During　the　planning　and　construction　process　of　a　multi-energy　coupled　microgrid,　various　risks　may　be　encountered.　Conducting　a　reasonable　risk　analysis　and　evaluation　for　its　planning　and　construction　can　help　avoid　unnecessary　losses.　This　article　first　provides　a　detailed　analysis　of　the　risks　faced　in　the　planning　and　construction　of　multi-energy　coupled　microgrids　and　establishes　a　risk　assessment　index　system.　Then,　it　proposes　an　evaluation　method　for　the　planning　risks　of　multi-energy　coupled　microgrids.　This　method　calculates　the　weights　of　risk　indicators　using　the　analytic　hierarchy　process　(AHP).　Via　the　risk　matrix　method　combined　with　Delphi　method,　the　comprehensive　risk　value　can　be　calculated　for　the　planning　and　construction　of　multi-energy　coupled　microgrids.　With　the　proposed　method,　comprehensive　risk　assessments　are　performed　on　two　case　studies　to　demonstrate　the　feasibility　of　the　method.　By　comparing　the　risk　indicator　scoring　results　of　the　two　planned　cases,　the　characteristics　of　multi-energy　coupled　microgrids　are　revealed.　©　2023　IEEE.