Risk quantification and risk management in renewable energy projects

Abstract

A key challenge in obtaining financing at a reasonable cost is the ability to quantify and manage the different elements of risk (i.e. organizational, political, technical, commercial) associated with Renewable Energy (RE) projects. IEA Renewable Energy Technology Deployment (IEA-RETD) commissioned a study to Altran which provides RE-specific guidelines in classification, assessment and management of different risk elements associated to support project valuation.