Insurance Programs in the Renewable Energy Sources Projects

Nadezda Kirillova, Ryszard Pukala and Marietta Janowicz-Lomott
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Nadezda Kirillova: Insurance and Social Economics Department of the Financial Faculty, Financial University under the Government of the Russian Federation, 121000 Moscow, Russia
Ryszard Pukala: Institute of Economics and Management, Bronislaw Markiewicz State University of Technology and Economics, 37500 Jaroslaw, Poland
Marietta Janowicz-Lomott: Risk and Insurance Department, SGH Warsaw School of Economics, 02554 Warsaw, Poland

Energies, 2021, vol. 14, issue 20, 1-12

Abstract: The development of projects using renewable energy sources (RES) necessitates the development of insurance programs and systems. This involves identifying and assessing the risks of renewable energy projects in the transition to new types of energy, determining typical corporate and specific risks, the need and content of the main types, forms of insurance contracts, assessing the financial condition, and choosing insurance organizations and reinsurance programs. This article focuses on the formation of such insurance programs, their interaction with industrial safety systems and ensuring corporate participation in achieving sustainable development goals; as well as selection and assessment of the insurer financial stability and the insurance RES programs economic efficiency.

Keywords: insurance programs; renewable energy sources; formation of insurance RES programs; selection and assessment of the insurer financial stability (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2021
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