34. Building Energy Big: Secrets to Success with Bent Flyvbjerg (2/2)

Redefining Energy - TECH

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المحتوى المقدم من Laurent Segalen + Gerard Reid and Michael Barnard. يتم تحميل جميع محتويات البودكاست بما في ذلك الحلقات والرسومات وأوصاف البودكاست وتقديمها مباشرة بواسطة Laurent Segalen + Gerard Reid and Michael Barnard أو شريك منصة البودكاست الخاص بهم. إذا كنت تعتقد أن شخصًا ما يستخدم عملك المحمي بحقوق الطبع والنشر دون إذنك، فيمكنك اتباع العملية الموضحة هنا https://ar.player.fm/legal.

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The Menendez Brothers | Five-Year Plan | 1 43:56

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43:56

On August 20th, 1989, Lyle and Erik Menendez shot and killed their own parents. Until then, this Beverly Hills family had been a portrait of the American Dream. How did it go so wrong? To listen to all four episodes of 'The Menendez Brothers' right now and ad-free, go to IntoHistory.com . Subscribers enjoy uninterrupted listening, early releases, bonus content and more, only available at IntoHistory.com . If you or someone you know is in crisis, there is free help available at mhanational.org Learn more about your ad choices. Visit megaphone.fm/adchoices…

منذ عام واحد 39:58

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In Episode 34 of the podcast "Redefining Energy Tech" (part 2/2), host Michael Barnard engages with Professor Bent Flyvbjerg, author of "How Big Things Get Done," to delve into the intricacies and strategies of megaprojects, focusing particularly on the comparison between pumped hydro storage and battery systems.
The conversation emphasizes the importance of modularity and repeatability in large-scale projects and highlights various risks associated with construction, including data deficiencies and stakeholder management.
Professor Flyvbjerg introduces the concept of the 'window of doom,' underscoring the necessity of swift project delivery to mitigate risk. The episode explores the advantages of modular construction as evidenced in projects like the Tesla Gigafactory and renewable energy sectors, contrasting these with the prolonged timelines typical of nuclear power plant constructions.
The discussion provides actionable recommendations, urging listeners to review critical risk management heuristics and the variance chart from Flyvbjerg's book. These insights are aimed at enhancing project management practices in infrastructure development.
Listeners are encouraged to understand base rates and project risks, utilize heuristics for successful project management, and consider the significance of the variance chart in Chapter 9 of Flyvbjerg's book. The episode concludes with a call to develop personal heuristics for managing megaprojects effectively.

47 حلقات

#Tech #Laurent Segalen + Gerard Reid #Michael Barnard

Redefining Energy - TECH

34. Building Energy Big: Secrets to Success with Bent Flyvbjerg (2/2)

Redefining Energy - TECH

published منذ عام واحد

MP3•منزل الحلقة

47 حلقات

#Tech #Laurent Segalen + Gerard Reid #Michael Barnard

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Redefining Energy - TECH

1
46. China’s Balancing Act: Coal, Renewables and Nuclear (2/2) 49:45

منذ 20 يومًا49:45

49:45

In Episode 46 of *Redefining Energy - Tech*, host Michael Barnard concludes his talk with David Fishman. David examines China's dynamic energy landscape, emphasizing the rapid development of wind, solar, and energy storage technologies. The episode begins with a comprehensive analysis of wind energy, highlighting significant growth in onshore wind despite grid curtailment challenges in western regions. Offshore wind, while slower to develop, is gaining traction with ambitious plans for 15-30 GW per coastal province. Meanwhile, distributed wind energy is emerging as a key focus under innovative policies like the "10,000 Villages Harness the Wind" initiative. The conversation moves to solar energy, where Fishman explores the dual success of utility-scale megabase projects in deserts and the booming distributed solar sector. Public-private collaborations, such as the Whole County Rooftop Solar Promotion Program, have driven rooftop solar installations to tens of gigawatts in China's eastern provinces, accounting for half of the solar market. Fishman then delves into energy storage, contrasting the long-standing dominance of pumped hydropower with the meteoric rise of lithium-ion battery installations, which now outpace hydro in capacity. Battery storage serves critical roles in energy arbitrage, grid stability, and regulatory compliance, driven by mandates for renewables projects to integrate storage solutions. Independent operators are also investing heavily in battery facilities near renewable energy sites. The episode concludes with a discussion of technological advancements, including the decreasing costs of lithium iron phosphate (LFP) battery storage, averaging $66 per kWh in recent auctions. Fishman reflects on potential resource constraints and philosophical questions surrounding China's motivations for clean tech innovation, challenging listeners to consider whether noble intentions are essential if the results drive meaningful progress. This episode provides a nuanced exploration of the strategies and challenges defining China’s energy future.…

Redefining Energy - TECH

1
45. China’s Balancing Act: Coal, Renewables and Nuclear (1/2) 53:10

منذ 5 weeks53:10

53:10

In Episode 45 of the *Redefining Energy TECH* series, host Michael Barnard invites David Fishman, a senior manager at Lantau Group. David delves into the intricacies of China's energy landscape, highlighting the country's efforts to balance growth and decarbonization. Despite coal's continued dominance, constituting 55-60% of the energy mix, Fishman discusses measures aimed at limiting its growth. While projections suggest a slight increase in coal consumption due to weaker hydropower performance, China is making strides to shut down smaller, less efficient coal plants. Efforts to grow electricity consumption without proportionally increasing coal usage remain a priority, with current coal plant utilization rates around 48-49%. Natural gas plays a minor role in China’s power generation, primarily confined to coastal regions where LNG imports supplement energy needs. LNG is an emerging trend in transportation, with 8% of heavy long-distance trucks now powered by LNG, offering an alternative to diesel. The rise of electric vehicles is also noteworthy, as Tesla sales in China grew by 8.8%, bucking the trend of global sales declines. China’s nuclear sector, once envisioned as a central pillar of its energy strategy, has faced delays but is now regaining momentum. The development of domestic nuclear technology, particularly the Hualong 1 reactor, has enabled the approval of ten new reactors annually since 2022. Although nuclear energy’s role has shifted from a backbone solution to a niche yet critical component, Fishman underscores its potential importance in achieving the final stages of grid decarbonization. The episode also explores China’s robust progress in renewable energy. Wind and solar power, which began scaling up in the late 2000s, are now adding an impressive 300 gigawatts annually, consistently exceeding targets. While nuclear remains behind on its ambitious goals, renewables continue to lead the charge in transforming China’s energy system. Fishman reflects on the unique scalability of China’s nuclear program, noting the challenges other countries may face in replicating its rapid progress. With renewables, nuclear, and a shifting transportation landscape, China’s energy future presents both challenges and opportunities for decarbonization.…

Redefining Energy - TECH

1
44. Critical Minerals: the new Gold Rush (2/2) 48:17

منذ 7 weeks48:17

48:17

In this second part, Gavin Mudd, director of the Critical Minerals Intelligence Center at the British Geological Survey, shares insights into the pivotal role of minerals in the energy transition. While Australia boasts abundant resources, Mudd highlights significant gaps in expertise and labor to extract these materials efficiently. He underscores the urgency of restructuring the iron ore sector to enable green steel production, pointing out that Australia exports four times more energy through coal and natural gas than it consumes domestically. Although lithium mining has surged from $50 million to billions in exports over a decade, Mudd notes it is unlikely to rival coal and LNG in economic impact. The discussion also tackles the challenges of recycling critical minerals, especially lithium batteries. Unlike lead-acid batteries, which benefit from established regulations and high recycling rates, lithium batteries pose difficulties due to evolving chemistries. Mudd calls for improved regulations, better product design, and increased consumer education to address these recycling hurdles. He also raises concerns about dwindling supplies of antimony and its dissipative use, highlighting the broader need for sustainable management of critical minerals. A crucial distinction between mineral resources and reserves forms another part of the conversation. While resources represent known quantities of materials, reserves refer to what is currently profitable to extract—a difference often misunderstood. Mudd emphasizes the importance of robust data collection and analysis, noting that many critical minerals lack reserve estimates due to their byproduct status. Despite these challenges, Mudd remains optimistic. He dispels fears of resource shortages, highlighting increasing global availability of critical minerals and the potential of recycling to reduce environmental impact. By advocating for innovative approaches like reprocessing mine tailings and improving supply chain data, he envisions a future where technological ingenuity overcomes current barriers to sustainability. This episode calls for bold action, from restructuring Australia’s iron ore sector to enhancing data strategies for byproduct minerals, offering a roadmap for advancing the energy transition sustainably and effectively.…

Redefining Energy - TECH

1
43. Critical Minerals: the new Gold Rush (1/2) 47:43

منذ 9 weeks47:43

47:43

In the latest episode of *Redefining Energy Tech*, host Michael Barnard is joined by Gavin Mudd, director of the Critical Minerals Intelligence Center at the British Geological Survey, for an insightful discussion on critical minerals, their supply risks, and the environmental challenges posed by mining practices. Mudd, an environmental engineer with extensive expertise in assessing the ecological impacts of the mining sector, shares his perspective on the growing demand for critical minerals such as lithium, cobalt, and rare earth elements, emphasizing their importance in the transition to renewable energy technologies. The conversation delves into the global supply risks associated with critical minerals, highlighting factors such as production concentration, trade dependencies, recycling, and the economic and national security implications of shortages. Lithium and cobalt emerge as key materials for battery technologies, with a noted shift toward lithium iron phosphate batteries in China. Mudd also discusses the substitutability of certain materials, such as aluminum replacing copper in wiring, as a potential mitigation strategy. The episode sheds light on rare earth elements, which, despite being found globally, are overwhelmingly processed and refined in China. This dominance raises environmental concerns, particularly regarding radioactive residues like thorium and uranium associated with rare earth minerals. Mudd notes that while China is improving its environmental management practices, the rest of the world must also address these challenges by developing better systems for managing radioactive waste. A key theme is the expertise gap between China and Western countries in mining and processing. Mudd highlights the decline in mining and geology programs in Western universities, driven by negative perceptions of the industry. This expertise gap exacerbates the challenges of securing sustainable mineral supplies and addressing environmental impacts. The conversation emphasizes the urgent need to attract new talent to the sector, improve the industry's image, and address the critical shortage of geologists and mining engineers. The discussion concludes with a forward-looking proposal for a Global Mining Legacy Fund, aimed at addressing environmental damage from legacy mines. Mudd calls for greater government intervention to secure critical mineral supplies and balance the benefits of globalization with the risks to supply chains. Actionable recommendations include researching better management practices for radioactive residues, enhancing the perception of the mining industry to attract students, and implementing initiatives like the Global Mining Legacy Fund as outlined in the UN Secretary General's report.…

Redefining Energy - TECH

1
42. The HVDC Grid Revolution (2/2) 52:47

منذ 12 weeks52:47

52:47

Michael Barnard concludes his conversation with John Fitzgerald, CEO of Supernode. They explore the game-changing potential of superconducting transmission technology. Superconductors, capable of carrying electricity with zero resistance at extremely low temperatures, are already used in applications like MRI machines and are now poised to revolutionize urban power distribution. Fitzgerald highlights advances in cryogenic systems, such as smooth bore cryostats, which allow cables to run three times longer between cooling stations, reducing infrastructure needs and enhancing efficiency. The episode spotlights projects like Munich’s upcoming 12-15 km superconducting power cable, which will transfer more power using less space, offering a cost-competitive solution for urban energy demands. Fitzgerald also underscores the importance of developing a European super grid and anticipatory investments in high-capacity power corridors to address growing renewable energy integration and reduce curtailment. He contrasts Europe’s efforts with rapid grid advancements in India and China, emphasizing the need for proactive planning and investment. Looking ahead, Supernode aims to commercialize its technology by the end of the decade. Fitzgerald calls on policymakers, utilities, and system operators to bridge gaps in energy infrastructure, establish partnerships, and secure funding to promote innovative transmission solutions for a sustainable future.…

Redefining Energy - TECH

1
41. The HVDC Grid Revolution (1/2) 44:24

منذ 14 weeks44:24

44:24

Michael Barnard invites John Fitzgerald, the CEO of Supernode. John delves into the transformative potential of energy transmission technologies and the critical role of interconnectors in shaping the future of renewable energy. Drawing from his extensive background in engineering and utility management, Fitzgerald recounts his journey in the energy sector, which includes developing power stations, trading over interconnectors, and spearheading the East West Interconnector project between Ireland and the UK. His leadership at Supernode reflects his commitment to advancing superconducting transmission technology as a solution to modern energy challenges. Fitzgerald discusses the inherent limitations of alternating current (AC) transmission, particularly for underground and underwater cables, and highlights the advantages of direct current (DC) technology for long-distance energy distribution. He explains the technical intricacies of DC systems, including their capacity to manage inertia and integrate non-synchronous renewable energy. Throughout the episode, Fitzgerald emphasizes the need to address public consultation challenges in infrastructure projects to ensure the successful deployment of energy transmission networks. A central theme of the conversation is the evolving role of interconnectors. Once primarily used to exploit price differences between energy markets, interconnectors are now crucial for balancing variable renewable energy across regions. Fitzgerald explores the immense potential of continental-scale grids in Europe and advocates for tripling grid capacity to meet future energy demands. He also highlights groundbreaking projects like Sun Cable, which aims to connect Australia to Singapore, and the NATO-L project, which envisions transatlantic power transmission, underscoring the benefits of intercontinental energy connectivity for enhancing energy security. The episode concludes with a forward-looking perspective on the energy transition. Fitzgerald calls for greater investment in HVDC technology, praises China's advancements in this area, and urges listeners to stay informed about opportunities to integrate renewables through interconnectors. By fostering interconnected grids, he argues, the global energy landscape can achieve greater efficiency, resilience, and sustainability.…

Redefining Energy - TECH

1
40: Buses - Hydrogen vs Batteries (2/2) 53:38

منذ 16 weeks53:38

53:38

In this second part of the episode, Michael Raynor and Michael Barnard offer an in-depth analysis of the comparison between hydrogen fuel cell and battery electric buses, focusing on key findings and discrepancies in a recent CUTRIC study. Barnard critically examines issues related to replacement cycles, carbon pricing, refuelling facilities and individual bus complexity. He highlights the study’s failure to account for technological advancements in batteries, such as decreasing costs and improving lifespans, which position battery electric buses as a more sustainable and cost-effective solution. Raynor digs into financial projections and the challenges of managing multiple bus technologies in transit systems like Brampton’s. He applies his expertise related to scenario-based planning, gained in his Harvard DBA and published in his 2007 book, The Strategy Paradox, pointing out flaws in CUTRIC’s use of point estimates without error bars. Raynor notes the complexity involved in maintaining hydrogen buses, both in terms of infrastructure and organizational demands, compared to simpler battery systems. He raises concerns about Brampton’s decision to move forward with a potentially expensive and inefficient hydrogen pilot, citing a $1.1 billion discrepancy caused by timing assumptions in hydrogen bus deployment. Raynor also explores how the study’s reliance on discounting future costs skews financial comparisons between the two technologies. He discusses the need for carbon emissions to be integrated into transit planning decisions and contrasts CUTRIC’s analysis with the EU’s more sophisticated approach to carbon pricing. The episode concludes with Raynor’s personal reflection on the difficulties of tackling climate challenges while underscoring the importance of rigorous evaluation processes in transit planning. Raynor and Barnard call for Brampton’s transit proposals to undergo third-party reviews and improved quality control to ensure transparency and better decision-making.…

Redefining Energy - TECH

1
39: Buses - Hydrogen vs Batteries (1/2) 44:55

منذ 18 weeks44:55

44:55

In this episode, host Michael Barnard engages in an enlightening conversation with Michael Raynor, co-author of The Innovator’s Solution and an expert in carbon reduction strategies. Raynor shares his personal journey into sustainability, the evolution of his focus on decarbonization, and his current work developing innovative solutions for addressing corporate carbon challenges. A key topic in the discussion is the Raynor’s new firm, S3 Markets, which emphasizes the need to decarbonize upstream commodities to meet net zero commitments. Rayner highlights the difficulty corporations face in managing Scope 3 emissions and suggests shifting from traditional carbon offsets to “insets,” where companies pool small investments to make a meaningful impact. This approach targets the 80-90 high-emission commodities responsible for the bulk of industrial emissions, which make up 15% of global GDP. The conversation takes a practical turn as Raynor discusses Mississauga’s hydrogen bus pilot program. He recounts how he identified potential issues with the initiative and reached out directly to the city’s mayor and council. His insights led to an invitation to present his findings to the Mississauga City Council on October 30th. The conversation turns to Barnard’s dive into the CUTRIC (Canadian Urban Transit Research and Innovation Consortium) in advancing urban transit decarbonization through research and policy recommendations, as well as some red flags. Barnard and Raynor explore the financial and environmental trade-offs between hydrogen and battery-electric buses. Barnard provides a critical analysis of data from California and the EU’s JIVE program, showing that hydrogen buses come with significant costs for refuelling infrastructure and maintenance. Comparatively, for the cost of five hydrogen buses, municipalities could procure twelve battery-electric buses, making the latter more attractive both financially and environmentally. The episode wraps up with a closer look at CUTRIC’s recent report for Brampton, where Barnard identifies questionable assumptions about hydrogen system costs. One factor alone, the cost assumption for gray hydrogen could have a $200 million swing, dwarfing the $10 million variance called out justifying a blended hydrogen + battery electric fleet instead of a battery electric only fleet. Raynor examines the varying carbon costs of different hydrogen types—gray, blue, and green—and emphasizes the importance of carefully choosing technologies based on actual benefits. The battery-electric buses offer superior emissions reduction per dollar spent.…

Redefining Energy - TECH

1
38. Methane crisis unveiled… and how to fix it (2/2) 52:57

منذ 20 weeks52:57

52:57

In Episode 38 of Redefining Energy - Tech, Rob Jackson addresses the growing challenge of methane emissions, which are over 90 times more potent than CO2 in the short term. He reveals that two-thirds of methane emissions come from human activities such as fossil fuels, agriculture, and landfills, with livestock, especially cows, being the largest agricultural source. Methane's rapid increase is a major contributor to climate change, and Jackson explores its direct and indirect effects, including its interaction with ozone and how blending hydrogen with natural gas can extend methane's atmospheric lifetime. Jackson presents several solutions to reduce methane emissions, emphasizing the transition from gas to electric appliances like heat pumps and induction stoves. Regulatory changes and best practices in the oil and gas sector, such as improved methane capture during drilling and better pressure relief systems, are crucial. He also notes the European Union's plan to include methane in its emissions trading system by 2026. The episode concludes with strategies for agriculture and landfills, including reducing cow populations, using feed additives and vaccines to cut methane from livestock, and preventing organic waste from entering landfills. Jackson advocates for a holistic approach, linking methane reduction to broader climate and health benefits, and highlights clean energy as a critical part of the solution.…

Redefining Energy - TECH

1
37. Methane crisis unveiled… and how to fix it (1/2) 38:25

منذ 22 weeks38:25

38:25

Rob Jackson, Chair of the Global Carbon Project and Senior Fellow at the Woods Institute, dives into a critical discussion on methane emissions and their impact on climate change. In this episode of Redefining Energy - Tech, he outlines methane’s potency, noting that it is 80-90 times more effective than CO2 at trapping heat during the first few decades after its release. Methane's role in climate change is not to be underestimated, especially since it makes up the majority of natural gas, which is often marketed as a "clean" fuel. Jackson raises concerns about methane emissions, particularly in household appliances like gas stoves. These appliances not only leak methane but also release other harmful pollutants, such as nitrogen dioxide and benzene, which pose significant health risks to vulnerable populations, including children and the elderly. He also discusses the widespread leakage that occurs throughout the natural gas supply chain, challenging the perception of natural gas as a clean energy source. The conversation shifts to the challenges of detecting methane emissions, particularly from oil and gas operations. Jackson highlights advancements in technology, such as satellites, drones, and helicopters, which are used to identify methane super-emitters —large, concentrated leaks of methane. However, pinpointing smaller leaks remains difficult. These advancements, though promising, still face limitations, particularly when it comes to smaller-scale emissions from agriculture or subtle leaks in oil fields. Jackson stresses the need for a comprehensive approach to methane detection. He calls for integrating multiple types of sensors at different scales to address the full scope of emissions. Despite the improvements in technology, methane emissions from various industries continue to be underestimated. The International Council on Clean Transportation's (ICCT) FUMES project, which found higher-than-expected methane emissions from liquefied natural gas (LNG) ships, and Shell's own internal discoveries of methane leaks from its operations, were part of the discussions. The episode concludes with a call to action, as Jackson emphasizes the necessity of reducing methane emissions by enhancing detection methods and accelerating the transition away from fossil fuels. He advocates for a multifaceted strategy to address climate change, one that considers not just methane but also the broader implications of fossil fuel reliance.…

Redefining Energy - TECH

1
36. Climate Change, Gray Rhinos and Black Swans (2/2) 42:37

منذ 24 weeks42:37

42:37

In Episode 36 of the "Redefining Energy" series, host Michael Barnard engages Michele Wucker in a nuanced discussion about the complex nature of risk, focusing on the distinction between risk profiles and risk fingerprints. These fingerprints, shaped by an individual's inherent traits, experiences, and environmental influences, are crucial in understanding how people and organizations perceive and manage risks. The conversation emphasizes climate change as a significant "gray rhino" that requires strategic, rather than merely tactical, responses. Wucker examines the fossil fuel industry's risk perceptions, considering the potential for these companies to transition into the clean energy sector and exploring the implications of peak oil demand. The episode also addresses the evolving risk landscape in the wake of COVID-19, highlighting the importance of shared responsibility between individuals and corporations in reducing carbon footprints and adopting sustainable practices. Wucker underscores the need for collaborative efforts and the role of governments in shaping behaviors through policies and incentives. In the final segment, the discussion turns to the equitable distribution of risks and benefits in policy-making, particularly concerning independent workers. The episode advocates for improved systems to support these workers and stresses the importance of understanding personal risk decisions and their broader impact on society.…

Redefining Energy - TECH

1
35. Climate Change, Gray Rhinos and Black Swans (1/2) 40:44

منذ 26 weeks40:44

40:44

In Episode 35 of "Redefining Energy - Tech," host Michael Barnard engages with Michele Wucker, the author of *The Gray Rhino* and *You Are What You Risk*, in a thought-provoking discussion on risk perception and management. Wucker introduces the concept of the "gray rhino," which symbolizes obvious yet often overlooked risks , in contrast to the "black swan," which represents unforeseeable and improbable events . The conversation highlights climate change as a prime example of a gray rhino, underscoring the importance of recognizing and responding to such evident threats before they escalate. Wucker shares her background in emerging market debt and sovereign credit risk, providing context for how she developed the gray rhino concept. The discussion explores the historical and societal dimensions of risk perception, with Wucker emphasizing the need for greater awareness and proactive action regarding significant, visible risks like climate change. The episode also examines how human perception of time influences our responses to long-term threats, drawing parallels with the global reaction to the COVID-19 pandemic. Further into the conversation, Wucker introduces ideas from her book *You Are What You Risk*, including the concepts of "risk fingerprint" and "risk empathy." She discusses how cultural differences, particularly between Eastern and Western societies, shape varying approaches to risk assessment and decision-making. The episode concludes by exploring the interconnectedness of personal, organizational, and governmental decisions in managing obvious risks, highlighting the collective responsibility in addressing gray rhino threats. This episode offers listeners valuable insights into how we can better identify and respond to the risks that are most apparent yet frequently ignored.…

Redefining Energy - TECH

1
34. Building Energy Big: Secrets to Success with Bent Flyvbjerg (2/2) 39:58

منذ 28 weeks39:58

39:58

In Episode 34 of the podcast "Redefining Energy Tech" (part 2/2), host Michael Barnard engages with Professor Bent Flyvbjerg, author of "How Big Things Get Done," to delve into the intricacies and strategies of megaprojects, focusing particularly on the comparison between pumped hydro storage and battery systems. The conversation emphasizes the importance of modularity and repeatability in large-scale projects and highlights various risks associated with construction, including data deficiencies and stakeholder management. Professor Flyvbjerg introduces the concept of the 'window of doom,' underscoring the necessity of swift project delivery to mitigate risk. The episode explores the advantages of modular construction as evidenced in projects like the Tesla Gigafactory and renewable energy sectors, contrasting these with the prolonged timelines typical of nuclear power plant constructions. The discussion provides actionable recommendations, urging listeners to review critical risk management heuristics and the variance chart from Flyvbjerg's book. These insights are aimed at enhancing project management practices in infrastructure development. Listeners are encouraged to understand base rates and project risks, utilize heuristics for successful project management, and consider the significance of the variance chart in Chapter 9 of Flyvbjerg's book. The episode concludes with a call to develop personal heuristics for managing megaprojects effectively.…

Redefining Energy - TECH

1
33. How Big Things Get Done: Energy Megaprojects (1/2) 40:30

منذ 30 weeks40:30

40:30

Michael Barnard talks with Professor Bent Flyvbjerg (part 1/2), a leading expert on megaprojects and author of "How Big Things Get Done." Flyvbjerg shares insights from his extensive research, revealing that a staggering 99.5% of projects fail to meet budget, timeline, and benefit expectations. He discusses the critical importance of analyzing successful projects, particularly in the context of renewable energy, where solar and wind initiatives have proven to be more effective than nuclear power. Flyvbjerg highlights the creation of a database containing over 16,000 megaprojects, which provides a comprehensive overview of the inherent challenges of nuclear energy. These challenges include regulatory hurdles and skill shortages, which contribute to the poor performance of nuclear projects. Additionally, Flyvbjerg explores the concept of small modular reactors as a potential solution to some of these issues, although they also face significant limitations. Through this discussion, the episode sheds light on the complexities of project management within the energy sector and the factors that lead to successful outcomes. Flyvbjerg emphasizes the importance of studying successful projects to understand how they overcome the odds and achieve their goals. He highlights solar power, wind energy, and transmission as examples of successful project types, contrasting them with poorly performing projects like nuclear power and the Olympic Games. Overall, the episode provides valuable insights into the dynamics of megaprojects, particularly in the renewable energy sector, and underscores the need for effective project management strategies to ensure success.…

Redefining Energy - TECH

1
32. Beyond Gas: The Rise of Heat Pumps and Energy Efficiency (2/2) 46:42

منذ 33 weeks46:42

46:42

In our latest episode, Host Michael Barnard and Jan Rosenow, European director for RAP, delved into the multifaceted world of heat pumps and their critical role in the energy transition (part 2/2). Here’s a brief summary of the insightful discussion: We kicked off by exploring the terminology and rising popularity of heat pumps in the media, highlighting their growing presence in publications and public discourse. The conversation then shifted to the marketing and design of heat pumps, emphasizing the need for improved aesthetics and customer experience to make them more appealing. Efficiency and demand reduction measures were a key focus, with discussions on the potential of insulation and draft proofing to reduce heat demand and enhance property efficiency. We also debated the priority of electrifying heat versus insulation, considering the impact of both strategies on energy use and climate change mitigation. Heat pumps' dual capability to provide heating and cooling was another highlight, particularly in the context of increasing heat waves. The episode also featured a meta-analysis on hydrogen for heating, revealing that hydrogen is not a scalable or efficient solution compared to alternatives. The future of gas grids was scrutinized, with discussions on the need for a managed transition away from gas and examples from France and the UK on the rising costs of gas grid maintenance. An orderly regulatory framework for decommissioning gas grids was deemed essential. We concluded on an optimistic note, drawing parallels to the adoption of electric vehicles and renewable energy, and expressing belief in innovation and private equity driving the energy transition. Tune in to gain a deeper understanding of these vital topics and the steps we can take towards a sustainable future! 🌱💡…

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34. Building Energy Big: Secrets to Success with Bent Flyvbjerg (2/2)