Project Management Spotlight - Energy Transformation

The world is going through a transformation of energy demand and supply.  The electrical power demand is increasing with expectations that we will double the amount of power required by 2050 and double again by 2065.  The industry cannot support this growth with traditional power supply technology.  Balancing the need for reliable power with the goals of increasing renewable energy sources will require a mix of power production technologies including nuclear.

As these projects start to come to fruition, project teams will need to consider various planning and execution techniques.  It will not be one technique that fits all but all need to be considered in the portfolio/project management planning effort.  Typical considerations will include:

  • Standardization of designs, design once build multiple.

  • Modularization/Pre-fabrication to minimize field labor hours

  • Automated/robotic construction, more of a manufacturing approach

  • Extensive use of Artificial Intelligence in all the above approaches

These projects will be challenging from the standpoint of requiring different technology and execution approaches but can be executed efficiently.  Addressing these challenges requires collaboration between industry stakeholders, governments, and the research community to develop innovative solutions that ensure a reliable, sustainable, and resilient power infrastructure.

Pathfinder currently supports several clients in planning these new technology projects with the following:

  • Front-end Project Reviews

  • Risk Management Sessions

  • Project Execution Planning Workshops

Pathfinder helps clients adapt to changing circumstances, collaborate effectively with diverse stakeholders, and employ innovative approaches to the unique complexities of energy transition projects.