Document / Publication
World Energy Council (WEC)
This report seeks to identify how much additional infrastructure investment will be required to address emerging technical and physical risks in the energy sector. The atuors call for a move from ‘Fail-Safe’ systems that only look at single assets to ‘Safe-Fail’ systems which take a systemic overview of the energy value chain and a more strategic approach to identifying vulnerabilities. This new approach is required for the management and financing of energy infrastructures as companies and governments seek to meet the challenges of increased extreme weather risks.
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