Analysis

REO joins Power Electronics UK industry think tank

4th February 2014
Nat Bowers
0

Aiming to help in the trade body’s stated aim of creating sustainable growth strategies for the industries it serves, REO has announced that it has joined the industry think tank 'Power Electronics UK'. The think tank also aims to create a sustainable supply of high quality, industry prepared graduates.

Valued at an estimated £135bn, the UK power electronics sector is growing 10% per year. However, the UK's status as a thought leader has been under threat in recent years: this is due to a lack of engineers and technicians in the 'talent pipeline'. Power Electronics UK was formed following the 2011 study entitled 'Power Electronics: A Strategy for Success', from the Department for Business Innovation and Skills. The study amalgamated insights from business, government and universities, to create an integrated plan for sustained growth within the sector.

One strategy outlined in the study is to increase collaboration between academics and key businesses, which can offer mutally beneficial competencies such as access to intellectual property. The addition of REO strengthens the think tank's portfolio of existing members, which includes Mclaren, Rolls Royce, Siemens and Schneider.

Tim Cooke, Business Development Manager, REO, comments: "Being part of the global group of REO companies gives us access to a vast library of knowledge and expertise. We are keen to share this knowledge where appropriate and, of course, develop our own expertise in return. One key area of growth is working with our customers to deliver low energy consumption and superior process efficiency to the end user. For example, in Germany we're working on projects with companies like BMW and Siemens on some highly innovative products. We can bring these insights back to the UK in collaborating with and helping both academics and other manufacturers."

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