This presentation will show the output of a blackout risk model and how an actual microgrid design is modeled for insurance applications. We study equipment failure probability, benefits of different maintenance strategies and examine the risk reduction benefits of energy storage. The output from this model demonstrates the importance of designing a microgrid to the appropriate risk and how a technical insurer can be a valued, contributing part of a project development team.
David Tine, Hartford Steam Boiler Inspection & Insurance Co.