Renewable Energy Risk Management for Local Authorities

This guide outlines the risks associated with renewable energy projects for local authorities, emphasizing the importance of understanding and managing these risks effectively. It discusses the growing demand for electricity in the UK, driven by electrification and the shift towards renewable energy sources, which are expected to double by 2050. The document details various risks, including technological challenges, financial and contractual issues, supply chain constraints, and climate-related threats. It highlights the significance of a robust supply chain strategy and the need for thorough contractor selection to mitigate risks. Additionally, the guide addresses specific risks related to weather events, fire hazards, and cyber insecurities, providing recommendations for risk assessments and safety measures. By adopting a comprehensive risk management approach, local authorities can leverage the benefits of renewable energy while safeguarding against potential disruptions and ensuring compliance with safety standards.