Risk Management in the Offshore Energy Industry

2008 ◽  
Author(s):  
Buford Pollett
Keyword(s):  
Risk Management ◽  
Energy Industry

scholarly journals The Development of Straw-Based Biomass Power Generation in Rural Area in Northeast China—An Institutional Analysis Grounded in a Risk Management Perspective

2020 ◽  
Vol 12 (5) ◽  
pp. 1973 ◽  
Author(s):  
Lingling Wang ◽  
Tsunemi Watanabe
Keyword(s):  
Power Generation ◽  
Risk Management ◽  
Power Plant ◽  
Power Plants ◽  
Biomass Energy ◽  
Energy Industry ◽  
Biomass Supply ◽  
Management Perspective ◽  
Biomass Power Plant ◽  
Biomass Power Plants

Given a lack of consideration for the role and importance of stakeholders and the importance of stakeholders in the operation of biomass power plants in China, a comprehensive analysis oriented toward stakeholder risk management is needed to further develop the country’s biomass energy industry. Accordingly, we analyzed institutional factors that contribute to or constrain progress in biomass power generation in China. Data were collected from 275 straw suppliers (farmers) living around a biomass power plant, 15 middlemen, five power plant managers, and five local government officers. Interviews were held with all the participants, but questionnaires were additionally administered to the straw suppliers. Results showed that: (1) risk transfer in the biomass supply chain is one of the reasons why farmers are unwilling to supply straw; (2) middlemen are vital intermediaries between biomass power plant managers and farmers as a middleman-based biomass supply system is necessary to guarantee the quantity of straw supply, and; (3) the institutional structure that underlies the Chinese biomass energy industry is immature.

scholarly journals Methodological approach to risk-assignment for joint ventures in energy industry

2020 ◽  
Vol 177 ◽  
pp. 05023
Author(s):  
Anna Dudnik
Keyword(s):  
Risk Management ◽  
Joint Ventures ◽  
Evaluation Method ◽  
Risk Group ◽  
Methodological Approach ◽  
Energy Industry ◽  
Joint Project ◽  
International Partnership ◽  
Management Techniques ◽  
Group Hierarchy

The article provides guidance about risk allotment regarding to joint ventures operating in energy industry. Energy industry has been overwhelmed by risk, in compare to other branches. To diminish the chance of failure on international partnership, risk management techniques should be based on methodological principals. The paper presents outlook to risk in response to the stage of a joint project. The methodological approach is structured in accordance with risk group hierarchy received with Delphi evaluation method. Thus, joint ventures parties are allowed to complete an effective review in order to implement risk reduction actions.

A Study of Modern Risk Management Methods for Industrial Safety Assurance in the Fuel and Energy Industry

2021 ◽  
Author(s):  
Ilia I. Livshitz ◽  
Pawel A. Lontsikh ◽  
Natalia P. Lontsikh ◽  
Elena Yu. Golovina ◽  
Olga M. Safonova
Keyword(s):  
Risk Management ◽  
Industrial Safety ◽  
Energy Industry ◽  
Safety Assurance
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