How complexity science is reshaping our understanding of markets, technology, and human systems—including energy markets.

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Introduction

Complexity science is a powerful lens for understanding not just physical or biological systems, but also markets, organizations, and human behavior. In this paper, I explore how complexity theory offers valuable insights for leaders in the energy industry and beyond.

Key Concepts

Applications to Energy and Markets

Energy markets and infrastructure networks display all the hallmarks of complex systems. Key takeaways from complexity science include:

Leadership Implications

For boards, executives, and policymakers, complexity science teaches humility about prediction, the value of adaptive capacity, and the dangers of over-optimization. Leaders in the energy space can benefit greatly from integrating these concepts into risk management, capital allocation, and strategic planning.

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