The article aims to study the determinants of the energy policy implementation process from

risks and danger perspectives by building the risk management system model. The research methodology

is based on the application of the risk map to the energy policy. Our results confirmed

that the risk map could be applied in the energy industry to identify the risks and to implement the

energy policy risk management system model which will prevent critical uncertainties and risk

structure, identified from the risk map as well as bring the energy industry to the future state by

implementing scenarios and strategies, developed by the World Energy Council. The research limitations

are that the main limits are concerned with the lack of the evaluation results of the energy

policy risks aimed for the system management of the changes which these risks may introduce. No

empirical study has been conducted. The application of the risk map is related in a major part to

the enterprise level with financial and technical purposes of changes. In the research we made an

attempt to develop the managerial recommendations for the regulators on how to make a transitions

of risks to opportunities of introducing and managing changes in the framework of the energy

policy risk management system model. The originality/ value of the paper consists firstly, in the innovativeness

of applying the tool of matrix forecasting to the energy sector; secondly, in providing

a supporting tool to policy-makers and managers decisions.