risk

  • Environmental Concerns Dominate Global Risks List

    For the first time in the 15-year history of the World Economic Forum’s Global Risks Report, environmental perils filled the top five positions on the list of long-term risks in terms of likelihood of occurrence over the next 10 years. The report, which is a qualitative and quantitative study of global risks, conducted in partnership […]

  • Building the Case for Power System Hardening

    Purse-string holders are pretty easily swayed to approve funding to upgrade transmission and distribution systems following major events like Superstorm Sandy and Hurricane Irene. However, it is becoming

  • New and Improved Insurance Offerings Provide Power Plants with More Options

    Risk is inherent in all businesses, but power plants face unique perils that require the right protection. Property and casualty insurance may not be enough; equipment breakdown, business interruption, weather risk transfer, and cyber coverage are just a few examples of insurance that may also be worth considering. The right coverage could mean the difference […]

  • More Regulators Rely on Risk-Based Decision-Making

    The dangers of the U.S.’s failing infrastructure have united both major political parties in calling for substantial capital investments to shore up safety and reliability. In California, the tragic explosion of the gas pipeline in San Bruno and the massive methane leak from the gas storage wells at Aliso Canyon have highlighted the potential for […]