The Governance of Energy Megaprojects:Politics, Hubris and Energy Security.

Ahuja, Dilip R (2014) The Governance of Energy Megaprojects:Politics, Hubris and Energy Security. Current Science, 106 (7). pp. 1017-1018. ISSN 0011-3891

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Abstract: The book under review attempts to answer the question why is it that most energy megaprojects seem to fail. An energy megaproject is defined (arbitrarily) as one that involves at least US$ 1 billion of capital investment and a geographical scale encompassing at least three countries. The authors base their arguments and conclusions on four case studies in Asia – a completed and operational oil pipeline in Azerbaijan, Georgia and Turkey that cost US$ 4.6 billion; a natural gas pipeline about half completed in Southeast Asia expected to cost US$ 40 billion if and when completed; a hydroelectric network being built in Sarawak (Malaysia), but expected to be interconnected with Brunei, and Kalimantan (Indonesia) and expected to cost US$ 105 billion; and a proposed large-scale solar array estimated to cost US$ 550 billion connecting Mongolia, China, North Korea, South Korea and Japan. This last project is still in the planning stages; no financing has been approved and no construction has begun.
Item Type: Journal Paper
Additional Information: Copyright belongs to Publisher
Subjects: School of Natural and Engineering Sciences > Energy
Divisions: Schools > Natural Sciences and Engineering
Date Deposited: 18 Dec 2014 06:54
Last Modified: 08 May 2015 10:25
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    Funders: UNSPECIFIED
    Projects: UNSPECIFIED

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