Risk Engineering Track
Electrical distribution and transmission substations have been operating for long periods of time and form a critical link between generation plants and consumers. Failure of equipment in substation can have devastating impact on utilities and consumers alike. As equipment in these substations are ageing, the risk of failure is increasing and with it the exposure to large losses. This webinar looks at the how the risk of failure of ageing equipment can be assessed and how it should be managed by utilities, insurers and reinsurers.
This webinar looks at the aftermath of such disasters, and the necessary considerations when repairing and reinstating substations.