NEW YORK, Jan 10, 2013 /PRNewswire/ -- Agrion-Nasdaq Energy & Sustainability Summit -- Global energy systems and supply chains are facing unprecedented threats. Contributors like NASDAQ, PSE&G CEO Ralph Izzo, Governor Cuomo, Senator Gillibrand's Office, experts from the United Nations, DOE, EPA, Hodgson Russ, Con Edison, McKinsey, Morgan Stanley, Intel, Darden Restaurants, Johnson & Johnson, UBS, Bloomberg, Wyndham Worldwide, AB InBev, Volkswagen, and more are committed to discuss energy and sustainability strategies on February 19 th and 20 th in the wake of Superstorm Sandy, Fukushima Daiichi, Deepwater Horizon, disruptive flooding disasters, and other threats. "The world's most influential organizations have started to pay close attention to risk exposure stemming from climate variability, energy reliability issues, and supply chain uncertainty," says Nicholas J. Davis, Managing Director at AGRION, the global business network for energy, cleantech, and sustainability. Davis notes, "This is about fundamental profit and risk exposure facing the core operations of some of the largest organizations around. These risks stem from increasingly intense and erratic weather patterns, and trillions of dollars are at stake."
AGRION Summits identify critical industry barriers and opportunities that can be transformed into major projects. For instance, "AGRION is working to pilot the first microgrid project in the Bay Area, to ensure that hospitals in flood-prone areas avoid setbacks like NYU Langone's power outage during Superstorm Sandy," says Davis.
In fact, cleantech investment is coming from some unexpected industries. "Insurance companies are some of the largest recent investors in renewable energy projects, with solar arrays coming online from MetLife, Traveler's, and more. They have the balance sheets and are increasingly aware of the risks associated with inaction," notes Daniel Kolomeets-Darovsky, COO of Cleanhatch, the online marketplace for renewable energy project finance.