Earthquake

Floating Power Plant Market to Garner $27.9 Billion, Globally, By 2032 at 10.5% CAGR, Says Allied Market Research

Retrieved on: 
Monday, January 22, 2024
Farm, Pond, Wind, Flood, City, Electricity, Earthquake, Table, Water resources, Fossil, Urbanization, COVID-19, Transport, River, Plant, PDF, Renewable energy

PORTLAND, Ore., Jan. 22, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Floating Power Plant Market By Type of Power Source (Renewable Power Source and Non-Renewable Power Source), Capacity (1–5 MW, 5.1–20 MW, 20.1–100 MW, 100.1–250 MW, and Above 250 MW), Deployment (Ship, Barges, Modular Raft, and Others), and Application (Manmade Water Bodies and Natural Water Bodies): Global Opportunity Analysis And Industry Forecast, 2023-2032". According to the report, the global floating power plant industry generated $10.3 Billion in 2022, and is anticipated to generate $27.9 Billion by 2032, witnessing a CAGR of 10.5% from 2023 to 2032.

Key Points: 
  • Financing challenges and the need for additional due diligence hindered the progress of floating power plant projects.
  • Operational Challenges: Operational challenges, including workforce shortages, travel restrictions, and safety protocols, impacted the maintenance and operation of existing floating power plants.
  • This shift in demand, coupled with fluctuations in energy prices, influenced investment decisions in the energy sector, including floating power plants.
  • This influenced the allocation of funds, incentives, and regulatory support for renewable energy projects, including floating power plants.

Drones in Disaster Relief Growth Analysis Report 2024: Focus on Use Cases in Disaster Relief Australia (DRA) and Notre Dame Cathedral - Paris, France

Retrieved on: 
Thursday, January 18, 2024
UAV, Earthquake, Fire, Disaster, Emergency

DUBLIN, Jan. 18, 2024 /PRNewswire/ --The "Growth Opportunities for Drones in Disaster Relief" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 18, 2024 /PRNewswire/ --The "Growth Opportunities for Drones in Disaster Relief" report has been added to ResearchAndMarkets.com's offering.
  • These critical events have prompted drone vendors to accelerate the development of new technologies that can help mitigate disastrous situations.
  • Hurricanes, earthquakes, fires, hostage situations, collapsed buildings, and diving missions are among the emergencies that security teams face today.
  • Looking ahead, incorporating unmanned aircraft vehicle (UAV) technologies into security systems will prove crucial to disaster relief investigations without risking human lives.

YOSHIKI Auctions Beloved Crystal Piano to Support Victims of Japan Earthquake, Raising 40 Million Yen

Retrieved on: 
Tuesday, January 16, 2024
Hurricane Harvey, LOS, YOSHIKI, Great, Government, Grauman's Chinese Theatre, Food, Person, Earthquake, Amazon, International, Global Health, Medicine, Rainforest Trust, Disaster, MusiCares, IOM, International Organization (journal), History, Pharmaceutical industry

LOS ANGELES, Jan. 16, 2024 /PRNewswire/ -- International superstar YOSHIKI auctioned his beloved crystal piano this week, with the winning bid reaching 40 million yen (over $270,000 USD) when the 4-day auction ended on January 16.

Key Points: 
  • LOS ANGELES, Jan. 16, 2024 /PRNewswire/ -- International superstar YOSHIKI auctioned his beloved crystal piano this week, with the winning bid reaching 40 million yen (over $270,000 USD) when the 4-day auction ended on January 16.
  • YOSHIKI also donated 10 million yen earlier this month to the Japanese Red Cross to aid disaster relief through his 501(c)(3) non-profit organization Yoshiki Foundation America.
  • Immediately after the disaster, he donated a total of more than 13 million yen, including the proceeds from the auction of his crystal piano.
  • YOSHIKI is internationally recognized for his long-term philanthropic activities and has donated over 2 million dollars to charity through Yoshiki Foundation America.

AM Best Affirms Credit Ratings of Société Centrale de Réassurance

Retrieved on: 
Friday, January 12, 2024
Insurance, Professional Services, CDG, Credit, Kingdom, SCR, ALL, Earthquake, Good, ERM, News, AM Best

AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Société Centrale de Réassurance (SCR) (Morocco).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Société Centrale de Réassurance (SCR) (Morocco).
  • The outlook of these Credit Ratings (ratings) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

San Jose Water Files General Rate Case Application Focused on Infrastructure Upgrades and Water System Safety and Resiliency

Retrieved on: 
Tuesday, January 9, 2024
Other Natural Resources, Environment, Utilities, Environmental Health, Energy, Natural Resources, CPUC, PFAS, Wildfire, Drinking water, SJW, Social, Water, Earthquake, Water supply, Public expenditure, Public, GRC, Carbon, Information technology, Public utilities commission, SJW Group, Workforce, Regulatory affairs, Solar energy, Renewable energy

The application proposes a 3-year $540 million capital investment program to ensure a resilient water system for SJW customers and its local communities.

Key Points: 
  • The application proposes a 3-year $540 million capital investment program to ensure a resilient water system for SJW customers and its local communities.
  • SJW provides water service to approximately one million people in the greater San Jose metropolitan area.
  • The company has served customers since 1866, and its infrastructure requires continuous replacement before it reaches the end of its service life.
  • Since 2005, San Jose Water has invested more than $1.6 billion to upgrade water infrastructure — ensuring the continued delivery of high-quality and reliable water service.

Verisk Estimates Industry Insured Losses for the Noto Peninsula Earthquake to Range from JPY 260 Billion to JPY 480 Billion (USD 1.8 Billion to 3.3 Billion)

Retrieved on: 
Tuesday, January 9, 2024
Noto, USD, JPY, Extreme, VRSK, Earthquake, M6, USGS, Seismicity, Tunnel

Japan is a seismically active region with most earthquakes occurring off the east coast, where the Pacific plate subducts beneath Japan.

Key Points: 
  • Japan is a seismically active region with most earthquakes occurring off the east coast, where the Pacific plate subducts beneath Japan.
  • This earthquake occurred on the west coast of Japan, where crustal deformation created by the broader plate motions is accommodated in shallow faults.
  • The Noto Peninsula earthquake caused damage across an extensive area around and south of the epicenter.
  • In the areas impacted by 2024 Noto Peninsula earthquake, seismic code requirements are higher than those in the southern part of Japan.

Severe Weather in 2023 Caused Over $3.1 Billion in Insured Damage

Retrieved on: 
Monday, January 8, 2024
Climate change, Earthquake, Risk, Wildfire, IBC, Disaster, Federation, NWT, Insurance, Weather, Federal budget

TORONTO, Jan. 8, 2024 /CNW/ - For the second year in a row, Canada exceeded $3 billion in insured damage from natural catastrophes and severe weather events.

Key Points: 
  • TORONTO, Jan. 8, 2024 /CNW/ - For the second year in a row, Canada exceeded $3 billion in insured damage from natural catastrophes and severe weather events.
  • Nationally, insured damage for severe weather events reached over $3.1 billion in 2023, according to Catastrophe Indices and Quantification Inc. (CatIQ).
  • In fact, 2023 is now the fourth-worst year for insured losses in Canada.
  • While 2023 was a record-breaking year for wildfires, flooding also continued to cause destruction in nearly every region across Canada.

YOSHIKI donates 10 million yen to the Japanese Red Cross Society to support areas affected by the Noto Peninsula Earthquake

Retrieved on: 
Monday, January 8, 2024
Rainforest Trust, Disaster, YOSHIKI, Government, Hurricane Harvey, Earthquake, Amazon, Person, International Organization (journal), News, MusiCares, Medicine, 2007 Noto earthquake, Great, Human, Global Health, IOM

LOS ANGELES, Jan. 8, 2024 /PRNewswire/ -- On January 4th, YOSHIKI donated 10 million yen to the Japanese Red Cross through his 501(c)(3) non-profit organization Yoshiki Foundation America to support areas affected by the Noto Peninsula Earthquake.

Key Points: 
  • LOS ANGELES, Jan. 8, 2024 /PRNewswire/ -- On January 4th, YOSHIKI donated 10 million yen to the Japanese Red Cross through his 501(c)(3) non-profit organization Yoshiki Foundation America to support areas affected by the Noto Peninsula Earthquake.
  • The reason I announce these donations each time is to attempt to expand the circle of support even a little.
  • I sincerely hope that everyone in the affected areas can return to their normal lives as soon as possible."
  • In 2020, he donated 10 million yen to the Japanese Red Cross Society to support the areas affected by the Great East Japan Earthquake, nine years after the disaster.

2024 National Disaster Resilience Conference: Resilience Reimagined Opens Call for Presentations

Retrieved on: 
Monday, January 8, 2024
Small Business Administration, Tornado, Policy, The Weather Channel, Southern California Earthquake Center, FLASH, Earthquake, NDRC, International Building Code, News, Federal Alliance (South Africa), Flood, Wildfire, National Fire Protection Association, MIT, IEM, Weather, National Association, Fox Weather, Engineering, University of Florida, National Hurricane Center, Texas General Land Office, USAA, Tie (engineering), University, ABC News, Small business, Insurance Information Institute, FEMA, Cyclone, Face, Lightning, Organization, Mennonite Disaster Service, Applied Technology Council, Lowe's, Risk management

TALLAHASSEE, Fla., Jan. 8, 2024 /PRNewswire/ -- Today, the nonprofit Federal Alliance for Safe Homes (FLASH) invites experts to submit presentations for consideration by the National Disaster Resilience Conference (NDRC24) committee. Set to take place from November 20 to 22, 2024, in Clearwater Beach, Florida, the conference seeks to explore innovative approaches and programs that drive advancements in resilience policy, practice, science, and engineering.

Key Points: 
  • TALLAHASSEE, Fla., Jan. 8, 2024 /PRNewswire/ -- Today, the nonprofit Federal Alliance for Safe Homes (FLASH) invites experts to submit presentations for consideration by the National Disaster Resilience Conference (NDRC24) committee.
  • NDRC24 serves as a platform for industry leaders to share insights that will shape the future of disaster safety.
  • Stories of Resilience: Showcasing the cause of disaster safety through human resilience and recovery in real-life case studies.
  • For more information or to submit an abstract, visit the National Disaster Resilience Conference website or email [email protected] .

SI Solutions Expands Structural Engineering Expertise and Adds Controls Engineering Division with the Acquisition of SC Solutions, Inc.

Retrieved on: 
Thursday, January 4, 2024
Critical infrastructure, Earthquake, Multimedia, Engineering, Silicon, Industrial design

CHARLOTTE, N.C., Jan. 4, 2024 /PRNewswire/ -- SI Solutions is pleased to announce the purchase of SC Solutions, Inc., a respected provider of innovative engineering solutions for the advanced process controls and structural engineering industries.

Key Points: 
  • CHARLOTTE, N.C., Jan. 4, 2024 /PRNewswire/ -- SI Solutions is pleased to announce the purchase of SC Solutions, Inc., a respected provider of innovative engineering solutions for the advanced process controls and structural engineering industries.
  • SI Solutions , a privately held company, is a leading provider of mission-critical engineering, construction, testing, and maintenance services to the energy, process, and infrastructure markets.
  • SC Solutions, Inc. (SC), based in Sunnyvale, CA, specializes in structural engineering and advanced process controls.
  • SC Solutions' highly respected process controls division will add a new market segment and a third reputable brand under the SI Solutions umbrella, diversifying our service offerings worldwide."