Tag: energy risk

Closed cooling water system risk management

July 14, 2023

Let’s discuss the importance of water treatment in closed cooling water systems in power and petrochemical plants. Water treatment plays a vital role in closed cooling water systems within power and petrochemical plants. These systems are designed to remove heat generated during various processes and maintain equipment temperature within optimal ranges. Closed cooling water systems … More Closed cooling water system risk management

Maintaining critical spare parts while in storage.

July 14, 2023

Let’s discuss a critical spare part maintenance program for power and petrochemical plants. Discuss evaluation of each spares impact on potential business interruption reduction. Discuss proper inspection, maintenance and testing for large replacement parts like motors, pumps and compressors while in storage. A critical spare part maintenance program is crucial for power and petrochemical plants … More Maintaining critical spare parts while in storage.

Dust in the wind….

July 13, 2023

What are the risks associated with dust accumulation in ventilation systems in wind turbines or dust on the internal electrical equipment in the nacelles. What are the risks of dust on the brakes and gearboxes? How can these risks and any other risks like these be addressed? Dust accumulation in ventilation systems, internal electrical equipment, … More Dust in the wind….

Employment Issues in the Energy Industry

July 13, 2023

Let’s discuss employment issues related to power or petrochemical plants. Let’s discuss recruitment of young employees into the petrochemical industry or non-renewable power industry. Also discuss the exodus of experienced talent leaving the energy industry. The petrochemical industry and non-renewable power industry face several employment challenges, including recruiting young employees and experiencing an exodus of … More Employment Issues in the Energy Industry

Hydrogen Embrittlement & Steam Boilers

July 12, 2023

Let’s discuss hydrogen embrittlement in steam boilers. Hydrogen embrittlement in steam boilers is a phenomenon that can occur when hydrogen atoms diffuse into the metal structure of the boiler, leading to a loss of mechanical strength and potential failure. It is a significant concern in industries where high-pressure steam boilers are used, such as power … More Hydrogen Embrittlement & Steam Boilers

What drives energy insurance markets?

July 11, 2023

Let’s discuss macro and micro factors that drive the US and London Energy Insurance markets. Energy insurance markets, both in the United States and London, are influenced by a range of macro and micro factors. These factors can impact the supply and demand dynamics, underwriting practices, premium rates, and overall market conditions. Let’s discuss some … More What drives energy insurance markets?

How can refinery fire prevention programs fail?

July 11, 2023

Let’s discuss pitfalls for a fire prevention program in a refinery. Implementing a fire prevention program in a refinery is crucial for maintaining the safety of personnel, equipment, and the environment. However, there are several potential pitfalls that should be considered to ensure the program’s effectiveness. Here are some common pitfalls to be aware of: … More How can refinery fire prevention programs fail?

Cable Risks in Power Plants

July 11, 2023

Let’s discuss power cable failure modes and how to manage cable risks in power plants. Power cable failure modes can occur due to various factors such as mechanical stress, electrical faults, environmental conditions, manufacturing defects, and aging. Managing cable risks in power plants requires a comprehensive approach that includes proper cable selection, installation, maintenance, and … More Cable Risks in Power Plants