Energy Risk Engineering

This Podcast from the "Energy Risk Engineering Lessons" YouTube channel provides an overview of the different types of energy risk engineers. The speaker discusses  corporate risk engineers  who work for companies,  insurance company risk engineers  who assess risk for insurance purposes,  broker engineers  who represent clients to insurance companies, and  third-party risk engineers  who are inde...

This YouTube Podcast is a comprehensive overview of battery energy storage systems (BESS) for risk engineers. The Podcast discusses what BESS are, their importance in balancing the grid and providing backup power, their components (including batteries, battery management systems, and power conversion systems), and their applications in residential, commercial, and industrial settings. Additionally...

This Podcast, titled "Unconfined Vapor Cloud Explosions," describes the dangers of unconfined vapor cloud explosions (UVCEs) in the energy industry. The article focuses on the risks associated with UVCEs and provides a comprehensive explanation of the phenomenon. The author addresses the importance of understanding UVCEs as it pertains to the risk of explosions caused by these unconfined vapor clo...

The video "Risk Based Fire Barrier Analysis - How to decide to build" discusses the use of firewalls in energy facilities, specifically focusing on the challenges and benefits of implementing them. The speaker, an engineer, addresses common issues with traditional firewall designs, like cost, wind load resistance, and airflow limitations, and outlines more modern solutions like Dura Steel and pre-...

The Podcast explains the  abiogenic oil hypothesis , which argues that oil and natural gas formed  inorganically  rather than from the decomposition of ancient plants and animals. This hypothesis suggests that oil and natural gas were formed under high temperatures and pressures deep within the Earth's crust, potentially from  volcanic activity  or  geothermal heat . The article discusses several...

The YouTube video "Advanced Gas Turbine Risks for Beginners Part 1 with no help from ChatGPT" by "Energy Risk Engineering Lessons" provides an introduction to the risks associated with advanced gas turbines for beginners in the energy and insurance industries. It begins by explaining the basic operation of a gas turbine and introduces terms such as "combustion turbine" and "aeroderivative." The vi...

This podcast contrasts  prescriptive standards  and  risk-based equipment protection  as approaches to ensuring safety in industrial settings.  Prescriptive standards  offer specific guidelines and requirements, while  risk-based equipment protection  focuses on identifying and addressing hazards based on their likelihood and potential consequences.  Risk-based  assessments involve conducting comp...

The podcast discusses the different career paths available to risk engineers in the energy industry. The text explains the advantages and disadvantages of working in a corporate risk management department, a large insurance broker, and as an underwriter for an insurer. It highlights key considerations such as industry knowledge, market access, client relationships, financial stability, and the use...

"Advancements in Mechanical Integrity for Chemical Manufacturing: Enhancing Safety and Reliability" from Energy Risk Engineering Insights discusses the use of advanced mechanical integrity (MI) techniques in chemical manufacturing to improve safety and reliability. The article highlights several key advancements, including the use of advanced non-destructive testing (NDT) techniques, eddy current...

This podcast focuses on the importance of door fan enclosure integrity inspections for clean agent systems, which are designed to suppress fires in critical environments. The document explains the purpose of these inspections, which is to ensure the integrity of the enclosure surrounding the protected area, and outlines five key aspects to consider during these inspections: enclosure assessment, c...

This podcast, "Refinery Fire Prevention Pitfalls," explores common mistakes in the implementation of fire prevention programs within refineries. It highlights five key areas where these programs often fail: inadequate risk assessment, neglecting regular maintenance, poor housekeeping practices, insufficient fire suppression systems, and ignoring regulatory compliance. The article stresses the impo...

This podcast discusses the importance of risk engineers in the finance department of energy companies, especially in the LNG and LPG industry. Risk engineers act as a bridge between technical operations and financial teams, helping to assess the cost of risks and the effectiveness of mitigation strategies. The document emphasizes the need for proactive risk management, including the implementation...