Economic Feasibility Study of Power Construction Project Based on Economic Cycle Research

When evaluating the economic feasibility of a traditional power construction project, it did not correlate it with the macroeconomic cycle fluctuations, but statically used the regional power demand and on-grid power prices in the three or five years before the project feasibility study as the basis for economic calculation. This has caused some power projects to be completed and put into production at the same time as the recession or even depression of the macroeconomic cycle, and project operations are in trouble. Therefore, the extension of other strong cycle industrial projects also has the same problem, which is easy to cause project investment early decision-making mistakes, and later business difficulties. The article looks for the relationship and law between the macroeconomic cycle and the economic feasibility of the project, and discusses and analyzes how to better judge the economic feasibility of power construction projects.