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Over 30GWH of BESS site capacity was submitted for planning application in the UK during 2024, adding to the existing 8GWh of capacity already online. However, planning approval requirements and safety standards may vary considerably by jurisdiction — both internationally and domestically. This can create deviation between projects as a result; potentially inviting risk.

How the insurance industry enforces BESS safety standards

Lockton Associates from the Energy & Power team had the opportunity to brief John Milne MP ahead of a parliamentary debate held in the House of Commons, on 5 June 2025. Discussions focussed on safety regulations for battery energy storage systems (BESS), and t ...

Payment considerations following ransomware attacks

Both the frequency and sophistication of ransomware attacks are rising. Affected businesses can be tempted to authorise requested ransom payments to renormalise operations as fast as possible. However, this is not a decision any company should hastily take without thorough consideration and due diligence.

Both the frequency and sophistication of ransomware attacks are rising. Affected businesses can be tempted to authorise requested ransom payments to renormalise operations as fast as possible. However, this is not a decision any company should hastily take without thorough consideration and due diligence.

Why risk needs to be part of your renewable project narrative

As part of a global push towards a decarbonised grid, renewable project developers and investors are navigating increasingly complex risks, often beyond what standard project planning and contractual counterparty negotiations can manage. Proactive risk framing and insurance partnership strategies can help project developers and investors to better manage uncertainty and make their assets more bankable and tradable.

As part of a global push towards a decarbonised grid, renewable project developers and investors are navigating increasingly complex risks, often beyond what standard project planning and contractual counterparty negotiations can manage. Proactive risk framing and insurance partnership strategies can help project developers and investors to better manage uncertainty and make their assets more bankable and tradable.

Lockton supports IUAD in raising £10 million for Alzheimer’s Society

Last week, Lockton joined other supporters of Insurance United against Dementia (IUAD) to celebrate raising £10 million for Alzheimer’s Society.

Last week, Lockton joined other supporters of Insurance United against Dementia (IUAD) to celebrate raising £10 million for Alzheimer’s Society.

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