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The Energy Sector Changing Landscape: The importance of understanding resilience in the Marine Energy supply chain.

conference contribution
posted on 2024-05-17, 19:22 authored by Rachel Mason-JonesRachel Mason-Jones, Jeanette Reis, Fahmida Khandokar, Andrew Thomas, Raja Sreedharan

Supply Chain Management theory explores the importance of understanding and responding to uncertainty and risk within our supply chains, which is critical when needing to examine and challenge the ‘Business as Usual’ environment. Recently key events such as Covid, BREXIT and the Suez Canal disruption in 2020 have emphasized the importance of developing resilience strategies within our supply chains. Evidence suggests that although numerous projects are being implemented in the UK to harness Marine Renewable Energy (MRE), they are often subjected to a range of challenges from, establishing required supply chain capacity for the manufacture and implementation to the ongoing maintenance and monitoring. Supply chains of relatively new and technologically advanced products, such as MRE technologies, are more complex and vulnerable to challenges, risks and disruptions (Noble et al, 2021). This can be due to several factors contributing to increasing the probability of exposure to risks and their associated impact on the supply chain.

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    AMI Conference 2024

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