extreme weather

How can a utility, or any organization for that matter, prepare for the unexpected, especially when it comes to the volatility of weather? This question is increasingly coming to the forefront of risk

The power grid has been a topic that has dominated headlines in the energy industry and mainstream news over the past few decades. Despite this increased focus, with each passing year the problem is only

Reliability measures implemented after Winter Storm Uri and Elliott were largely effective at averting distress on the power and natural gas systems during two severe arctic storms that swept across North America in quick succession in January, staff from the Federal Energy Regulatory Commission (FERC) and the North American Reliability Corp. (NERC) have reported. During […]

Scientists who maintain the world’s temperature records, which date back to 1880, calculate a global temperature anomaly each year to determine how much temperatures have changed compared to temperatures from 1951 to 1980. In mid-January, they announced that 2023 was the hottest year on record. Furthermore, they said every month from June through December 2023 […]

The Electric Reliability Council of Texas (ERCOT) has issued a conservation appeal as it braces for continued freezing temperatures, “very high” demand, and “unseasonably low wind” early in the morning on Jan. 15, just before the solar ramp-up. The grid operator on Sunday afternoon said it expects “tight grid conditions” as temperatures plunge, driven by […]

Climate change is a threat multiplier. Clean-up costs are ballooning and natural disasters are growing more expensive. In 2022 alone there were 18 natural disasters that caused more than $1 billion in damage, up from only three events in 1980. These are taking a bigger bite out of the energy sector’s operating costs and profits, […]

In today’s rapidly changing world, the effects of severe weather are felt more acutely and often; take Britain’s recent record temperatures topping 40°C. As nations commit to lowering emissions, promoting energy equality, and moving toward a more sustainable world, resilience to the effects of climate change must also be top of mind—namely, extreme weather events. […]

Microgrids offer an ideal solution to counter the risk of weather-related power disruption by bolstering operational resilience, reducing dependence on local utilities, and lowering energy costs. However, the

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 […]

Climate and extreme weather are increasingly impacting energy systems around the world. Heat waves have spread across the U.S. from coast to coast this summer, and many parts of Europe have also felt the