Senior Engineer Hartford Steam Boiler Inspection and Insurance Company, Connecticut
Presentation Description: This presentation introduces the audience to the various types of risk faced by a renewable energy project from the development stage into construction, operation, and decommissioning at the end of life. There are three main ways of dealing with risk: retain (“cross that bridge when it comes”), mitigate (risk reduction methods and safety standards), and transfer (insurance). This presentation will identify the risks and discuss how these risks are typically dealt with, including references to particular safety standards and generally available insurance products. Where possible, Linkesh will bring real world lessons learned from experience in the insurance world.
Methodology: Interactive presentation; using a slide deck with time for Q&A, some polls, and some open-ended questions to the audience.
Learning Objectives:
Upon completion, participants will be able to define risks inherent in a renewable energy project at the various stages of its life.
Upon completion, participants will be able to understand the impact certain risks could have on their project.
Upon completion, participants will be able to decide whether to retain, mitigate, or transfer risks to the best benefit of their project.
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