TOM FOLEY
TITLE : EXECUTIVE DIRECTOR COMPANY : GHD INDUSTRY : CIVIL ENGINEERING LOCATION : UNITED KINGDOM
Tom Foley is an accomplished figure in the energy and electricity sector , marked by a deep-rooted background and extensive experience . Having transitioned from operational leadership to a strategic role , he spearheaded the formulation of the Future Energy initiative , a strategic growth endeavour that spans Europe , the Middle East , and Africa . Foley ’ s pivotal role extends to the global leadership team , orchestrating a shift towards capitalising on investment prospects in the energy transition .
Q . TELL US ABOUT GHD AND ITS ACTIVITIES TO DRIVE SUSTAINABLE BUSINESS GROWTH
» We have an ambition to grow our business by supporting our clients as their worlds change . In a nutshell , we are committed to energy , water and communities and the future of those is where we want to carry out our primary business .
The energy transition has really been a test for the region , most notably by the loss of Russian gas and concerns over security of supply . Connected , in part , to that has been the acute issue of energy affordability . And then , with recent reports highlighting concern that we ’ re just not moving quickly enough , we ’ ve seen fresh impetus for the introduction of new measures and more visible targets .
GHD is working closely with energy sector clients to develop policy and net zero pathways , engineer new energy infrastructure ; and de-risk investment in new technologies that are critical for transition success .
Q . COULD YOU EXPLAIN THE ENERGY CHALLENGES EMEA FACED AND PROVIDE YOUR PERSPECTIVE ON ITS RESPONSE ?
» We had a fairly mild winter , and so were saved very much from the full impact of the loss of Russian gas . Although many changes have been implemented , there is still concern around energy security that has polarised the industry . In one respect , it ’ s really accelerated some investment aimed at exploiting indigenous , renewable resources and , in another , delaying investment until the full effects of the crisis become known .
The energy transition will be very expensive and the market is always looking
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