Power and Utilities

The International Energy Agency predicted that a total of 5,890 GW of additional power capacity would be required between 2012 and 2035. This need for ever-increasing sources of power on a global level continues to create ongoing opportunities for the construction of new plants and facilities. At the same time, competition is driving manufacturers to constantly develop new technology, presenting unknown challenges to contractors, risk managers, investors, and insurers. Marsh’s power specialists maintain an up-to-date knowledge of such developments through regular contact with clients, manufacturers, and sector insurers.