The invention relates to the technical field of risk monitoring of nuclear power plants, and particularly discloses a risk monitoring model development method for a high-temperature gas cooled reactor nuclear power plant with two reactors with one machine, comprising the following steps: S1, analyzing an originating event; s2, event sequence analysis; s3, analyzing a system fault tree; s4, component common cause failure analysis; s5, personnel reliability analysis; s6, quantifying the accident sequence; s7, verifying the model; according to the method, the significant difference between the fourth-generation high-temperature gas cooled reactor and the second-generation pressurized water reactor is comprehensively considered, expansion analysis is carried out on a two-reactor one-machine-carrying mode, a double-reactor average risk model is established, expansion and conversion of a risk monitoring model are carried out, all power plant configurations are reflected, the real-time risk of the power plant can be reflected more truly, and the real-time risk of the power plant is improved. Power plant commissioning modes, equipment states (operation or shutdown), environmental factors and the like are reflected in real time, key scientific and technical problems of operation safety management of the high-temperature gas cooled reactor nuclear power plant are solved, and support is provided for safe, stable and economical operation of the high-temperature gas cooled reactor nuclear power plant.