Atmospheric and Environmental Research (AER) has formed a strategic alliance with The Hartford Steam Boiler Inspection and Insurance Company (HSB) to create a service that will help facilities assess and manage the risk of energy blackouts.

Electrical blackouts in the US cost businesses and consumers more than $100 billion annually, according to AER, which says the market lacks a widely available and dependable tool to calculate the financial consequences of power outages.

Read more at Energy Manager Today.