Steven Munday
SUSTAINABILITY
Volatile energy costs a problem Respondents say the rising cost of materials and labour – coupled with volatile energy prices – is impacting income and growth , potentially reducing the scope for future investment in the sector .
Difficulties in attracting and retaining talent ( 32 %) also figures prominently as a supplier problem , as the industry faces major workforce challenges , as demand for green jobs outpaces the availability of qualified workers across the supply chain .
Other problems mentioned include shortages , delays , economic issues and geopolitical instability , while sustainability and cybersecurity are also concerns .
Contractors , suppliers and equipment manufacturers working on major renewable energy projects frequently share systems , adding potential entry points for malware into sensitive equipment .
Steven Munday
TITLE : GLOBAL RENEWABLE ENERGY LEAD
COMPANY : WTW INDUSTRY : ADVISORY SERVICES
Munday has been with WTW for seven-and-half-years , prior to which he was Renewable Energy & Power International Practice Leader for risk-management specialist , Marsh . supplychaindigital . com 71