PV electrofinance: A proposed product for insurers in a deregulated electric market
- Resource Type
- Conference
- Authors
- Source
- Conference: SOLAR 99, Portland, ME (US), 06/12/1999--06/16/1999; Other Information: PBD: 1999; Other Information: In: Solar 99 conference: Proceedings of ASES annual conference -- Proceedings of 24th national passive solar conference, by Campbell-Howe, R.; Wilkins-Crowder, B. [eds.], 779 pages.
- Subject
- 14 SOLAR ENERGY
29 ENERGY PLANNING, POLICY AND ECONOMY ELECTRIC POWER INDUSTRY
DEREGULATION
PHOTOVOLTAIC POWER SUPPLIES
INSURANCE
FINANCING
FINANCIAL SECURITY
- Language
- English
The thesis that global climate change could disrupt world-wide weather patterns is not new but the potential losses it represents have drawn attention from the financial community--particularly property-casualty insurers who are subject to large damage claims if climate change occurs. With the deregulation of the electricity sector, the specter of climate change can be transformed from a threat into an exciting opportunity for insurers, bankers and other financiers who have the need, foresight and capacity to invest in energy conservation and photovoltaics as mitigation strategies.