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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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Taking a Look at the Future of Oil and Gas Industry

Strategy Driven

Activists and politicians demand the modernization of energy production, supply, and consumption. In the meantime, alternative sources of energy, such as solar and wind, are surging. Figures there and elsewhere suggest they are the fastest-growing energy option on the globe. Sustainability is the new business benchmark.

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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. Offshoring isn't going away, but companies will have to be smarter about it. Outsourcing must be part of a larger global strategy.

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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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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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Emerging-Market Engineers Power Global Innovation

Harvard Business Review

We estimate that tens of thousands of engineers and scientists working for top innovators are actually located in their offshore technical centers in the BRIC countries (Brazil, Russia, India, and China); these are often called "captive" R&D centers or offshore R&D locations. Offshore Outsourced Product Development.

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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.