The Second Energy Upheaval
We are in a second energy upheaval! The first occurred when the maritime sector changed, simultaneously, from sail to steam and wood to iron. The London market in the form of Lloyds responded to this. Today, we aim to achieve ‘Net Zero’ with a very different set of technologies, yet insurance and investment market-needs and human nature remain very much the same. There is no less need for thorough understanding of endeavor in order to classify and therefore price the patterns of risk, but, today, operation is far removed from the commercial instruments that makes it possible, and few in the insurance, indemnifying and investment markets have practical, in-depth knowledge of the people involved and their practices. How to tackle this?
A Collaborative, Digital Response
The D’Arcy Thompson Simulator Centre as a provider of sustainability assurance, the London City Branch of the SUT as a learned society, Beazley as underwriters, the Waves Group as warranty surveyors working in maritime and oil and gas, and iQ3Connect, provider of a web-based, immersive collaboration platform, are holding an event at Lloyds Lab to explore how A CANVAS (Abstraction, Calculation, Analysis, modelliNg, Visualization, Animation and Simulation) can help ensure that test design is complete, and residual risk adequately identified.
Focus of Practical Workshop
Two, short presentations covering electricity generation scenarios and ESG will be followed by a hands-on exercise using collaborative VR, followed by examples of where Visualization and Simulation have informed academic research, operations and spatial planning.
Who should attend?
Underwriters, P&I Clubs, Sustainable, Responsible Impact+ Investors+, Brokers, Lawyers, Technology Providers, Operators and Owners. Members of the Society for Underwater Technology (SUT) and Members and Associates of the International Salvage Union (ISU)
Please note: Pre-registration is required. Please bring photo ID for entry to the Lloyds of London building. Entry will not be granted without both.