Risks Associated with Geomagnetic Storms

Credit to Author: Michael Bruch| Date: Wed, 24 Jul 2024 20:50:40 +0000

In May 2024, stargazers and smartphone photographers witnessed a spectacular moment in time over the course of two nights. Social media and news outlets were dazzled by incandescent light plays […]

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To Protect From Wildfires, Insurance Companies Want To Change How Buildings Are Built

Credit to Author: Steve Hanley| Date: Thu, 18 Jul 2024 15:26:45 +0000

The insurance industry is setting buildings on fire to demonstrate techniques to mitigate the risks of wildfires.

The post To Protect From Wildfires, Insurance Companies Want To Change How Buildings Are Built appeared first on CleanTechnica.

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One Way We Can Fix Skyrocketing Auto Insurance Premiums For EVs

Credit to Author: Jennifer Sensiba| Date: Wed, 10 Jul 2024 11:52:10 +0000

Imagine this: you’re driving your car after a hard day at work. You’re tired, you’re easily distracted, and then your significant other calls to let you know that there’s one more chore to do in town before you go home. As you reach for the touchscreen to hang up the … [continued]

The post One Way We Can Fix Skyrocketing Auto Insurance Premiums For EVs appeared first on CleanTechnica.

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Management Strategies Needed as Power Sector Faces Increasing Risk

Credit to Author: Edward Stewart| Date: Mon, 08 Apr 2024 13:30:14 +0000

Owners and operators of thermal and renewable energy infrastructure are navigating new and emerging risks due to digitization of the grid, an uncertain regulatory landscape, and changing environmental and weather […]

The post Management Strategies Needed as Power Sector Faces Increasing Risk appeared first on POWER Magazine.

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Brownfield Sites Spur Opportunity in the Power Grid

Credit to Author: Emily Bourdeau| Date: Thu, 22 Jun 2023 19:31:59 +0000

Over the past few years, climate change coupled with the Biden administration’s push for clean energy alternatives has spurred innovation in the power grid. One growing trend among developers, planners […]

The post Brownfield Sites Spur Opportunity in the Power Grid appeared first on POWER Magazine.

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Republican Extremism Could Be Major Threat To Home Insurance

Credit to Author: Zachary Shahan| Date: Wed, 07 Jun 2023 18:27:46 +0000

The insurance industry survives and thrives on two things: its ability to quantify risk and then its ability to profit on it. Whether talking about home insurance, car insurance, life insurance, or some other kind of insurance, the first step is to do the math of how likely it is that certain destruction will occur […]

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Emerging Risks in Renewable Energy: A Brief Overview of Solar, Wind, BESS, and Hydro Trends in Latin America

Credit to Author: Contributed Content| Date: Thu, 08 Jun 2023 19:02:20 +0000

Renewable energy is on the rise in Latin America (LATAM). The International Energy Agency (IEA) projects a growth of electricity demand from 1,295 TWh in 2020 to 2,282 TWh in […]

The post Emerging Risks in Renewable Energy: A Brief Overview of Solar, Wind, BESS, and Hydro Trends in Latin America appeared first on POWER Magazine.

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NOAA & NSF Researching Insurance Industry’s Climate Needs — New Research Center

Credit to Author: Guest Contributor| Date: Wed, 17 May 2023 14:40:49 +0000

Whether you own a home, a business, or other assets, insurance is an important part of any budgetary calculation involving protection of property. While the insurance and reinsurance sector are at the forefront of translating weather and climate information into financial and societal risks, the industry’s focus has been on use of catastrophe models rather […]

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Effects of Evolving NatCat Risks on Reliability and Insurability of Renewable Assets

Credit to Author: Contributed Content| Date: Mon, 01 May 2023 04:09:58 +0000

News on extreme weather events in the U.S. report an increase in both frequency and size over the last couple of years, including thunderstorms, tornadoes, convective storms, flash floods, hurricanes, […]

The post Effects of Evolving NatCat Risks on Reliability and Insurability of Renewable Assets appeared first on POWER Magazine.

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