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Project delays, budget overruns could cost energy industry trillions

from Smart Grid News

New research from Accenture paints a pretty grim picture for capital project investments for utility and oil and gas industries over the next several years: delays and budget overruns are expected to cost them trillions of dollars. The International Energy Agency has predicted that global energy demand will jump 51 percent by 2035, and that energy industries will spend almost $38 trillion in that period to meet the growing demand. more

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