Critical risk factors affecting the implementation of PPP waste-to-energy projects in China

Xu, Yelin, Chan, Albert P.C., Xia, Bo, Qian, Queena, Liu, Yong, & Peng, Yi (2015) Critical risk factors affecting the implementation of PPP waste-to-energy projects in China. Applied Energy, 158, pp. 403-411.

[img] Accepted Version (PDF 263kB)
Administrators only until November 2017 | Request a copy from author

View at publisher

Abstract

Since 2003, Mainland China has been promoting the public–private partnership (PPP) procurement model in the waste-to-energy incineration sector to reduce the waste burying rate and improve environmental quality. Five critical risk factors (CRFs) that affect the construction and operation of waste-to-energy incineration projects have been identified from real-life risk events of 14 PPP waste-to-energy incineration plants through content analysis. These risk factors are insufficient waste supply, disposal of non-licensed waste, environmental risk, payment risk, and lack of supporting infrastructure. A recently completed PPP waste-to-energy incineration plant, the Shanghai Tianma project, was investigated to learn from the effective management of CRFs. First-hand data about the Shanghai Tianma project was collected, with a focus on project negotiation and concession agreement. Lessons learned about risk management were acquired. This paper presents a detailed study of the contractual structure, risk sharing scheme, risk response measures to CRFs, and project transfer of a PPP project. The study results will provide governments with management implications to prepare equitable concession agreements and benefit private investors by effectively mitigating and managing risks in future PPP waste-to-energy incineration projects.

Impact and interest:

1 citations in Scopus
Search Google Scholar™

Citation counts are sourced monthly from Scopus and Web of Science® citation databases.

These databases contain citations from different subsets of available publications and different time periods and thus the citation count from each is usually different. Some works are not in either database and no count is displayed. Scopus includes citations from articles published in 1996 onwards, and Web of Science® generally from 1980 onwards.

Citations counts from the Google Scholar™ indexing service can be viewed at the linked Google Scholar™ search.

ID Code: 88057
Item Type: Journal Article
Refereed: Yes
Keywords: Public–private partnership (PPP), Waste-to-energy incineration plant, Risk management, Project transfer, China
DOI: 10.1016/j.apenergy.2015.08.043
ISSN: 0306-2619
Subjects: Australian and New Zealand Standard Research Classification > BUILT ENVIRONMENT AND DESIGN (120000) > BUILDING (120200)
Divisions: Current > Schools > School of Civil Engineering & Built Environment
Current > QUT Faculties and Divisions > Science & Engineering Faculty
Funding:
  • NNSFC/71471166
Copyright Owner: Copyright 2015 Elsevier
Copyright Statement: Licensed under the Creative Commons Attribution; Non-Commercial; No-Derivatives 4.0 International. DOI: 10.1016/j.apenergy.2015.08.043
Deposited On: 07 Oct 2015 23:15
Last Modified: 11 Oct 2015 05:12

Export: EndNote | Dublin Core | BibTeX

Repository Staff Only: item control page