Extreme Weather Means Energy Cos. Need New Risk Tools

Law360 (April 7, 2021, 5:33 PM EDT) -- The cold weather event that affected Texas in February has underlined the disruptive influence of environmental stressors, and the related risk of infrastructure failures and loss of operations and production.

These forces influence several aspects of facility operations, including structural, mechanical, electrical and process. The recent events in Texas are a reminder of the importance of preparedness for a wide range of potentially devastating cold- and warm-weather events.

Extreme weather events also highlight the potential legal exposure associated with facilities and infrastructure. Multiple lawsuits have already been filed in connection to the Texas events — from numerous water damage and business...

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