Weather index insurance for wind energy

被引:3
|
作者
Xiao Han [1 ]
Guoxing Zhang [2 ]
Yixiang Xie [2 ]
Jiaxuan Yin [2 ]
Haiming Zhou [1 ]
Yunxi Yang [3 ]
Junhui Li [1 ]
Wenlei Bai [4 ]
机构
[1] China Electric Power Research Institute
[2] Yingda Taihe Property Insurance Corparation
[3] North China Electric Power University
[4] ABB Enterprise
关键词
New energy sources; Wind power; Weather risk; Wind-power generation index insurance;
D O I
10.14171/j.2096-5117.gei.2019.06.008
中图分类号
TM614 [风能发电];
学科分类号
0807 ;
摘要
As China vigorously promotes the development of new energy, photovoltaic power curtailment and wind power curtailment have been effectively resolved. At the same time, the yield from new energy power generation is becoming an important factor that affects the scale of investment in new energy. This paper focuses on the weather risks faced by wind power producers. By studying current research on weather index insurance in China and abroad, the functions and design methods for weather index insurance have been clarified. In addition, the feasibility of wind-power generation index insurance is discussed. The calculation methods for wind power generation index and the weather index insurance pricing methods for wind power enterprises are proposed. A weather index insurance model for wind power generation was established. The rationality and feasibility of the weather index insurance model proposed in this paper were verified using data from an existing power plant. The simulation results show that wind power enterprises can effectively avoid economic losses caused by weather risks through weather index insurance.
引用
收藏
页码:542 / 549
页数:8
相关论文
共 50 条
  • [21] Defining Optimal Geographic Insurance Units For Weather Index-Based Insurance in The Philippines
    Alcaide, Kristine Dale R.
    Lansigan, Felino P.
    PHILIPPINE JOURNAL OF CROP SCIENCE, 2022, 47 (03): : 19 - 29
  • [22] Assessing pricing assumptions for weather index insurance in a changing climate
    Daron, J. D.
    Stainforth, D. A.
    CLIMATE RISK MANAGEMENT, 2014, 1 : 76 - 91
  • [23] Hedging effectiveness of weather index-based insurance in China
    Pelka, Niels
    Musshoff, Oliver
    Finger, Robert
    CHINA AGRICULTURAL ECONOMIC REVIEW, 2014, 6 (02) : 212 - 228
  • [24] Weather Index-Based Insurance in Agricultural Risk Management
    Menzietti, Massimiliano
    Pirra, Marco
    MATHEMATICAL AND STATISTICAL METHODS FOR ACTUARIAL SCIENCES AND FINANCE, MAF 2022, 2022, : 347 - 352
  • [25] Applying weather index insurance to agricultural pest and disease risks
    Norton, Michael
    van Sprundel, Gert-Jan
    Turvey, Calum G.
    Meuwissen, Miranda P. M.
    INTERNATIONAL JOURNAL OF PEST MANAGEMENT, 2016, 62 (03) : 195 - 204
  • [26] The Role of Data-Driven Methodologies in Weather Index Insurance
    Hernandez-Rojas, Luis F.
    Abrego-Perez, Adriana L.
    Martinez, Fernando Lozano E.
    Valencia-Arboleda, Carlos F.
    Diaz-Jimenez, Maria C.
    Pacheco-Carvajal, Natalia
    Garcia-Cardenas, Juan J.
    APPLIED SCIENCES-BASEL, 2023, 13 (08):
  • [27] The effectiveness of weather index insurance in managing mariculture production risk
    Qiang, Mengmeng
    Shen, Manhong
    Xia, Guanjun
    AUSTRALIAN JOURNAL OF AGRICULTURAL AND RESOURCE ECONOMICS, 2023, 67 (02) : 245 - 262
  • [28] Are Vietnamese coffee farmers willing to pay for weather index insurance?
    Lan, Le
    Mushtaq, Shahbaz
    Wang, Qingxia
    Barlis, Angelica
    Deniau, Aline
    Byrareddy, Vivekananda Mittahalli
    Anh, Huynh Tan
    Swaans, Kees
    INTERNATIONAL JOURNAL OF DISASTER RISK REDUCTION, 2024, 100
  • [29] CONCEPT AND UNINTENDED CONSEQUENCES OF WEATHER INDEX INSURANCE: THE CASE OF MEXICO
    Fuchs, Alan
    Wolff, Hendrik
    AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS, 2011, 93 (02) : 505 - 511
  • [30] Evaluating Alternative Drought Indicators in a Weather Index Insurance Instrument
    Williams, Travis M.
    Travis, William R.
    WEATHER CLIMATE AND SOCIETY, 2019, 11 (03) : 629 - 649