01Overview
- Conduct physical, virtual, and desktop risk surveys of operational and under-construction power plants.
- Review the complete power generation process, plant layout, equipment configuration, utility systems, maintenance practices, protection systems, and operational controls.
- Assess major plant equipment, including boilers, steam turbines, gas turbines, generators, transformers, switchyards, cooling systems, fuel-handling systems, water-treatment plants, ash-handling systems, hydro turbines, penstocks, dams, solar PV systems, wind turbine generators, and battery energy storage systems.
- Identify machinery breakdown, fire, explosion, electrical, operational, natural catastrophe, and business interruption exposures.
- Evaluate maintenance practices, protection systems, critical equipment, single-point failures, and long-lead replacement items.
- Prepare technical risk assessment reports, PML/MFL/NLE/MAS estimates, loss scenarios, and practical risk-improvement recommendations & support underwriting, claims, and reinsurance teams with technical inputs.
- Review project schedules, testing and commissioning procedures, critical-path activities, long-lead equipment, and delay in start-up exposures for projects under construction. .
