Onshore Energy Conference London 2022


Tuesday 1st November 2022
etc.venues, 155 Bishopsgate

 

“Energy Insurance – keeping up with the industry”

There are dramatic and fundamental changes developing within global energy.

OEC 2022 seeks to explore these changes and provide a platform for the various parts of the energy insurance market to keep up with those changes and consider how they affect the various services provided to their power and oil and petrochemical clients.

Many of the subjects in the agenda have a strong technical basis that will allow delegates to gain helpful information to assess the real changes that are occurring. The relevant and varied agenda presents a variety of subjects for delegates to choose from as well as time to network and meet new business contacts.

OEC remains the market leading non-aligned insurance conference for the power and oil and petrochemical industries.

Agenda

08:00

Breakfast Briefings

 

Hydrogen as a fuel for gas turbine engines
An introduction to the continued relevance of gas turbines as part of the energy transition, as well as the potential risks associated with their continued operation and actions that can be taken to minimise those risks.

Simon Batt
Associate, Hawkins

 

What lessons can the renewable wind industry learn from the sub-sea cable experience of the oil and gas industry
A look at how lessons learned in the oil & gas industry can be utilised in minimising and mitigating risks in the Renewable Wind sector, ranging from cable designs and quality controls principles to construction and installation limitations.

Szen Ong
Engineering Adjuster, Integra Technical Services Ltd.

 

Political backdrop to energy in the UK and USA

David Abbott
Global Head of London Market, DWF

James Nicholls
Partner, DWF

 

The changing face of risks and claims as energy companies diversify
AIRMIC private session by invitation only

Sponsored by
Herbert Smith Freehills

 

09:00

Conference introduction

Richard Foulger
Head of Claims, AEGIS London

 

09:10

Achieving Net Zero - the role of technology

Myles Allen
Professor of Geosystem Science, University of Oxford

 

09:40

What does it really mean to follow an ESG / net zero target and how can insurance support these aspirations?

Panel Discussion

Luis Prato (Moderator)
Chief Underwriting Officer, AXA XL UK

Michael Gosselin
Chief Underwriting Officer – Speciality, Liberty Speciality Markets

Richard Dudley
Global Head of Climate Strategy, Aon

Myles Allen
Professor of Geosystem Science, University of Oxford

 
 

10:20

How can small modular nuclear reactors help to combat climate change?
To limit the impacts of climate change, the world must rapidly reduce its dependency on fossil fuels to reduce greenhouse gas emissions. Nuclear energy is low-carbon and can be deployed on a large scale at the timescale required, supplying the world with a clean, reliable heat source for power generation and process heat.

Simon Wilcock
Senior Underwriter, Nuclear Risk Insurers (NRI)

 

10:50

Engineering our way out of risk: yesterday, today and shaping tomorrow

  • The role of online and desktop hazard assessments as an enabler for the renewable energy space.
  • The use of data and modelling to better benchmark, analyse risks, and build resilience in a sector on the frontier of climactic events.
  • The rise of self audits, use of drones and client autonomy.
  • The internet of things and Blockchain technology for validation, payments and claims through secure ledger chains.
  • Engineers and scientists of the future (mechanical, climate, robotics, drone, modellers etc.)

Dr. Funké Adeosun
Global Head of Renewable Energy Consulting, Energy & Power Speciality Team, Marsh, London

 

11:15

Networking Break sponsored by Naudet

 

11:45

Masterclasses

 

How is inflation affecting the power sector

Lee Swain
Partner, MDD Forensic Accountants

Mark Williamson
Managing Director - Construction, Envista Forensics

 

Market volatility and inflation – impact on downstream assets

Jean Martin
Managing Director, InSite Technical Services

 

How is inflation affecting the renewable industry

George Pooley
Director, Head of Renewables, GRS International

David Dimelow
Senior Vice President, Thornton Tomasetti

 

12:35

Lunch

 

12:55

Lunchtime “TED Talk”: Turbine Blade Failure
“The Wind Farm Prudent Operator Mindset – seen from a Blade Risk point of view”

  • Understanding Client blade risk and mitigation strategies
  • Challenge potential clients to become prudent operators
  • Improve renewable industry risk profile for a sustainable future through a proactive approach to asset management
  • Anders Røpke
    CEO, Wind Power LAB

     

    13:15

    Lunchtime “TED Talk”: Severe Weather (Hail) Risks for Solar Energy in Continental United States (CONUS)
    The wind with the occurrence of significant solar hail losses like Midway Solar in May 2019 (at the time, the industry’s largest single-project weather-related loss in its history), along with notable events in 2021, and 2022, hail damage to solar power sites in Texas is a topic on many Insured’s and Insurer’s mind. Specifically, what are the potential risks to existing and developing sites? How are risks being addressed by current technology? And, if an event occurs how to evaluate the impacts? The aim of this presentation is to provide additional insight into this topic through the following:

  • Historical Weather Outlook Data
  • Relevance to Current Solar Projects
  • Relevance to Solar Technology
  • Hail Evaluation Best Practices
  • Timothy Dowden
    Senior Vice President, JS Held

     

    13:45

    Masterclasses

     

    New technology power sector

    As renewable power becomes integrated into the mainstream, various sources project that at least 50% of the worldwide energy mix will come from renewables in 2050. That means that up to half of our energy needs in 2050 will still be provided by conventional, fossil based, power. In this session, we will explore how new technology in conventional power will play its part in the path to decarbonisation. We will explore which emerging technologies will address the challenges facing the power sector, the associated risks, limiting factors and how these could impact the insurance industry.

    Guillermo Lopez
    District Manager, Capital Consulting International (CCi)

    Paul Markham
    Power/Energy Risk Engineer, PM Risk Consultants Ltd

    Nick Hide
    Global Power Practice Leader, Sedgwick

    Marcus Scholz
    Technical Director, Advanced Combined Cycles, General Electric International Inc.

     

    Refinery considerations for maximising crude oil to chemicals production

    Hugh Kennaway
    Managing Director, MatthewsDaniel

    Andrea di Lena
    Chief Innovation and Strategy Officer, MatthewsDaniel

     

    Battery Energy Storage Solutions – Plugging the gap.

    BESS: the concept, the technology, the risks, and the future

    Chris Brown
    Managing Director, Natural Resources – Green Energy, Charles Taylor Adjusting

    Nigel Ward
    Technical Lead- Construction, Power/Renewables, Engineering and Cyber, Aviva

     

    14:35

    Masterclasses

     

    ‘Turn the lights off’ - Rising energy prices and increased losses: to what extent do policies have their own energy price cap?

    Tom Stapleton
    Partner, Kennedys

    Giuseppe Picanza
    Senior Associate, Kennedys

     

    Business interruption in the gas midstream sector … are we dealing with new issues?

    Paul Bates
    Director, Lloyd Warwick International

     

    New technologies, new wordings – Are renewables wordings keeping pace?
    Discussion of some of the challenges facing the onshore renewables market, including series loss, inflation and obsolete technology, and how new wordings are looking to address these issues.

    Paul Lowrie
    Partner, Clyde & Co

     

    15:25

    Networking Break sponsored by Forte Consulting and Investigations

     

    15:45

    How will downstream facilities transition from oil and gas machines to low carbon fuel manufacturing hubs?

    Following the Covid pandemic and Russian invasion of Ukraine, participants of the oil and gas supply chain are accelerating their energy transition / net zero plans. As demand on conventional fuels / products decreases, greenfield refinery / petrochemical investment becomes less attractive, and investment is likely to be targeted at developing greener facilities of the future – advanced bio-fuels, electrolysis and integration into CCUS systems. This session discusses some of the new technologies that will incorporated into existing facilities, and visualises the low carbon downstream industry of the future.

    Adam Beardmore
    Risk Engineer, Aon

     

    16:00

    The decarbonisation story

    GE has invested significant resources to allow for accelerated and strategic deployment of renewables and gas power. This combination can change the near-term trajectory for climate change and deliver a path to substantive reductions in CO2 emissions quickly. With a focus on gas power, this presentation provides latest updates on gas turbine technology advances and examples of Gas Turbines burning high hydrogen fuels, as well as ongoing projects that employ carbon capture technologies.

    Marcus Scholz
    Technical Director, Advanced Combined Cycles, General Electric International Inc.

     

    16:15

    Panel Discussion

    Steven Whiddett (Moderator)
    Executive Director, Commercial Risk Solutions, Aon

    Adam Beardmore
    Risk Engineer, Aon

    Marcus Scholz
    Technical Director, Advanced Combined Cycles, General Electric International Inc.

     

    16:35

    Apple Watch Draw

    Joseph Bond
    Managing Director, Kenzie Group

     

    16:40

    A Multi-Polar World within a Bi-Polar Future

    Tim Marshall
    Journalist, Author, and Broadcaster

     

    17:25

    Closing Remarks

     

    17:30

    Post event drinks sponsored by Halliwell Engineering

     

    19:00

    End

    Meet our speakers

    With thanks to our sponsors:

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    AIRMIC Private Session Sponsor

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    Lunchtime “TED Talk” Sponsor

    Lunchtime “TED Talk” Sponsor

    Evening Cocktail Reception Sponsor

    New to the Industry Sponsor

    Conference Badge Sponsor

    Morning Coffee Break Sponsor

    Afternoon Coffee Break Sponsor

    Event Photography Sponsor

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    Venue

    etc Venues, 155 Bishopsgate

    155 Bishopsgate, London, EC2M 3YD

    Website

    Phone
    020 3735 4400