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The Long-Term Costs of Wind Turbines

Harvard Business Review

Wind energy is experiencing a boom, but in a pattern eerily reminiscent of the nineteenth century Pennsylvania oil boom, wind farms are building ever larger turbines to farm wind energy further and further from shore. This trend carries risks, especially as turbines come with largely hidden costs.

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What's Next When Offshoring Isn't so Cheap?

Harvard Business Review

Over the last decade, offshore manufacturing seemed like a no-brainer. Falling trade barriers, inexpensive energy and low transport charges further strengthened the case for making products overseas. dollar, rising fuel costs and the risks inherent in longer supply chains have many companies rethinking their sourcing strategies.

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Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why

Harvard Business Review

In November, United States’ crude oil production exceeded 10 million barrels per day for the first time since 1970, according to the US Energy Information Administration (EIA). The recent price swings highlight a new era of uncertainty gripping the world’s energy markets. hbr staff/bettmann/Getty Images. The soaring U.S.

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Big Data and Big Oil: GE’s Systems and Sensors Drive Efficiencies for BP

Harvard Business Review

With energy demands rising and reserves of oil and gas becoming more challenging to access, the productivity revolution promoted by the Industrial Internet is of vital importance to the oil and gas sector. This is sponsor content – insight from GE. trillion of relevant sectors.

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Should Companies Retain "Strategic" Cash?

Harvard Business Review

To enhance financial flexibility, companies have been retaining unprecedented amounts of cash on their balance sheets, calling it "strategic" cash to distinguish it from the "operating" cash that is needed to run the business. Barring a tax holiday, this cash is effectively "trapped" offshore. Facilitate Acquisitions.

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How Industrial Systems Are Turning into Digital Services

Harvard Business Review

“In some offshore wind applications, changing the main bearing on a turbine is so expensive that it undermines the business case for building the turbine in the first place,” said Filippo Zingariello, director of global strategic development at SKF. Railway operators and wind farm owners were among the first to deploy the concept.

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The Talent Crisis in U.S. Engineering

Harvard Business Review

For example, if engineers don't possess the know-how needed to limit the material and energy cost of setting up and operating cloud services, IT can't scale as it needs to. Offshoring manufacturing and design. to lower-cost geographies, but the design work continued in the U.S. Data storage was very tangible.