Joint Power Generation Committee – 18 November 2025
Compliance: Reminder to adhere strictly to competition law.
Previous Minutes: September minutes approved.
Matters Arising: Obsolescence clause update circulated; awaiting feedback from wordings team.
Market Issues/Claims: Multiple global losses reported, including turbine, smelter, bio-gas, transformer, CSP, solar, hydro, and BESS incidents. Emphasis on diligence in slip reviews and clause circulation.
Renewables Committee: No meeting since last update; further information expected.
AOB: Brazilian law changes presentation scheduled
caution urged on PPL discrepancies and engineering fees.
Committee election window open
clarification sought on MGA stance of the LMA and Lloyd’s .