Construction and operational protection for power assets

Renewable Energy

Insurance for renewable energy construction and operation, including equipment breakdown, BI and DSU.

Construction and operational protection for power assets

Renewable energy projects combine construction, technology, weather, grid and long-term revenue dependencies. Kompetenz builds continuity between project and operational policies so that handover does not create hidden gaps.

Practical focus

During construction, delay in start-up (DSU) should reflect the revenue impact of insured project damage. In operation, machinery breakdown and business interruption need to follow the generation model, seasonal profile, spare-parts strategy and grid connection.

What the programme should address

Construction

Material damage, testing, transit and third-party liability.

Operational assets

Property damage to generation, storage and balance-of-plant.

Breakdown

Electrical or mechanical failure and specialist repair costs.

BI and DSU

Lost revenue after insured damage in operation or project delay.

Natural hazards

Wind, flood, hail, wildfire and accumulation across locations.

Kompetenz priority map

Equipment reliability

88%

Natural hazards

84%

Revenue model

91%

Grid dependency

79%

Illustrative prioritisation used to organise the placement discussion; not market statistics.

How Kompetenz structures the solution

Profile technology

Review design, suppliers, warranties and operating data.

Model revenue

Align DSU and BI values with generation and contractual income.

Test dependencies

Assess grid, transformer, access and critical spare scenarios.

Join policy phases

Coordinate construction, testing, handover and operations.

Questions to resolve before placement

Does DSU reflect the realistic critical path after damage?
Are serial defects and warranty interfaces understood?
How are seasonal generation and price assumptions treated?
Is the grid connection a critical single point of failure?

Build a decision-ready insurance brief

Kompetenz Insurance Broker can review the exposure, test programme assumptions, negotiate wording and limits, and establish a practical claims route before the policy is placed.

Services