Annual Meetings-Renewable Energy: Transit and Builders Risk Exposures

Pdf Summary

The document discusses wind power within the United States, emphasizing its growth and positive impact on the energy sector. It covers various aspects such as the overview of wind power, US wind power capacity by state, industry outlook for 2014, transportation of wind turbine components, and the wind farm installation process. The presentation highlights the increasing investment in wind energy, reduced costs, improved efficiency, and the expansion of wind power capacity to benefit millions of homes. Additionally, it mentions advancements in technology driving down costs and increased focus on onshore and offshore projects across several states.<br /><br />Furthermore, the document delves into the transportation challenges associated with moving large wind turbine components, including permit requirements, route surveys, and oversize load terms. It addresses common questions about transportation logistics and provides insights into the complexities of moving such cargo. The text also includes information on industry issues like driver safety, increasing restrictions, education, and pricing, as well as a comparison of out-of-service and safety scores for different carriers.<br /><br />Overall, the document aims to provide a comprehensive overview of the wind power industry in the US, including its current status, future projections, challenges, and transportation considerations in the context of renewable energy development. The focus is on the growth of wind energy, its benefits, and the logistical aspects associated with transporting and installing wind turbine components.

Asset Caption

Presented by:
John, Davison, Corporate Renewable Energy Underwriting Director, The Hartford, and David Ferebee, Vice President/Sales and Make ting, Lone Star Transportation

Keywords

Wind power

United States

Energy sector

Wind power capacity

Industry outlook

Transportation of wind turbine components

Wind farm installation process

Investment in wind energy

Technology advancements

Renewable energy development