Evolving Extreme Weather Risks Posing Unprecedented Insurance Woes for Renewables

Credit to Author: Sonal Patel| Date: Tue, 18 Oct 2022 14:34:57 +0000

Unexpectedly steep financial losses suffered by the U.S. renewables market owing to a barrage of extreme weather events over the past summer suggest that project hardening strategies aren’t going far enough, a major renewables insurer is warning. GCube, an international insurer for wind, solar, wave, hydro, and tidal projects around the world in an update […]

The post Evolving Extreme Weather Risks Posing Unprecedented Insurance Woes for Renewables appeared first on POWER Magazine.

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Risks and Opportunities: It’s an Interesting Time to Be in the Power Industry

Credit to Author: Aaron Larson| Date: Fri, 01 Jul 2022 04:11:00 +0000

War rages in Europe. Natural gas prices are through the roof. Drought threatens hydro production. Weather extremes are becoming commonplace. Supply chains are strained. Demand for electricity is headed

The post Risks and Opportunities: It’s an Interesting Time to Be in the Power Industry appeared first on POWER Magazine.

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Duke Energy, American Electric Power Separately Seeking to Go Net-Zero Carbon by 2050

Credit to Author: Sonal Patel| Date: Thu, 19 Sep 2019 14:11:08 +0000

The post Duke Energy, American Electric Power Separately Seeking to Go Net-Zero Carbon by 2050 appeared first on POWER Magazine.

Two formidable U.S. coal power generators this week separately revised their their carbon dioxide emissions reduction targets. Duke Energy announced it would achieve net-zero carbon emissions by 2050. American Electric Power (AEP), meanwhile, said it would extend its target from 60% to 70% from 2000 levels by 2030, and by more than 80% by 2050—but […]

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Fire risks from global warming spread to wet US Northwest

Credit to Author: ggaviola| Date: Sun, 04 Aug 2019 22:43:49 +0000

Fire risks from global warming spread to wet US Northwest

ISSAQUAH, Wash.  – Nestled in the foothills of Washington’s Cascade Mountains, the bustling Seattle suburb of Issaquah seems an unlikely candidate for anxiety over wildfires.

The post Fire risks from global warming spread to wet US Northwest appeared first on Inquirer News.

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