Major Causes of Dam Failure Incident
Here is a list of some causes of dam failure incidents that occurred between 2000 and 2019: Poor Design and Construction: Deficiencies in the design and construction process can lead…
How to mitigate the risks of lithium-ion batteries
Lithium-ion batteries are a vital component of modern technology, powering everything from smartphones and laptops to electric vehicles and renewable energy storage systems. However, these batteries also come with certain…
Types of Dams and their Risks
Each type of dam has its own advantages and is chosen based on factors such as the topography of the site, available construction materials, and the specific requirements of the…
Hydrogen Risks and Insurance Consideration: Assessing the Challenges and Opportunities
In recent years, there has been a growing global interest in hydrogen as a clean and sustainable energy source. With its potential to revolutionize various sectors, including transportation and energy…
Hydroelectric project risks
Here are some common types of hydroelectric projects: Conventional Hydroelectric Power Plants: These are large-scale hydroelectric projects that use dams to store water in a reservoir and then release it…
Type of Pontoon Floating Solar PV
Pontoon floating solar refers to a type of solar panel installation that is mounted on a floating platform called a pontoon. This type of installation is often used in bodies…
Floating solar VS ground mounted solar project: Why their risks are different?
Floating solar and ground mounted solar both involve some level of risk, but the nature of the risks associated with each can be different. Most importantly, insurance company will price…
Reclamation Risks – how to manage them and protect your project
From an insurance and risk management perspective, reclamation risks are a growing concern for companies that engage in industrial activities. These risks can include environmental liabilities, regulatory compliance, and financial…
Discommissioning
Decommissioning a power project refers to the process of permanently shutting down and dismantling a power plant or facility that is no longer operational or has reached the end of…
Manage curtailment risk in renewable energy industry
The renewable energy industry is rapidly growing, with wind and solar power becoming increasingly popular sources of electricity generation. However, as the amount of renewable energy on the grid increases,…