Abstract:
Introduction In order to reduce or circumvent various risks in the construction and operation of pumped storage power station projects, this paper aims to establishe a risk assessment system for them.
Method Firstly, we established the SWOT-PEST risk analysis matrix by analyzing the development environment, then the risk factors were identified. Secondly, we established the risk evaluation model by using grey correlation analysis and TOPSIS method.
Result The results we obtained demonstrate the validity of the model and several rationalization suggestions are put forward.
Conclusion This work provides some guidance on risk assessment of similar pumped storage power station projects and further study on risk assessment model.