NOF – Energy Transition

THE ENERGY TRANSITION

We are at a pivotal moment in our efforts to tackle climate change and companies in the energy sector supply chain have a key role to play in addressing this most significant of challenges

The energy sector is a major contributor to the climate change issue, accounting for more than two thirds of global greenhouse emissions. Therefore, if we’re to achieve net zero carbon emissions, harnessing the innovation within the supply chain is essential and help companies enter markets where they can apply their expertise, such as offshore wind and hydrogen.

Two-fold strategy

The energy transition is very much a two-fold strategy. Firstly, of course, it’s about moving away from the use of fossil fuels, replacing them with renewable and clean sources. It is also, about helping the supply chain that has operated in the traditional hydrocarbon energy industries diversify to transfer their skills, technologies and capabilities into renewable energy as well as contributing to reducing the environmental impact of oil & gas production through innovation and efficiencies.

For NOF, as the UK’s leading energy sector business development organisation, this is a strategy we have been driving for more than a decade. From the infancy of the offshore wind sector and the growth of the UK nuclear sector, NOF has consistently advocated diversification among the supply chain. And now, with net-zero very much the target, we are working with the supply chain to position itself within the energy transition space.

Opportunities

There are considerable opportunities for well-informed companies that understand the new energy requirements. Through our extensive network and contracts to support supply chain development for offshore wind projects such as the Dogger Bank Wind Farm and the Sofia Offshore Wind Farm, Whitetail Clean Energy’s power plant, which will be the UK’s first 300MW Net Zero power station, and the world’s first commercial scale gas fired power station with CCS, Net Zero Teesside Power, NOF is ideally positioned to provide effective business development assistance for supply chain companies.

These particular projects also demonstrate how North East England is fast becoming the epicentre for energy transition.  While there is no doubt this is a national, and indeed international, challenge, in the UK, North East England is proving to be a major contributor to net zero.

Business development activities

Through our business development activities, we are playing a central role in connecting the supply chain to these and other clean energy projects.  This includes a series of events, ranging from project specific briefings and ‘meet the buyer’ supply chain development sessions to energy transition conferences, the first of which took place recently.

These events provide invaluable insights into project requirements and progress and also allow suppliers to meet with contractors and operators as well as developing collaborative relationships with other supply chain companies. Additionally, the sessions educate companies on how to successfully bid for work along with the accreditations and industry standards required to operate in these markets. Armed with this knowledge and connections to key projects, suppliers can make an important contribution to our journey to net zero.

As the home of the first industrial revolution, the UK can once again be pioneers, creating a green and sustainable future led by an innovative supply chain at the heart of the energy transition.

Joanne Leng MBE
Chief Executive
NOF

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