renewable energy

FM Power & Renewables Report

How the power and renewable sector can balance rapid growth and effective risk management

Demand for additional power capacity is accelerating, driven by data centers, electrification and the energy transition. But as developers and operators move faster, decisions involving sites, emerging technologies, construction and operations can introduce risks that affect an asset for decades.

Based on a global survey of 750 power infrastructure owners, operators and developers, 150 insurance brokers and 150 financiers, this report explores where risk is accumulating and how engineering insight can help make projects more profitable, insurable and financeable.

Where is risk accumulating across the power asset lifecycle?

Rapid expansion is placing pressure on critical decisions from site selection and technology procurement through construction, handover, operations and maintenance. The report examines how these risks affect total cost of risk, insurance coverage, project economics and investor confidence, and why resilience must be considered before risk becomes embedded in the asset.
  • 78%
    of power and renewables companies say site selection decisions frequently create downstream exposures that were not anticipated at the time.
    How can earlier engineering insight prevent risk from being locked in?
  • 65%
    of power and renewables providers say new and hybrid technologies are underinsured or inconsistently treated.
    Is available coverage keeping pace with emerging technology?
  • 87%
    of respondents agree that applying engineering insight early makes projects more profitable, insurable and financeable.
    How can engineering turn uncertainty into measurable resilience?
  • board meeting
    • How site and technology decisions can create long-term exposure
    • Why construction pressures and handover gaps allow risk to accumulate
    • Where insurance coverage may diverge from real-world recovery needs
    • How resilience uncertainty affects project costs, returns and financing
  • Engineering insight for every stage of the asset lifecycle

    FM focuses on preventing loss, not simply transferring it. Our engineering capabilities support clients from early site and technology decisions through construction, handover and ongoing operations. The report describes FM’s natural hazard analysis, research and testing, practical engineering guidance, construction risk expertise and long-term capacity.
    Talk to an FM specialist

Explore FM energy solutions

Discover how FM combines research, engineering expertise and long-term partnership to help conventional and renewable power assets operate with greater confidence.

  • Power generation

    Build reliability and continuity across complex power generation assets with research-backed engineering, technical depth and industry-focused risk solutions.

  • Renewable energy

    Navigate evolving risks across utility-scale solar, onshore wind and battery energy storage with dedicated engineering, research and insurance expertise.

woman on a computer

Build power infrastructure with resilience

Connect with FM to discuss how engineering insight and long-term risk partnership can support resilient power infrastructure from site selection through operation.