This paper is published in Volume-10, Issue-1, 2024
Area
Energy
Author
Samson Edozie, Ibukunoluwa Okunnuga, Damilare Olutimehin
Org/Univ
Austin Peay State University, N 37044, United States, United States
Keywords
Risk Management, Renewable Energy Finance, Quantitative Techniques, United States, Energy Sector, Financial Risk, Probabilistic Modeling, Scenario Analysis, Monte Carlo Simulation, and Project Selection.
Citations
IEEE
Samson Edozie, Ibukunoluwa Okunnuga, Damilare Olutimehin. Risk Management in Renewable Energy Finance; Analyzing the Implication of Quantitative Risk Management Techniques Applied in Financing Renewable Energy Projects on Fostering Renewable Energy Growth and Its Integration into the US Energy Sector, International Journal of Advance Research, Ideas and Innovations in Technology, www.IJARIIT.com.
APA
Samson Edozie, Ibukunoluwa Okunnuga, Damilare Olutimehin (2024). Risk Management in Renewable Energy Finance; Analyzing the Implication of Quantitative Risk Management Techniques Applied in Financing Renewable Energy Projects on Fostering Renewable Energy Growth and Its Integration into the US Energy Sector. International Journal of Advance Research, Ideas and Innovations in Technology, 10(1) www.IJARIIT.com.
MLA
Samson Edozie, Ibukunoluwa Okunnuga, Damilare Olutimehin. "Risk Management in Renewable Energy Finance; Analyzing the Implication of Quantitative Risk Management Techniques Applied in Financing Renewable Energy Projects on Fostering Renewable Energy Growth and Its Integration into the US Energy Sector." International Journal of Advance Research, Ideas and Innovations in Technology 10.1 (2024). www.IJARIIT.com.
Samson Edozie, Ibukunoluwa Okunnuga, Damilare Olutimehin. Risk Management in Renewable Energy Finance; Analyzing the Implication of Quantitative Risk Management Techniques Applied in Financing Renewable Energy Projects on Fostering Renewable Energy Growth and Its Integration into the US Energy Sector, International Journal of Advance Research, Ideas and Innovations in Technology, www.IJARIIT.com.
APA
Samson Edozie, Ibukunoluwa Okunnuga, Damilare Olutimehin (2024). Risk Management in Renewable Energy Finance; Analyzing the Implication of Quantitative Risk Management Techniques Applied in Financing Renewable Energy Projects on Fostering Renewable Energy Growth and Its Integration into the US Energy Sector. International Journal of Advance Research, Ideas and Innovations in Technology, 10(1) www.IJARIIT.com.
MLA
Samson Edozie, Ibukunoluwa Okunnuga, Damilare Olutimehin. "Risk Management in Renewable Energy Finance; Analyzing the Implication of Quantitative Risk Management Techniques Applied in Financing Renewable Energy Projects on Fostering Renewable Energy Growth and Its Integration into the US Energy Sector." International Journal of Advance Research, Ideas and Innovations in Technology 10.1 (2024). www.IJARIIT.com.
Abstract
Risk management plays a critical role in the development of renewable energy projects in the United States. This paper analyzes the implications of quantitative risk management techniques applied in financing renewable energy projects on fostering renewable energy growth and its integration into the US energy sector. By examining the financial risks associated with renewable energy investments and the strategies to mitigate them, this study sheds light on how efficient risk management can enhance the attractiveness of renewable energy initiatives to investors and financial institutions. The paper also explores the role of government policies, market dynamics, and project selection criteria in shaping the risk landscape of renewable energy investments. Through a systematic review of the literature and case studies, the paper demonstrates how quantitative risk management methodologies, such as probabilistic modeling, scenario analysis, sensitivity analysis, and Monte Carlo simulation, provide valuable insights for decision-making, resource allocation, and project resilience in the dynamic energy market. Overall, this research contributes to a deeper understanding of the importance of risk management in promoting the growth and sustainability of renewable energy in the United States.