New £15m Fund To Help Beat ‘Engineering’s Biggest Challenges’

By November 30, 2018 Uncategorized

When it comes to plant and process engineering specifically, it’s a high stakes game, and where the industry faces its most critical challenges, a new fund has been put in place to help develop the skills to solve these issues.
According to Energy Voice, the £15 million fund, from the Royal Academy of Engineering and Lloyd’s Register Foundation will look to focus on three areas – skill development on a global level; safer systems for complex industrial engineering; and improved safety for decommissioning of structures.
One area of this which is of particular importance is that of decommissioning the likes of offshore oil platforms.
According to Dame Ann Dowling, President of the Royal Academy of Engineering, the global implications are extremely important in today’s connected network: “It will help to address challenges, particularly in developing economies, and will result in improved and safer through-life design and disposal of engineering systems, from hazardous waste to ships and offshore structures,” she says.
In this way, it’s hoped that the fund can help to set up ‘best practices’ that can be shared globally, and it could even be used to set up a new standards or a new code of practice. It may also affect education and how engineering is taught in time to come.
Richard Clegg, CEO of Lloyd’s Register Foundation, said that engineering skills challenges are limiting the amount of infrastructure that can be implemented, and that this fund could be a big help in this way. He also hopes that engineering firms in the UK will help to steer the concept of the fund to areas where the biggest challenges do lie.

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