221116

Geothermal Electric Power Generation

Cyber Liability Insurance for NAICS 221116

CYB

Ranked reasons a business in NAICS 221116, Geothermal Electric Power Generation, needs Cyber Liability coverage. Each reason is specific to how this industry actually loses money, and ends with the question to ask before the objection comes up.

  1. 01

    Well field and plant controls run as one system.

    • Production wells, injection wells, and the power plant are controlled together.
    • Reservoir pressure and flow are managed continuously.
    • Mismanaged injection can damage the reservoir permanently.
    ASK
    Is your well field and plant run by a central control system?
  2. 02

    Grid reliability requirements apply to your control systems.

    • Federal reliability standards impose documented security requirements on covered generation.
    • Compliance is audited with penalties per day of violation.
    • Findings attach to the registered entity.
    ASK
    Which of your systems fall within grid reliability security requirements?
  3. 03

    The plant is baseload and runs continuously.

    • Geothermal units are contracted to run around the clock.
    • Contracts include availability obligations and penalties.
    • Every hour offline is replacement power bought at market price.
    ASK
    What availability obligations does your power purchase agreement carry?

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