Risk analysis of public-private partnership waste to energy projects: A systematic literature review

Despite potential benefits, public-private partnership (PPP) waste-to-energy (WTE) projects face significant risks—technical, financial, environmental, and socio-political—that threaten their feasibility. Key risk factors include revenue uncertainty, government credit reliability, and public opposit...

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Main Authors: Kurnia Raharja Arif, Hadiyanto Hadiyanto, Maryono Maryono
Format: Article
Language:English
Published: EDP Sciences 2025-01-01
Series:E3S Web of Conferences
Online Access:https://www.e3s-conferences.org/articles/e3sconf/pdf/2025/05/e3sconf_icenis2024_03024.pdf
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author Kurnia Raharja Arif
Hadiyanto Hadiyanto
Maryono Maryono
author_facet Kurnia Raharja Arif
Hadiyanto Hadiyanto
Maryono Maryono
author_sort Kurnia Raharja Arif
collection DOAJ
description Despite potential benefits, public-private partnership (PPP) waste-to-energy (WTE) projects face significant risks—technical, financial, environmental, and socio-political—that threaten their feasibility. Key risk factors include revenue uncertainty, government credit reliability, and public opposition. The study is designed as systematic literature review (SLR) with three-phase methodology: planning, conducting, and reporting. A total of 136 articles from 2014 to 2024 were included in the initial selection. After applying all the criteria from the review protocol, 19 final articles were retrieved. The review identifies financial, technical, environmental, and social risks and highlights the importance of advanced risk assessment models like the 2-Dimension Linguistic Environment and Cloud Model and Bayesian Analytics for better decision-making. Differences in risk perceptions among stakeholders—government, public, and private entities—are examined, emphasizing the need for collaboration and transparency. Effective management of financial and market risks, particularly in emerging economies, involves policy implementation, government guarantees, and comprehensive risk allocation frameworks. There needs to be cooperation, clear communication, and policy frameworks to manage these different concerns effectively, ensuring that PPP WTE projects succeed and remain sustainable.
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spelling doaj-art-f3a6d86122764255b2743586b11eef7b2025-02-05T10:49:10ZengEDP SciencesE3S Web of Conferences2267-12422025-01-016050302410.1051/e3sconf/202560503024e3sconf_icenis2024_03024Risk analysis of public-private partnership waste to energy projects: A systematic literature reviewKurnia Raharja Arif0Hadiyanto Hadiyanto1Maryono Maryono2Master Program of Environmental Science, School of Postgraduate Studies, Diponegoro UniversityDepartment of Chemical Engineering, Faculty of Engineering, Diponegoro UniversityDepartment of Urban and Regional Planning, Faculty of Engineering, Diponegoro UniversityDespite potential benefits, public-private partnership (PPP) waste-to-energy (WTE) projects face significant risks—technical, financial, environmental, and socio-political—that threaten their feasibility. Key risk factors include revenue uncertainty, government credit reliability, and public opposition. The study is designed as systematic literature review (SLR) with three-phase methodology: planning, conducting, and reporting. A total of 136 articles from 2014 to 2024 were included in the initial selection. After applying all the criteria from the review protocol, 19 final articles were retrieved. The review identifies financial, technical, environmental, and social risks and highlights the importance of advanced risk assessment models like the 2-Dimension Linguistic Environment and Cloud Model and Bayesian Analytics for better decision-making. Differences in risk perceptions among stakeholders—government, public, and private entities—are examined, emphasizing the need for collaboration and transparency. Effective management of financial and market risks, particularly in emerging economies, involves policy implementation, government guarantees, and comprehensive risk allocation frameworks. There needs to be cooperation, clear communication, and policy frameworks to manage these different concerns effectively, ensuring that PPP WTE projects succeed and remain sustainable.https://www.e3s-conferences.org/articles/e3sconf/pdf/2025/05/e3sconf_icenis2024_03024.pdf
spellingShingle Kurnia Raharja Arif
Hadiyanto Hadiyanto
Maryono Maryono
Risk analysis of public-private partnership waste to energy projects: A systematic literature review
E3S Web of Conferences
title Risk analysis of public-private partnership waste to energy projects: A systematic literature review
title_full Risk analysis of public-private partnership waste to energy projects: A systematic literature review
title_fullStr Risk analysis of public-private partnership waste to energy projects: A systematic literature review
title_full_unstemmed Risk analysis of public-private partnership waste to energy projects: A systematic literature review
title_short Risk analysis of public-private partnership waste to energy projects: A systematic literature review
title_sort risk analysis of public private partnership waste to energy projects a systematic literature review
url https://www.e3s-conferences.org/articles/e3sconf/pdf/2025/05/e3sconf_icenis2024_03024.pdf
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