The Emerging Trends of Risk Management in Renewable Energy Projects

Abstract

The development of renewable energy (RE), due to the ever-growing increase in energy demand and the negative impact of fossil fuels on the environment, has become an increasingly important development area at present, with broad prospects. However, compared with traditional energy projects, RE projects often involve long life cycles, complex uncertainties, and they exert for-reaching impacts on risk management. The Citespace software was used to systematically summarize the research hotspots development, and frontiers of researches on the risk management in renewable energy projects in China from 1997 to 2018. Results show that the overall evolutionary trend of risk management in renewable energy field is from RM practice to technology driven integration system. Based on the trend, knowledge gaps and future research directions were found out and discussed.