Gas Turbines in the Modern Power Industry

Despite all the benefits provided by the use of gas turbines and the increasing normalization of this leading edge technology achieved through numerous technical developments, the machinery breakdown exposure and ensuing business interruption impact are still causing significant concerns to both electricity generators and underwriters. This report helps in understanding the current critical underwriting issues relating to the use of gas turbines. It introduces the gas turbine and its development, an overview of some of the critical problems associated with the use of these machines, and related insurance issues.

Provided by: Willis Group Holdings Topic: Date Added: Dec 2002 Format: PDF

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