
Renewable energies
Implications for insurance
Property & Engineering / Online seminar
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General description
In line with the goals of the Paris Agreement, the energy system is undergoing a fundamental transition that is set to accelerate over the years to come:
- New power production capacity will mainly come from on- and offshore wind power and from solar PV.
- Battery energy storage systems (BESSs) will be added at a larger scale to balance power production with power demand over time.
- Decarbonisation of sectors that cannot be electrified will require large amounts of green fuel to be produced (e.g. hydrogen, e-fuels, green ammonia).
All the above developments come with new risks: renewable power assets, for example, are especially vulnerable to extreme weather events; BESSs and newly developed hydrogen-fuelled applications have high fire risks. Furthermore, rapid technological evolution entails a number of risks that cannot be deduced from historical data.
This poses new challenges for the insurance industry and requires a thorough risk assessment during underwriting. The seminar outlines the implications for insurance and provides loss examples and recommendations for underwriters when assessing technologies needed for the energy transition.
Contents
- Status and fundamental changes in the power generation landscape
- Resulting new risks
- Implications for insurance
- Loss examples, risk assessment and underwriting for renewable energies
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Date
23 September 2026, 3.30 p.m. (CEST)
Deadline for registration
22 September 2026