Wind energy is becoming more popular as the world looks to alternative sources of energy. Ensuring you have detailed risk management plan when investing into wind energy farms is crucial given the level of complicated commercial and financial risks.
This whitepaper discusses the factors involved when in building a robust risk management plan:
- Estimating.
- Risk during construction:
- Cost overrun
- Delays
- Start-up and testing problems
- Contract and payment defaults
- Hidden defects
- Force majeure
- Risk during operation:
- Efficiency problems
- Routine operation and maintenance problems
- Major operation and maintenance problems
- Fall in market demand or pricing
- Input availability
- Force majeure
- Lack of experience by sponsors and operators.
- Coordination of output.
Find Out More:
Download our “Considering the Risks of Wind Energy Projects" white paper to learn more.
