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Energy & Renewables Special Interest Group


Fuelling the debate

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The Energy Special Interest Group aims to bring together risk professionals, gain insights from risk practitioners, establish a strong network and discuss what the future of the industry holds.

IRM Insights: Earth Day 2022 - Energy and the environment.

To mark Earth Day 2022 the IRM's Energy and Renewables group shares insights into the Energy sectors' complex relationship with the environment. This short analysis examines our reliance on traditional energy and how risk managers can support the sector in working towards a green, clean future, and a planet everyone can enjoy.


IRM Insights: Energy - UK's Fuel Crisis.

The IRM's Energy and Renewables group has issued a short response to increasing wholesale gas prices and the subsequent risk events that have come into fruition. This analysis provides you insights and highlights the importance of evaluating and setting out your risk appetite and capacity.

Find out more here >>

Disruption, uncertainty and the role of risk management

Click here to view the latest report by the Energy and Renewables SIG.





Alexander Larsen, CFIRM

Learn more about qualifications »

Risk Management in Oil & Gas (3-day training course)

Learn about the theory and practice of risk management at an enterprise and project level, focusing on oil and gas case studies such as; oil price, working in politically unstable environments, managing projects portfolios and supply chain.

Find out more » 

Future Events 

Past Events 

Energy and Renewables SIG - New Year, New Energy?

2022 has been a turbulent year for the Energy industry as a whole, and it hasn't played out as expected for many participants. Within the risk management community, there has always been much focus on "horizon scanning" and "scenario planning", which usually covers a confusing multi-year timespan. With the beginning of the new year, the Energy & Renewables SIG is planning an online event titled "New Year, New Energy?" centred around near-term expectations and trend predictions for the Energy industry in 2023.  To filter out some of the noise of multi-year forecasts, we have invited three external speakers who present their (or their company's) view on the Energy industry in 2023.

Attendees will gain insights into near-term expectations and trend predictions for the Energy industry in 2023; our speakers will share their perspectives.  Each presentation includes a Q&A session to provide further clarifications.

Click here to view the Introductory Presentation

The speakers:

Mahamid Ahmed, Strategy & External Affairs Team Manager, Elexon Limited.

Click here to view Mahamid's presentation slides.

At Elexon, Mahamid analyses government policy, regulation and market changes and advises the Executive on risks and opportunities from these developments, including responding to consultations, engaging with a range of stakeholders and developing policy positions.

Previously, Mahamid worked at the Oil and Gas Authority (OGA) as a Senior Policy Adviser, focused on flaring and venting policy guidance, international oil and gas treaties, EU Exit, Hydrogen, CCUS and onshore oil and gas regulation. Before OGA, he worked at Ofgem, the UK government regulator for the electricity and downstream natural gas markets, focused on wholesale energy market monitoring, REMIT investigations, the gas transmission price control and security of supply.

Mahamid holds a BSc Economics from the School of Oriental and African Studies (SOAS) and a Master’s in International Political Economy from the London School of Economics (LSE), where his dissertation was on oil prices and energy governance.

Mykhailo Rushkovskyi, Founder, RUNDERC

Click here to view Myhhailo's presentation slides


Mykhailo Rushkovskyi is a leading Ukrainian risk manager with multiple years of experience heading risk, insurance and BCM functions in Energy, Oil & Gas, and Insurance. In his recent role as the Head of Risk Management at the largest Ukrainian privately-owned energy holding DTEK Group (energy, oil&gas, power grids, renewables), Mykhailo conducted full reengineering of risk management and Insurance function of DTEK Group. To ensure renewables' business protection, he also developed a state-of-the-art insurance program for DTEK Renewables, involving international insurance markets (including war risks coverage).

Earlier in his career, Mykhailo was the Chief Risk Officer at the largest Ukrainian state-owned company Naftogaz Group (oil&gas) and was heading risk & BCM functions at the Allianz Group office in Ukraine, establishing efficient BCP for the office that worked smoothly during the Russian invasion in Ukraine in Feb 2022.

Mykhailo holds an MA degree in International Business from Kyiv National University, Ukraine, and an MBA from MIB School of Management, Italy. He is also a PhD candidate in risk management strategies at Kyiv National University, Ukraine, authoring scientific articles on risk management. In addition, Mykhailo founded internet publishing for risk managers, which gives a fresh risk management perspective on today's most vibrant topics, from geopolitics to climate change. Mykhailo is the winner of the "Business Continuity Programme of the year" European Risk Management Awards 2022.


Thursday 19th January 2023


16:00 - 17:30 (GMT)

Energy risk clinic Q3 



Thursday 22nd September 2022


13:00 - 14:30 (BST)

Energy risk clinic Q2 

Click here to view the presentation slides 



Thursday 16th June 2022


13:00 - 14:30 (BST)


Energy risk clinic 


Wednesday 29th September 2021


13:00 - 14:30 BST


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Committee Members-

Group Chair: Alexander Larsen

Deputy Chair: Grant Griffiths

Acting Secretary: Mike Stark  

Member of the committee: Rahat Latif

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