Greener, Safer, Stronger: How Renewable Energy is Fireproofing its Future

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Insurance Insider

About this talk

The renewable energy market was valued at $856 billion in 2021 and is expected to grow to $2 trillion by 2030. This rapid growth comes with risks: Solar, wind and battery energy storage projects are often located in rural areas, prone to the natural elements, including conditions ripe for the rapid spread of wildfire. These projects can face liability from sparking wildfires plus property damage from wildfires started onsite or elsewhere. Join us for a free webinar, in partnership with AXIS, 11:00 ET/16:00 BT, on April 17, as we explore the challenges and opportunities renewable energy projects face when mitigating wildfire risks. Discussion questions include: --Overview of the insurance market for renewable energy: what lines can be impacted by wildfire? --What risk management approaches should be used when planning, building and operating renewable energy projects? --Before the fire: how to mitigate wildfire risk and how insurance can help in building resilience --After the fire: how to successfully adjust losses when the long-term damage to equipment may not be readily apparent --Other challenges including inflation, labor shortages, supply chain issues and the evolving regulatory environment Panel: Sam Walsh, Head of US Renewable Energy, AXIS Michael Kolodner, Global Renewable Energy & US Power Leader, Marsh Miguel Hernández, Renewable Energy Adjuster, Global Risk Solutions Moderator: Meg Green, Senior Editor, Insurance Insider
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