Please use this identifier to cite or link to this item:
Title: Critical risk factors affecting the implementation of PPP waste-to-energy projects in China
Authors: Xu, Y
Chan, APC 
Xia, B
Qian, QK
Liu, Y
Peng, Y
Keywords: China
Project transfer
Public-private partnership (PPP)
Risk management
Waste-to-energy incineration plant
Issue Date: 2015
Publisher: Pergamon Press
Source: Applied energy, 2015, v. 158, p. 403-411 How to cite?
Journal: Applied energy 
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.
ISSN: 0306-2619
EISSN: 1872-9118
DOI: 10.1016/j.apenergy.2015.08.043
Appears in Collections:Journal/Magazine Article

View full-text via PolyU eLinks SFX Query
Show full item record


Last Week
Last month
Citations as of Aug 9, 2018


Last Week
Last month
Citations as of Aug 14, 2018

Page view(s)

Last Week
Last month
Citations as of Aug 12, 2018

Google ScholarTM



Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.