05.07.2009
Such as when the government offers a safety net to incentivize the private sector to invest in building large infrastructure projects. If an IPP is offered a safety net it, it could be in the form of a guarantee that the grid will purchase a certain percentage of the plants electricity output
A weak spot which is sometimes intentionally put in the drillstring so that if pressure exceeds a predetermined amount, the safety joint will break off and the rest of the drillstring can be saved.
Control and reduction of risks at specific sites and/or work processes