Business Jason Deign - 24/March/2023

The small problems in the way of big energy projects

Rocketing bills and worries over energy security sound like the perfect excuse to pump investments into large-scale infrastructure schemes—but in Europe at least, appetite for big projects is limited

The changing nature of the energy system is dampening the desire for megaprojects already subject to cost and schedule concerns

SECURITY WORRIES Russia’s war on Ukraine has sparked energy security fears across Europe

SMALL APPETITE Security concerns are leading to infrastructure investment, but perhaps not in the kind of headline-grabbing projects you would expect

KEY QUOTE Anybody who makes a decision on nuclear is not going to get a plant up and running for ten years
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