Power Generation Risk Management Solutions | FM

Power generation

a true partner

Building longevity. Engineering continuity.

FM offers proven engineering capabilities, research-backed insights and industry-leading capacity to help power generators reduce loss and operate with confidence.

  • Partnership

    FM brings over 70 years of power generation expertise and some of the longest client relationships in the industry, working closely with your team to build strategies that support continuity year after year.

  • Protection

    The infrastructure that powers the world demands more than an insurance policy. FM's approach integrates research, technical depth and OEM insights to prevent failures before they happen.

  • Progress

    As power generation evolves to meet AI growth, cloud infrastructure and new energy demands, FM helps you advance without added exposure, so you can scale and transition while driving innovation.

By the numbers

  • 150+
    Power generation clients worldwide
  • Up to $2B US
    Industry-leading capacity
  • 150+
    Field engineers globally trained in power generation

Risk and resilience

Finding reliability in a changing energy landscape

Mechanical and electrical failures account for more than 70% of major power generation losses. FM's engineering targets the vulnerabilities that drive the highest frequency and severity.

Electrical breakdown risk

Insulation failures, short circuits and transformer faults rank among the most financially severe events in power generation. FM identifies design vulnerabilities and protection gaps early, helping clients avoid cascading failures and the extended outages that drive the highest losses.

Mechanical breakdown risk

Gas turbines, steam turbines and generators are responsible for the largest share of power generation losses. FM engineers assess asset integrity, maintenance programs and contingency plans to reduce failure frequency and limit the financial impact of unplanned outages.

Natural hazard risk

Floods, hail, lightning, freeze events and windborne debris threaten thermal, hydro and renewable assets alike. FM's natural hazard expertise and site-specific engineering help facilities prepare for, withstand and recover from weather-related disruptions.

Supply chain risk

Lead times for large transformers now stretch two to three years, and gas turbine replacements can take longer. FM helps clients assess spare part strategies, identify critical single points of failure and build contingency plans that reduce outage duration when equipment fails.

Cyber risk

Industrial control systems and aging grid infrastructure are increasingly targeted by cyberattacks. FM provides comprehensive cyber risk assessments to help identify vulnerabilities across digital and physical infrastructure.

Resources

Insights built on decades of research

From loss trend data to engineering standards, FM's resources give power generators the information needed to make smarter risk decisions.
  • Loss trend and predictive analytics report

    FM has tracked power generation losses for over 70 years across 1,300+ engineered locations. Our latest report reveals the patterns behind mechanical breakdowns, electrical failures, transformer constraints and natural hazard impacts, so you can see tomorrow's vulnerabilities today.
    Read the report
  • FM property loss prevention data sheets

    Our research-based data sheets turn decades of engineering insight into clear, actionable standards that help reduce risk and improve reliability.

  • FM Renewable Energy

    Build resilient renewable energy assets with expert guidance, engineering insights, and protection from design through operation.

  • FM Intellium: Manage risk in a data-driven world

    FM Intellium translates decades of research and engineering expertise into guidance for modern power generation and data infrastructure.

  • FM Research Campus

    Our in-house scientists test real-world hazards and translate engineering insights into proven, science-backed guidance that keeps power generation operations running.

  • Recovery speed defines resilience

    For renewables and power assets, resilience is about recovery – not just protection. See how supply chains, grid ties, and logistics determine downtime and impact.

  • Power generation under pressure

    In this episode of Sound Policy, FM experts discuss key findings from FM’s power generation loss history report and what it takes to keep power systems running reliably.

Discover engineering-driven risk solutions

In the news

Stay informed with the latest trends and insights surrounding the power generation industry.

  • Featured Article

    The POWER Interview: Hardening Power Systems

    Power Magazine published a Q&A with FM’s Brian Palmer on best practices for making power generation and delivery more reliable and resilient in the face of increasing threats from extreme weather and natural disasters.

  • Featured Article

    Steam Turbine Failure Trends Uncovered

    In Modern Power Systems, FM’s Tom Hadfield breaks down key turbine failure trends – and how operators can reduce risk and improve reliability in today’s demanding market