S4 - Insurances in Wind Farm Operations
14 Nov - From 12:50 to 14:40
Introduction
Understanding insurance within wind farm operations is essential for mitigating risks and ensuring the financial resilience of these complex wind projects. Wind farms face unpredictable challenges such as weather-related damages and equipment failures, making comprehensive insurance coverage a crucial aspect of risk management. With significant financial investments in establishing and maintaining wind farms, a nuanced understanding of insurance options enables stakeholders to safeguard against potential losses, ensuring renewable energy initiatives' continued success and sustainability.
Your moderator of this roundtable
Domenico La Barbera, Head of Strategy & Growth - O&M Wind Technology at Enel Green Power
Usually, O2O WIND moderates our owner-to-owner discussions, but we have asked our dear members to help us in Madrid.
A big thank you to Enel!
Is this your cup of tea?
Are these the challenges you are expected to develop in your professional role?
How to ensure your wind farm insurance coverage is comprehensive enough to address various risks, including equipment breakdowns, property damage, business interruptions, and third-party liabilities?
Providing a detailed overview of the terms and conditions within the insurance policies, including coverage limits, deductibles, and any exclusions of what you should be aware of.
How do you conduct a thorough risk assessment specific to your wind farm's location, climate, and operational conditions to identify and address potential threats?
How do you align your insurance choices with your financial planning to effectively mitigate the impact of unexpected events on your wind farm's budget and overall financial health?
How do you consider the reliability and maintenance history of your turbines and associated equipment, as these factors can influence insurance premiums and coverage?
Joining this discussion with identical peers from other WTG owners will give you a broader understanding, an expanded network and valuable insights.
Your top challenge – directly included
This roundtable is based on real and current challenges held among the participants. You will have direct input on your top challenge and insights into your peer’s top challenges.
Before the event - submit your top challenge.
At the event - discover your peers' challenges, have input on yours and discuss solutions.
After the event - receive a summary of the findings from all roundtables, providing valuable insights for all.
Once you have registered your team, each individual will receive a link to select roundtables and submit their top challenges. A dummy is shown at this link.
Jump in-between our five different sessions: