Why do DSU and BI exclude variable cost?
Variable cost refers to expenses that change proportionally with the level of production or business activity. These costs vary based on the volume of output or the level of sales…
What are Interconnector risks?
An interconnector for a subsea cable refers to the infrastructure that connects two or more electrical grids located in different countries or regions through an underwater cable system. These interconnectors…
What is EBOP , CBOP and fully wrap EPC in construction terms?
In the context of balance of plant (BOP) in power plants, the terms EBOP, CBOP, and fully wrap EPC are typically used to describe different approaches or contracting arrangements for…
What is Small Modular Reactor? Is it better than Renewable Energy?
What is Small Modular Reactor? A small modular reactor (SMR) is a type of nuclear reactor that is smaller in size and power output compared to traditional nuclear power plants.…
Subsea Cable and Types
In the telecommunications industry, there are generally two types of subsea cables: fiber optic cables and power cables. Let's explore the major differences between these two types: Fiber Optic Cables:…
Project Risks for Tritium Removal Facility (TRF)
Tritium is a radioactive isotope of hydrogen that emits low-energy beta radiation. It is commonly produced in nuclear reactors, as well as in some research and industrial facilities. Due to…
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…