Liam Macintyre - Competence in Energy Transition The APM Scotland Branch have continued the face-to-face Branch Conference series with a full day event on 7 September 2023. Considering our ever changing environment is a vital skill for a Project Manager as they bring together a wide range of knowledge and expertise to fulfil projects in an ever evolving world where data, artificial intelligence and sustainability all play an important part.

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Competence in Energy Transition
Parallels with retrofitting a 150 year old family home
07/09/23

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Speakers Name
Job Title, Company
Understanding society

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What is the energy efficiency of your home?
Select:
• A-G
OR
• I don’t know?

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The barriers to action
You didn’t realise the impact?
You don’t hold the
knowledge?
You don’t trust ‘the experts’?
You can’t find skilled trades?
You never see your money
back?
Your House

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Presentation
Title
Speakers Name
Job Title, Company
Built in 1857. Minimal insulation. Single glazed. Lots of historic bodging.
Skills parallels in shaping our energy future

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The barriers to action
The Energy Sector
Clarity on macro environment?
You don’t hold the knowledge?
Experts contradicting opinions?
Supply chain investment reluctance?
There is no route to market?
Your House
You didn’t realise the impact?
You don’t hold the
knowledge?
You don’t trust ‘the experts’?
You can’t find skilled trades?
You never see your money
back?

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Research Engaging Experts Developing new
competence
+ +
Be Curious – Consciously (#1 of 6)

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Speakers Name
Job Title, Company
‘Fluffy’ – Adjective, lacking in substance
Get comfortable with fluffy (#2 of 6)

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Presentation
Title
Speakers Name
Job Title, Company
Be cautious of simple answers (#3 of 6)

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Speakers Name
Job Title, Company
But what if the rules were to change?
• What if Gov adjusts policy?
• What if next generations can’t stand
the cold?
• What if energy prices stay high?
What future changes could affect the
value of your business model? My new house has lost me money…or has it?
Consider underlying business models (#4 of 6)

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Quantify and mitigate risk, before allocation of risk (#5 of 6)
Requirement for additional works uncovered

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Projects benefit from alternative contracts
when:
There are challenging cost or schedule targets
There is a need for new technology, designs or solutions
to be developed and the knowledge does not fully reside
with one party
It is difficult to fully define the risks and to allocate them
to one party, i.e. there is a mutual benefit in sharing the
risk
The scope can only be defined over time
There is a programme or portfolio of projects to be
executed and a collaborative approach will enable
synergies and learnings to be carried through the
portfolio
There is a need to secure access to key resources. (e.g.
specialist vessels, cable, fabrication etc) on a medium or
long-term basis
Quantify and mitigate risk, before allocation of risk (#5 of 6)

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Quantify and mitigate risk, before allocation of risk (#5 of 6)
Contract
value ($)
Time
Contract
award
Contract
completion
Lump Sum:
• Client does not benefit from cost savings
• Limited Contractor incentives to reduce VO
impact
OPEN BOOK CONTRACT
CONVERSION
More cost certainty
due to early
engagement with
Developer / better
scope & spec.
definition
Open Book Contract Conversion:
• Client and Contractor gain from:
– Cost savings
– Reduced impact of VO’s
– CAPEX vs OPEX considerations
• Shared incentives = extra level of added
value
– Motivate the right behaviours
– More likely to succeed
– Work to reduce risk
Optimised integrated
solution matching
integrated contractor
capability
Price competitiveness
maintained
Provisional Sum/Reimbursable:
• Upside and downside for Client, but not
shared interests
• Limited Contractor incentives to reduce
cost or VO impact

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Quantify and mitigate risk, before allocation of risk (#5 of 6)

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Leverage diversity and inclusion (#6 of 6)

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…and the 150 year old House...?
• Targeting EnerPHit standard:
– Substantial insulation
– Triple glazed windows
– Airtight construction + MVHR
– Minimised thermal bridging
• Heating Load – 15.3 W/m2
• Heating Demand – 24.9kWh/(m2a)
• ~£350yr energy consumption
• Target completion - Aug Nov 2023

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Lower Carbon
Oil and Gas
Carbon Capture
Utilisation and Storage
Fixed and
Floating Wind
Hydrogen
Digital Solutions
We create sustainable
value by delivering
the offshore energy
transition solutions
the world needs.
OUR STRATEGY
1. Be Curious - consciously
2. Get comfortable with fluffy
3. Be cautious of simple answers
4. Consider underlying business
models
5. Quantify and mitigate risk,
before allocation of risk
6. Leverage diversity and inclusion
Energy Transition – a complex ecosystem which requires
‘system wide’ change
…including from me & you…

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