Muhammad AleemProject Manager| Fluor CanadaCalgary, Alberta, Canada
It seems that a significant wave of energy transition projects such as carbon capture technologies, hydogen, ammonia and renewable fuels will undergo execution in coming years.
What are the key risks that you foresee as practitioners for such energy transition projects?
Should we approach these projects with more of a predictive approach or hybrid/agile approaches may be more beneficial?
The approach for the projects should be the same as for any other - let the context of the specific project drive the approach utilized. If we are talking about a solar panel farm, there is sufficient knowledge about how to effectively deploy those and there is a certain degree of repeatability after the first few panels are up to use a predictive approach. However with more bleeding edge technologies, an adaptive approach might make more sense.
Some of the risks which come to mind are:
- Technical/performance limitations impacting quality, cost or schedule objectives, especially for those solutions which haven't been tested under a wide range of conditions
- Push back from fossil fuel stakeholder groups and from locally impacted residents, especially if the solutions pose a potential risk to quality of life
- Secondary risks created by the use of the technology - for example, could there be a long term impact of carbon capture similar to the impacts created by fracking
I would add supply chain woes. It seemed like the bottle neck was starting to open up, but the delays are still their for inverters, panels. Saving Changes...
"Thousands of candles can be lighted from a single candle, and the life of the candle will not be shortened. Happiness never decreases by being shared."
