First estimates point to modest Ida energy loss but uncertainty remains
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First estimates point to modest Ida energy loss but uncertainty remains

Exposure aggregation in the cone of Ida 29 Aug 2021.jpg

Initial indications of damage inflicted by Hurricane Ida point to a modest energy loss on a similar scale to that of Hurricane Laura, although a huge amount of uncertainty remains about the condition of energy facilities in Louisiana and the Gulf of Mexico.

Sources in the London energy market told this publication that there had been no reports of major incidents thus far – from blowouts to platform collapses or explosions – but that it was too early to assess the true...

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