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Renewable energy is becoming increasingly popular as the world looks for more sustainable and environmentally friendly sources of power. With this shift towards renewable energy, there are also new trends emerging in the supply chain and risk management of these technologies. In this blog, we will explore some of the latest trends in renewable energy supply chain and risk management.
| Trend | Statistics |
|---|---|
| Increased Investment | $332.1 billion was invested in renewable energy in 2018 |
| Supply Chain Transparency | 67% of consumers prefer products from companies with transparent supply chains |
| Risk Management Strategies | 72% of companies have a formal risk management strategy in place for renewable energy projects |
| Blockchain Technology | Blockchain is being used to increase transparency and traceability in renewable energy supply chains |
As you can see from the statistics above, there is a growing interest and investment in renewable energy. Companies are also recognizing the importance of transparency in their supply chains and are implementing formal risk management strategies to mitigate potential risks.
One of the emerging technologies that is being used to improve supply chain transparency is blockchain. By using blockchain technology, companies can track the origin of renewable energy sources and ensure that they are coming from sustainable and ethical sources.
Overall, the latest trends in renewable energy supply chain and risk management are focused on increasing transparency, reducing risks, and promoting sustainability. As the world continues to shift towards renewable energy, it is important for companies to stay up to date on these trends to remain competitive in the market.