Energy has become one of the most critical and complex risk variables in modern construction projects — shaping cost certainty, programme delivery, safety, ESG performance and insurability. From power availability and grid connection delays to on-site generation, fuel volatility, electrification of plant and the integration of renewable and transitional energy sources, construction projects are increasingly exposed to energy-related risks that traditional risk frameworks struggle to capture. This breakout session explores the types of risks energy creates across large construction programmes, why these exposures are fundamentally different from other operational risks and how energy considerations now influence investor confidence, contractor performance and insurance capacity. Aimed at experienced risk professionals, the discussion will examine emerging risk management strategies and insurance trends — from energy supply resilience planning and contractual risk allocation to specialist covers and alternative risk transfer — offering a forward-looking view of how organisations can prepare for an energy-constrained, energy-transition driven future in construction.