De-risking the Green Transition: Design for Adaptability

The event will showcase a new method for future proofing our important projects within maritime, infrastructure, construction and manufacturing. The speakers will share insights about adaptability and there will be an engaging panel discussion where participants can ask their burning questions.

Why Adaptability matters

• Acceleration of the green transition as we can start building systems now that can accommodate game-changing technologies if and when they are available. 
• Pursue high risk, high reward technologies​ as adaptive systems will deliver a ‘good enough’ performance even if those technologies fail or are delayed.   
• Minimize the cost of pursuing parallel business and technology solutions​​ as adaptive systems are designed to accommodate each solution without expensive redesign.   
• Minimize business risk​​​ as adaptive systems are designed to scale and contract at minimum cost, and are also designed to integrate new technologies over their life cycles. 
• Limit plausible worst-case scenarios by creating backup options or other choices that can be exercised if and when required.  

Agenda

• 08.30-09.00: Breakfast 
• 09.00-09.30 Welcome and introduction to the research project ‘Design for adaptability’ // DTU - Implement 
• 09.30-10.00 De-risking the green transition // Mærsk McKinney Møller Center for Zero Carbon Shipping 
• 10.00-10.30 Creating a flexible factory // Haldor Topsøe 
• 10.30-11.00 Designing for adaptability // TBA 
• 11.00-11.30 Panel discussion / Q&A   

Background

Over the last two years, Implement and DTU worked with multiple organizations to study how they Design for Adaptability, how it accelerated their green transition, and how it mitigated critical financial risks. 

The green transition requires significant investment in capital-intensive infrastructure, while also facing significant technical, market and supply chain uncertainty. How can we reconcile the need to push forward aggressively with the realities of avoiding critical financial risks? 

Adaptability enables organizations to take on more uncertainty, without taking on more risk.

Designing complex engineering systems to be flexible and adaptable throughout their lifecycle has significant advantages: It lowers up-front investment – and therefore worst-case financial risks – as we only need to build what is needed right now. Adaptability gives you the option to accommodate changes and can be the best insurance you will ever buy. The ability to adapt allows us to participate in upside opportunities as demand increases. And it enables us to support emerging risky technologies, without having to depend on them.   

Organizer: IDA Risk - IDA, Engineering Society

Sign up
Sign up for IDA Risk. Register here (Remember you must be logged to at ida.dk).
(Membership of IDA Risk is free and non-binding for IDA members)

Not a member? In order to sign up, you must create a user profile. Note, when creating a user profile, you will be able to access IDA's online services - you will not become a member of IDA.

Stay informed, subscribe IDA Risk' Newsletter
Anyone can join IDA Risk 'newsletter for free and get info on the latest events: Subscribe to newsletter here.

Important information regarding personal data on participant lists:
Your name, title and company name will appear on the participant list for this event if you have previously given consent or have given consent in connection with registration to this event. The participant list is available to the organizer and the other participants at the event itself in the form of a participant list. At some events, a name tag is also given out, where your name, title and company name appear. If you unsubscribe from the event, your information will no longer appear on the participant list.
You can read more about consent here: Mine samtykker, præferencer og vilkår | Mit IDA

When you are registered as a participant at this conference, you will also automatically receive info about the next event/conference within the same subject area.