Risk management

Risk management is the identification, assessment, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities. Risk management’s objective is to assure uncertainty does not deflect the endeavor from the business goals.

Risks can come from various sources: e.g., uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters as well as deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Several risk management standards have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.

Latest News for: Energy risk manager

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Bridging the Facility Management Skills Gap for Real Estate Growth

This Day 25 Apr 2025
Professional certifications enhance credibility and career prospects by providing practical knowledge in areas such as energy management, risk mitigation, compliance, and technology integration ... higher energy efficiency ratings than those without specialized management....
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Accra to host global ESG reporting summit 2025

B & FT Online 25 Apr 2025
Held under the theme “Sustainable Growth ... Ing ... He said the summit will be structured around fifteen thematic tracks, including Climate Change and Environmental Sustainability, Green Finance and Energy Transition, Policy and Regulation for Sustainable Growth, and Governance and Risk Management ... Dr ... .......
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Top Trends in Sustainable Real Estate Development

The Signal 24 Apr 2025
Professional townhouse management services often implement these renewable energy solutions to help homeowners reduce costs and attract eco-conscious tenants ... AI-powered energy management systems. AI-powered energy management systems are changing how buildings use and save energy....
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Long-term U.S. tariffs could devastate Canada's energy sector, Deloitte warns

North Shore News 24 Apr 2025
... access to Indo-Pacific markets and demonstrates Canada’s capability to diversify exports away from the United States in the future…” the report states.  Short-term tariff impacts manageable, but long-term downturn risks ‘entire energy market’....
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TSLA Q1 Earnings Call: Management Attributes Miss to Factory Upgrades and Tariff Headwinds

The Call 23 Apr 2025
Management discussed ongoing efforts ... Tesla’s management projects that future growth will be driven by advances in autonomy, expansion of energy storage, and increased localization to manage cost and supply risks, while acknowledging continued macroeconomic and industry headwinds....
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London's IEA Summit April 24-25 addresses future of energy security, challenges

Kuna 22 Apr 2025
It will provide leaders and decision makers from around the world with an opportunity to review the trends shaping global energy security -- and reflect on the tools needed to address traditional and emerging energy security risks ... and manage energy disruptions and crises....
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Cruz, Zeldin: Roll back Biden-era regulations targeting oil and gas industry

Atlantic News Telegraph 18 Apr 2025
oil and natural gas industry, including regulations like a mandatory Greenhouse Gas Reporting Program the Biden administration implemented in the Clean Air Act that “imposed significant costs on the American energy supply;” wastewater regulations for oil and gas development; a Biden-Harris Risk Management Program rule that made U.S....
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Can Ambani, Adani help India become a nuclear energy superpower?

The Times of India 18 Apr 2025
The parliamentary committee on power has stressed the need for strict adherence to safety protocols, waste management and radiation protection to minimise risks.A task force within the Department of Atomic Energy is reviewing necessary changes to the Atomic Energy Act, including whether private entities can build and operate nuclear plants....
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Infosys to Acquire Leading Energy Consulting Company, MRE Consulting

Longview News-Journal 17 Apr 2025
Acquisition to strengthen energy and commodity trading and risk management (E/CTRM) capabilities for Infosys .......
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Choose a specialisation that you have deep interest in and pursue it with passion: IIM-Vizag Director

The Times of India 17 Apr 2025
Responding to the new talent needs that the industry is seeking, our management graduates are being offered specialised courses in such cutting areas as digital transformation, design thinking, entrepreneurial mindset, innovation management, green finance, behavioural finance, ......
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Researchers, lawmakers look to turn Wisconsin into the 'Silicon Valley' for nuclear energy

Milwaukee Journal Sentinel 16 Apr 2025
Nearby, a group of researchers studies charts of the energy being produced ... "That's where we spend a lot of time engaging with the community on educating the community as to what fusion is, what the risks are, and how we will manage those risks to ensure that when we have fusion technologies available to deploy energy, people want those solutions."....
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Capital Power Announces Strategic Acquisition of Two Flexible Generation Assets in PJM and a $500 Million Offering of Common Shares

Canoe 15 Apr 2025
Such material risks and uncertainties are ... See Risks and Risk Management in Capital Power’s Integrated Annual Report for the year ended December 31, 2024, prepared as of February 25, 2025, and other reports filed by Capital Power with Canadian securities regulators.Advertisement 21....
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Growing need for energy could slow a move to climate-friendly power sources, experts say

Azcentral 14 Apr 2025
The combination of rising demand, shrinking generation, and swinging renewable power has created what NERC has called an “urgent need for resources” to manage heightened risk of energy shortfalls around the country ... "high" risk of energy shortfalls over the next five to 10 years....

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