Sharing Risks for New Energy /Efficiency Projects

Editor 's Note: New Energy /E fficiency Projects (EEP) have all the nor-m al risk s associated w ith power and ene rgy pro ject s- and m or e. Inaddi tion, the risks in volved with devel oping en er gy te chn ologies mu stbe assessed and alloca ted .The increased risks associated with deli ver y of these te chn ologies,however, are offset by significan t ben efits which includ e re du ced envi -ron men tal im pa cts, combined with impro ved gene ra tion a nd uti lizat ionefficiencies. In or der to achieve these ben efits, project risks need to bea lloca ted appropriat el y and mana g ed in order for pr ojects to be fi-nan ced , bu ilt and o pera ted successfully.Th e tw o-p art se ries- by au tho rs Kane and Stiffle r wi ll ad d ressso me pr actical risk alloca tion guide lines and mit igation stra teg ies foroverco m ing financial chall en ges and ins uring energ y pr oject success.