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As the global economy transitions to cleaner sources of energy, power companies are likely to face new challenges and risks, according to the 2021 Power Market Review by Willis Towers Watson (WTW).
Some of the risks include the need for power companies to reduce their greenhouse gas emissions (also known as climate change mitigation), as well as ensuring the resilience of their assets and operations to the impacts of climate change (or climate change adaptation).
Read the full article: Insurance Business NZ