Publication

Abstract : Achieving a diversified and sustainable energy supply for future generation is one of the major challenges for today’s policymaker’s. Renewable energy technologies can bring both environmental and socio economic benefits. The development of new projects involves various types of risks. Several risks are involved in the project, at every stage of the project different kinds of risks will crop up. Risks must be allocated, instead to create an efficient incentivizing tool for the parties involved. Renewable energy now is no more a matter of choice or option. Rather it is only way to survive. It can be said that benefits of renewable energy technology certainly outweighs the disadvantages of renewable energy technology if not immediately than certainly in future. Limitation or disadvantages will be certainly overcome in the near future seeing the technological advancements and ongoing research in the field.The present study considered the risks which are mainly influencing the selection of financing methods.