Under the "dual carbon" context, China's power enterprises not only have to continue to meet the electricity demands for economic and social development, but also need to invest a large amount of funds in innovating power generation technologies, phasing out and upgrading highly polluting power generation units, and at the same time, strengthen the construction of new power grids and cope with fierce market competition. All these will inevitably impose a heavier operational burden on power enterprises and increase the possibility of financial risks occurring in them.