Reinventing the Energy Value Chain

Book excerpt: Built on the foundation laid by David Jacoby's 2012 book Optimal Supply Chain Management in Oil, Gas, and Power Generation, Reinventing the Energy Value Chain expands those concepts to address energy transformation. As the push for diversification of energy sources continues, this book takes a pragmatic view. It provides a toolbox of techniques to successfully manage the range of complex tradeoffs that are inherent in capital projects and operations & maintenance across energy technologies and apply best practice techniques to emerging energy industries - from the small to the large project, and from solar to nuclear and everything in between.The book is broken into two parts. Part one provides a conceptual framework for value chain management in the energy sector. It lays out the objectives, key business processes, and performance metrics that provide useful guideposts. It offers first principles that should guide value chain initiatives in the energy industry and explains how to organize supply chain management activities. Part two includes initial chapters on capital project and operations management and explains overall tools and techniques that are relevant to energy supply chains broadly speaking.