Environmental Insurance Agency, Inc.
1 services found
Environmental Insurance Agency, Inc. services
Risk Management Solutions
Renewable Energy Exposures
The Problem: Renewable energy projects involve potentially overlapping environmental as well as energy related property and liability exposures. The complex set of contracts involved in such projects, including power purchase agreements (PPAs), also determines how risks and exposures will be allocated. In addition, combining renewable energy with brownfields projects/sites may create unique combinations of risks that do not diminish over time. Solar or wind operations may damage engineering controls that are part of a remedy, and PPA’s often have 20 year terms.
