Adaptive Target $67 Billion Power Outage Gap with Parametric Product & more related News Here
The annual cost of major U.S. power outages averaged $67 billion between 2018 and 2024, reaching $121 billion in 2024, according to the Department of Energy’s Oak Ridge National Laboratory. Much of that cost is uninsured – not because the risk of power outages is theoretically uninsurable, but because standard commercial property and business interruption…
