.2334475