risk mitigation
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Energy Security
Rethinking Energy Reliability with Modern Power Systems
As the energy transition to inverter-based resources continues, reliability risk increases and requires additional investment to mitigate threats. But what measures should be put in place, what are the
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Connected Plant
How to Put the Power Grid to Work to Prevent Wildfires
While not a new occurrence, in recent years wildfires have wreaked havoc across the western U.S. We have also seen Mother Nature batter coastlines and landscapes around the globe, and the ever-mounting pace of
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Solar
Mitigating Emerging Utility-Scale Solar Project Risks
America’s energy systems are being led by renewables development, both now and in the foreseeable future. There should be no real argument about what the future of our energy economy looks like. Not just because renewables bolster needed decarbonization efforts, but because renewables are a better economic solution and embody core principles of American entrepreneurism. […]
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Renewables
TerraPro Solutions Implements Coronavirus Best Practices to Help Renewable Projects Advance Toward Critical Deadlines
TerraPro Solutions recommends comprehensive risk mitigation strategies to avoid significant delays and cost overruns, with proactive steps that can be taken now to protect renewable project development timelines. In the midst of this expanding public health crisis, TerraPro Solutions understands the uncertainty that this news has triggered for us and our families. While safety is […]
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T&D
Public Safety Power Shutoffs: How Utilities Could Partner
Catastrophic wildfires have devastated California in recent years. This article seeks to outline a plan wherein neighboring utilities can send energy to support a utility that has shut down critical paths during wildfire mitigation efforts. On the morning of Nov. 8, 2018, the Camp Fire erupted 90 miles north of Sacramento, California (Figure 1). This fire […]
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News
Energy Insiders Say Tech, Collaboration Key to Utility Storm Prep
Hurricane season is underway and summer heat already has arrived in many areas, which again puts the spotlight on utilities, the power grid, and disaster response plans after a series of major weather events and wildfires caused outages and other disruptions in the U.S. and Caribbean in recent years. “We’re seeing these events occur, and […]
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Legal & Regulatory
Technology Risk Insurance Broadens Power Project Financing Options
Power project financing demands are constantly changing. The current model for structuring project finance transactions began with the emergence of independent power producers (IPPs). Many IPPs only wanted to