By Paul Copland, EY Scotland Mental Health Sponsor and Senior Audit Partner
When I started my career, I was the first year group to receive a personal laptop. Access to email was not widespread, files were paper and your best friend was your giant key calculator (or an ‘adding machine’, real old school auditing).
While substantial investment uncertainty remains in the UKCS, the year has seen examples of risk-reducing policies from an investor standpoint, writes Professor Alex Kemp
As we approach the end of one year and look ahead to opportunities and ambitions for the next, I think it is clear to see that the UK stands on the brink of a remarkable opportunity to lead the charge in the global energy transition.
From wood to coal, to oil and nuclear, all our industrial revolutions, all our energy transitions, have been driven by people, writes OPITO chief operating officer Alex Spencer.
“I couldn’t help but wonder what it would be like if that sense of individuality intersecting with a sense of belonging was translated into our workplaces”.
With an ongoing cost of living crisis, war in Ukraine, and increasingly evident impacts of climate change, energy policy has been firmly at the centre of the political debate.
By Neil Gordon, chief executive Global Underwater Hub
For many in the underwater industry, the last 12 months can be best summed up as confusing. Shifts in energy policy coupled with the turmoil in the global offshore wind markets have led to uncertainty in the supply chain which can only thrive on certainty.
It is fair to say 2023 has been a tough year for the wind turbine industry. After years of exceptional growth, accelerated technology innovation and declining costs, the sector was hit with multiple challenges sending ripples of delays and doubts.
By Azad Hessamodini, Executive President of Consulting at Wood
As Dr Sultan Al Jaber, COP28 President, reiterated in his concluding remarks, “an agreement is only as good as its implementation. We are what we do, not what we say”.
By Mark Wilson, HSE and operations director at Offshore Energies UK
The delivery of the energy transition will be one of the greatest engineering challenges and opportunities of our time. Failing to recruit, retain and attract the necessary capabilities and expertise into the industry will jeopardise the UK’s ability to meet its energy security and climate goals. Connected Competence must be part of that solution.
By Christine McGregor, Managing Director at BayWa r.e. UK
There is undoubtedly a worldwide transition towards renewable energy underway, with global additions of renewable power capacity expected to jump by a third this year.
A worrying aspect of the global energy transition now gathering pace is how impoverished countries with large oil and gas discoveries react to wealthy nation rhetoric telling them that they should kiss the chance of making $billions goodbye before they’ve even started harvesting the resource.
By Mohamed Houari, Global Managing Director, DNV Inspection
‘Everyone has a plan until they get punched in the mouth’, to coin Mike Tyson, and rolling with the punches is easier if you’re agile and prepared to change.