One of the Construction Innovation Hub’s core themes is Value: ‘driving better social, environmental and economic outcomes through value-based decision making’.. Meeting the technical requirements would be the entry criteria for a vendor, evidenced through aspects such as CQP (.
In other words, the disintermediation will start to bear significant fruit.While the Tier One role is likely to see the biggest change and will probably face the biggest challenge ahead in terms of evolving their mindsets and positions for the future models, the SMEs might be doing more of what they do, but better and more consistently.
SMEs make up a massive portion of the industry, with significant diversity, and we’ll probably also start seeing disruptors in this space as well..The Construction Innovation Hub is currently working with a wide range of partners including individual consultants and small companies.This includes SMEs with new approaches, technologies and kit developed to support the manufacture of products set to become part of these platform (P-DfMA) systems.
The Hub is also working with the companies who will actually be onsite, and who understand how these systems work and effectively integrate in order to facilitate delivery of the built environment itself.. Then there are the companies working in areas like MEP and facades.In some respects they’re the easy ones, because many of them are already manufacturing products.
They’re familiar with manufacturing processes and, in some cases, are already supplying other industries and familiar with other mindsets and cultures.
They’ll easily adapt to this future delivery model.. As the SMEs grow and invest in their capabilities, we’ll see more drive from that supply chain side because of the confidence they’ll have in the pipeline, and the opportunity to be secure in that investment.Of particular concern is the fact that we're currently expecting to see two terawatts of coal still in operation by mid-century, which would use up the entirety of our remaining carbon budget.
The urgency of the situation is heightened by the fact that current energy demand projections are likely incorrect, and don’t account for the vast increase in demand we’ll see as a result of the projected population increase of four billion people.. Coal is contributing not only to electricity generation, but to industrial emissions as well, and unfortunately, the reality is we don’t really know what trajectory we’re on with temperature increase and the climate emergency.The International Energy Agency modelling predicts a 1.8 degree trajectory, but that figure is based on all of the current commitments being met on issues like deforestation, methane emission reductions, and the updated nationally determined contributions (NDCs).
Realistically though, it’s unlikely all of the commitments will be met..Furthermore, the 1.8 degree figure doesn’t include any meaningful increase in global energy access.
(Editor: Space-Saving Timers)