Tag Archives: fragility

The Flat-Packing of Energy

The Emergence of a Less Fragile, More Flexible and Scalable Energy System Three reasons why the energy world is undergoing rapid change: manufacturing-based economics, energy security and scalability. ___________________________ “Fragility occurs when big is forced into doing what was best … Continue reading

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Gadfly – A Nuclear Lesson for Big Oil

“It is a reasonable bet that the $24 billion Hinkley Point C nuclear power project in the U.K., due online in 2025, will neither be ready by 2025 nor cost just $24 billion.” So begins a recent Bloomberg Gadfly energy article … Continue reading

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Bloomberg Gadfly – Big Projects, Big Problems

We’ve covered big oil’s structural problems with big projects in a number of posts this year – see Megafragility for example. I have also contrasted this with the alternate world of manufacturing improvements and their increasingly sustainable impact on shale oil … Continue reading

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Megafragility

Do industrial megaprojects over-run because they are badly managed, or because they are big? It’s mainly because they are big. In brief: There is increasing evidence for the substantial performance problems with large scale energy megaprojects being mostly structural and … Continue reading

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The post-Megaproject Era: an end to Magical Thinking

In his major tome on Industrial Megaprojects[1] in 2011, Ed Merrow poured decades worth of empirical assessments and statistical analysis into this largely unresearched field. Merrow’s work on megaprojects is worth revisiting, as the oil industry perches over a new … Continue reading

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