Power and utility companies now need to address new business risks, such as:

• Carbon emission trading scheme
• Contractual liability associated with outsourcing 
• Failure to supply - electricity, gas and water
• Climate change - carbon trading/carbon pollution reduction
• Unauthorised trading
• The pressure to maintain market share and client base
• Forced and unforced outages

Traditional risks for power and utility companies remain just as relevant and also need to be addressed. These include:

• Public/products liability
• Injury suffered by third parties (including financial loss)
• Bushfire liability (for specific industry participants)
• Machinery breakdown including business interruption. This is now a major exposure for corporatised and privatised generators - Claims ranging from $20 million to $50 million now occur more frequently

Marsh works with a large number of power and utility companies to manage risks and can provide:

• Business continuity/crisis & emergency management
• Risk profiling/mapping
• The conduct of HAZOP studies
• The completion of fault tree on critical risks
• Detailed fire protection advice
• Maximum foreseeable loss studies (including the impact of bush fires)
• Environmental risk evaluation and funding mechanisms
• Weather products (protect revenue stream)
• Employee benefits consulting and insurance