Managing Marine Energy Risks for Project Success

Research output: NLRPresentation

Abstract

This presentation reviews recommended practices for marine energy risk management based on NLR's recent risk management framework publication (https://www.nrel.gov/docs/fy24osti/90212.pdf). This presentation will include a demonstration of risk management processes and techniques that everyone in the marine energy industry can use to successfully meet their project objectives. This presentation will include a description of methods to identify and manage risks that are specific to marine energy, while demonstrating this through tools such as risk registers, failure modes effects and criticality analysis (FMECA), and more tools that are currently being developed. The goal of this presentation is for the participants to have knowledge and access to tools to help them manage the risks specific to their marine energy projects.
Original languageAmerican English
Number of pages67
DOIs
StatePublished - 2025

Publication series

NamePresented at the UMERC Annual and Ocean Renewable Energy Conference, 12-14 August 2025, Corvallis, Oregon

NLR Publication Number

  • NLR/PR-5000-95769

Keywords

  • failure modes effects and criticality analysis
  • FMECA
  • marine energy
  • risk management
  • risk register

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