IDEAS home Printed from https://ideas.repec.org/h/spr/advbcp/978-94-6239-640-1_15.html

Innovation of Power Financial Informatization Risk Management and Control Mode under the Background of New Energy

In: Proceedings of the 2026 5th International Conference on Big Data Economy and Digital Management (BDEDM 2026)

Author

Listed:
  • Tong Ni

    (State Grid Gansu Electric Power Company Lanzhou Power Supply Company)

  • Yifei Tang

    (State Grid Gansu Electric Power Company)

  • Qiang Ma

    (State Grid Gansu Electric Power Company)

  • Wanlong Huang

    (State Grid Gansu Electric Power Company)

  • Qiong Liao

    (State Grid Gansu Electric Power Company)

Abstract

Against the backdrop of global energy transition, the large-scale development of new energy (e.g., wind and solar power) has reshaped the financial management landscape of power enterprises. New energy projects are characterized by high upfront investment, long payback periods (15–20 years), and high policy sensitivity—factors that have increased the complexity of power financial management. However, traditional power financial informatization systems, designed for conventional thermal power enterprises, fail to adapt to new energy scenarios: they lack targeted risk management modules, struggle with multi-source data integration, and cannot effectively respond to new energy-specific risks. This study, by integrating literature, cases and data statistics, analyzed 30 domestic new energy enterprises (2020-2024) and over 50 distributed projects. It was found that traditional ERP systems have obvious bottlenecks: 87% of enterprises are unable to track the cost of energy storage battery replacement, and 92% encounter delays in subsidy settlement. The research identified five key risks in the informatization of new energy power, among which the incidence of policy coordination risk was the highest (31.5%), with an average loss of 2.145 million yuan per occurrence. Data security risks came second (28.3%, with an average loss of 1.567 million yuan per occurrence).

Suggested Citation

  • Tong Ni & Yifei Tang & Qiang Ma & Wanlong Huang & Qiong Liao, 2026. "Innovation of Power Financial Informatization Risk Management and Control Mode under the Background of New Energy," Advances in Economics, Business and Management Research, in: Hongbo Li & Daowen Qiu & Hui An & Yahua Xu & Liew Chee Yoong (ed.), Proceedings of the 2026 5th International Conference on Big Data Economy and Digital Management (BDEDM 2026), pages 165-172, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6239-640-1_15
    DOI: 10.2991/978-94-6239-640-1_15
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Keywords

    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:advbcp:978-94-6239-640-1_15. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.