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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
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
Renewable energy projects are experiencing unprecedented growth. Andrew Norris, senior engineering underwriter at Swiss Re Corporate Solutions, tells of the opportunities, the risks and how the industry is responding