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Prioritising energy transition is a crucial response to the most severe energy crisis since the 1970s
Confidence and demand shocks will result in a loss of $480 billion in exports to Russia and Eurozone countries - Allianz Trade
Wildfires have cost solar owners tens of millions of dollars in losses over the last decade - GCube
While wind turbine fires are relatively rare, when one does occur, it often results in the total destruction of the asset
Product includes cover for property damage and fines and defence costs arising from regulatory actions, including GDPR
Mining companies must incorporate ESG, above all climate change into their risk mitigation strategies in order to survive in the future - WTW
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
Asia-Pacific’s renewable energy sector is poised for growth, placing greater pressure on finding the best risk management solutions to prevent and mitigate the risks