Net Zero News - Issue 32
The global shift towards net zero emissions will not only hold significant environmental benefits but could also help to drive diversification and innovation across the energy supply chain.
As governments and energy operators commission a growing number of energy transition projects, from solar farms to wind turbines, hydrogen and carbon capture, the ripple effect on the supply chain will be significant. Where countries such as the UK move away from traditional fossil fuel energy production methods, this provides an opportunity for the supply chain to reposition their businesses and change their service offering to meet new market demands.
The positive financial impact from delivering net zero is already proving beneficial, accounting for ￡83 billion to the UK’s economy last year according to the latest analysis. It represents a 10% growth, which the Energy and Climate Intelligence Unit (ECIU) says equates to 951,000 full time jobs. This sector growth and increased job opportunities reaches across the energy supply chain.
The role of the supply chain in achieving net zero
Supply chains are complex, encompassing everything from product design to the delivery of raw materials, components, auxiliary equipment and technology. For supply chain businesses that focus on areas such as manufacturing and fabrication, new skills may be needed to transition production capability to a new sector. Whereas technology providers may be able to identify new applications where their specialised technology could be adapted.
Considering the wide-reaching requirements to support net zero energy transition projects across the UK and globe, opportunities will also be available for suppliers to move into new geographical territories and emerging energy production methods.
However net zero is achieved, the supply chain will play a crucial role.
Diversifying to benefit from net zero
Investing in time to understand how your business could diversify to attract new business in net zero energy production methods, could help to reshape the future growth of your business. Creating new revenue streams and new clients, whilst providing the opportunity for your workforce to learn new skills and expertise.
Networking is a great way of building new business connections, whilst learning more about the needs of energy and engineering companies as they plan their net zero projects. Organisations such as NOF, provide a busy events calendar to connect key companies with suppliers, as well as facilitating industry introductions for businesses which can be advantageous when looking to diversify. Whilst the Energy Industries Council (EIC) provides industry insight and market intelligence for suppliers interested in working more closely within energy sectors such as renewables and carbon capture.
Collaborating to meet supply chain challenges
Net Zero initiatives often require a multi-stakeholder approach, bringing together governments, energy operators and suppliers. For supply chain businesses, this creates vast opportunities for collaboration and partnership, leading to synergies that can spur innovation and open new markets. These collaborations can also lead to knowledge sharing and the pooling of resources, enhancing the efficiency and effectiveness of sustainability efforts.
Driving innovation and technology advancement
The push towards net zero necessitates innovation, particularly in the fields of energy efficiency, storage solutions, and low-carbon technologies. Supply chain businesses that invest in research and development in these areas could not only enhance their service offerings but also position themselves competitively within the market.
Investment in technology developments can also be a great way to benefit from the energy transition, looking for innovative ways to improve processes and drive efficiencies. As well as exploring technological advances such as artificial intelligence (AI) and machine learning to streamline operations. A considerable focus will also be needed on system resilience and security, as new energy production technology will need to be robust and protected from cyber security threats.
Funding net zero diversification plans
Many governments worldwide are offering financial incentives for businesses that contribute to the net zero transition, from grants to subsidised loans. Leveraging these financial supports can provide a vital lifeline for energy supply chain businesses, reducing the cost of diversifying their businesses. Furthermore, these incentives make it more viable to invest in long-term sustainability projects that might otherwise be financially daunting.
Meeting the recruitment needs of the supply chain
To meet the significant objectives that net zero brings, it's clear that suppliers will need to invest in new hires to meet future demand. Whether that’s to bring new expertise into the business, or scale up production capability, new recruitment solutions will need to be devised to ensure workforce strategies can keep up with the order book and sales strategy of businesses.
Our recruitment teams have extensive expertise of working with businesses up and down the energy supply chain, to help them identify transferable skills and the best talent to help clients meet their growth plans. They’ve supported thousands of candidates to find rewarding roles within the energy sector and have a growing expertise supporting green energy projects with clients across the UK and internationally.
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The latest net zero roles from NRL
If you’re looking for a new role to benefit from the energy transition, then take a look at our latest roles below:
Middlesbrough, Permanent, ￡50,000 - ￡60,000 p/a
As Assistant Procurement Manager you will?develop and execute sourcing strategies with the aim of strengthening the supply chain, ensuring that all key products and services are procured in a safe, sustainable manner in line with business and project plans.? You will also have experience in managing sub contracts.
Germany, Permanent, Competitive salary
Our client's UK and Continental Europe team is growing and they are looking for an Engineering Manager to help provide support to projects across their markets.
Bridgwater, Permanent, Competitive salary
We are seeking a skilled and motivated MEH Planner to join our clients team at the HPC Nuclear New Build project. This is a fantastic opportunity to be part of a groundbreaking initiative in the energy sector. The successful candidate will play a crucial role in planning and coordinating mechanical, electrical, and HVAC (MEH) activities to ensure the successful delivery of the project.
Egypt, Permanent, $100,000 p/a
Our client is looking for a Project Director to ensure their project is executed according to PPA / EPC agreements and monitor plant design, procurement, commissioning and testing.
Warrington, Permanent, Competitive salary
Our client is looking for individuals who can apply their skills independently and as part of a team to deliver projects to the benefit of our clients. Inherently the projects are multi-disciplinary and may be at any stage in the project life cycle. The projects range from client consultancy support to complete turn-key solutions. We are currently recruiting for enthusiastic, established individuals with experience in radioactive waste management.?
Egypt, Permanent, Competitive salary
We're looking for a Solar Design Manager to work closely with Senior Solar Design Manager, Solar Procurement Managers and Business Development team assisting them in the successful delivery of design deliverables by leading coordination efforts, completing day to day tasks, and supporting the design as needed.
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Looking for more roles?
For more net zero and renewable energy roles across the UK and internationally, visit our website to see more vacancies: