Analysis – Page 15
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Analysis
Risk-managing renewable energy projects: what Hurricane Maria taught us
Hurricane Maria, Puerto Rico’s worst natural disaster on record, highlights the impact major natural catastrophes can have on renewable energy projects and what can be learnt
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Analysis
Could energy storage resolve grid volatility?
As power grids seek to adapt to the transition to renewable power generation, energy storage solutions, including battery storage, gas peaking plants and hydroelectricity, are touted as one solution to grid volatility
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The risks and opportunities of cross-border energy sharing
Damage to deep-sea cables - such as those servicing offshore wind projects - has been a major driver of losses within the renewable sector. As grids seek to import and export more of their power via interconnectors, there is an opportunity to learn from these losses
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Analysis
Four future risk management trends you need to know about today
StrategicRISK spoke to Risk Academy chief executive officer, Alex Sidorenko, for some crystal ball gazing about what the future of risk management might look like
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Analysis
Wind hedging can safeguard revenues when the wind doesn’t blow
No one can control the wind and the wrong kind of weather can place revenue streams under real pressure. But here’s the solution…
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How technological innovations will transform renewable energy maintenance for the better
Costly maintenance issues could become a thing of the past as smart sensors pre-empt future damages to turbines and other renewable energy technology
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Analysis
Renewable energy investment is on the rise but there are some major risks to look out for
Renewables are the fastest-growing source of energy, backed by huge investment, but the sector is not without its risks and new threats are emerging all the time
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Analysis
Lessons learnt when Ryanair flight FR-9672 avoided a fatal collision
The airline’s near-miss in 2005 places human error and performance at the centre of risk prevention discussions during a StrategicRISK roundtable
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Analysis
Blockchain insurance buying tech unveiled for Maersk
The first blockchain marine insurance transaction, between shipping company AP Møller-Maersk and insurers MS Amlin and XL Catlin, was the topic of debate at an event in London today
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Analysis
Carillion enquiry slams Big Four audit firms
The UK’s audit market is a “cosy club incapable of providing the degree of independent challenge needed”, said a House of Commons joint select committee enquiry into the collapse of construction company Carillion
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Analysis
No more government blank cheques, as climate risk shifts to insurers and lawsuits
Law firm Clyde & Co held a briefing in London to discuss the evolution of climate risk litigation and the role of insurance sector
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Analysis
Four hot topics at RIMS 2018
Susan Hiteshew, a board member at RIMS, tells StrategicRISK which risks are big focuses at the RIMS 2018 event in San Antonio
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These are the 9 factors driving ERM for energy firms
Willis Towers Watson focuses on enterprise risk management in its latest Energy Market Review, listing nine factors driving an ERM focus
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Analysis
How to respond to a social media crisis
Reputational risk has been sharpened by social media, making crisis response even more vital. David Benyon reports
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Analysis
China pursues lithium autarky
A political risk report from Verisk Maplecroft focuses on Chinese ambitions for self-sufficiency in lithium for the batteries to power electric vehicles, with far-reaching implications for suppliers and competitors
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Analysis
Parametric insurance: the future of risk transfer?
Parametric pay-outs could reduce the protection gap and help protect against climate change. Claudia De Meulemeester reports
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Analysis
Climate risk – business as usual impossible
Climate scientist professor Sir Brian Hoskins led a Norton Rose Fulbright debate held at Lloyd’s
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Analysis
Contagious malware cyber catastrophe in waiting – RMS
The risk modelling firm has developed its first probabilistic risk model for cyber-attacks, with contagious malware such as NotPetya a wildcard for future cyber catastrophes
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Analysis
Energy sector faces BI risk from cyber-attacks, integration, Marsh warns
Business interruption losses could hit energy and power firms, caused by cyber attacks or companies’ own consolidation efforts