02 / Energy Transition
Keep the energy transition moving.
From solar and wind to battery storage, hydrogen, and carbon capture, energy projects connect new technology with complex infrastructure. We design insurance around construction, commissioning, and operation, helping align your risk strategy with the project’s path to revenue.
Start a conversation01 / THE INDUSTRY IN CONTEXT
- Expected global investment in renewables, nuclear, grids, storage, low-emissions fuels, efficiency, and electrification in 2026.
- $2.2T
- [1]IEA, 2026 (opens in a new tab)
- Renewable, storage, and large-load projects stalled in grid connection queues worldwide, reported in 2026.
- 2,500+ GW
- [3]IEA, Electricity 2026 (opens in a new tab)
Figures describe industry scale, investment, or exposure. Dollar figures in USD.
02 / THE INSURANCE PERSPECTIVE
Project delays and insured delays are different questions.
A project’s route to revenue depends on more than completing construction. Grid access, commissioning, permitting, and equipment readiness can each affect the schedule. We examine construction and operational coverage together, mapping policy triggers and exclusions against those dependencies, replacement times, and lender requirements. That review helps distinguish delays insurance may address from risks that need to be managed through contracts, contingency plans, or project reserves.
03 / FLAGSHIP USE CASE
Illustrative scenarioBringing grid-scale battery storage into service
A developer is preparing a grid-scale battery storage project for energization and commercial operation. Battery enclosures, inverters, and the substation are installed, but performance testing and utility approval remain. Lender conditions, contractor handover, and contracted availability obligations must align as operational responsibility shifts to the owner.
Insurance priorities
Commissioning and handover
Review when construction coverage ends and operational coverage begins, including energization, testing, acceptance criteria, and responsibility for defects identified during commissioning.
Equipment and recovery
Assess property and equipment breakdown terms against battery replacement strategy, fire protection, transformer lead times, and the cost of restoring the site.
Revenue and obligations
Separate insured damage scenarios from grid or permitting delays, then review business interruption assumptions alongside financing terms, availability commitments, and reserves.
Create a clear insurance transition into operation, with responsibilities and retained delay exposures understood before the project begins delivering its contracted services.
THE NEXT MOVE
Bring your next energy project into focus.
Share your technology, development stage, and route to commercial operation. Let’s map the insurance questions that matter to your project.
Start a conversation