The Hydro Power sector is dominated by small schemes. With an estimated 3000+ existing and potential sites within the UK, we provide a high number of insurance solutions for the sector, and talk to many individuals, community groups and businesses regarding cover for proposed and existing schemes.
Power
Hydro Power Insurance for a greener world
Micro Hydro Power – Below 100kW (approximately enough to supply one/two houses)
Mini Hydro Power 100kW – 1mW (enough energy to power a small factory or off grid community)
Small Hydro Power – 1mw – 50mW (general supply power to the electricity distribution network)
We can arrange insurance cover and risk management support at any point during a project timeframe from conception to operational risks, however, the sooner we can provide valuable input into a project, the more beneficial it would be.
Please refer to the Project Risk Model section of this web site which gives an overview of the varied risks which should be considered. We can help with all the areas mentioned.
In simple terms, once operational, the insurance programme for a scheme will fall into three key areas; Assets, Income and Liabilities. There are specific issues which apply to Hydro Power schemes to which we pay close attention in order to secure the widest cover available:
- Many projects are in isolated or remote areas with access problems
- Mechanical Breakdown is a common feature
- Mudslides can cause problems from time to time
- Flooding from various causes
We seek to create a close working partnership with our clients and the technical staff of the selected insurer to overcome these problems.
The typical schemes that we are actively working on include:
- New community projects funded locally or regionally aimed at providing District Power
- Schemes on streams and rivers across the UK
- Renovation of water mills
- Upgrade of existing or redundant turbines on former hydro power sites
Find out how we can help provide you with the right insurance
Schedule a Conversation
We will learn more about your business, talk about your options, and do it in language you understand.
Develop A Strategy
We will provide an interim report and recommendations that work best for your unique needs
Get Covered & Protected
You get the right cover and advice for your needs so you can carry on with running your business
