From: Utilities-me.com
by Baset Asaba
Difficulties arising from operating in more technically challenging physical environments is the number one risk on the minds of executives in the power and utilities sector, according to a new Natural Resources Risk Index and top ten ranking released by Willis Towers Watson (NASDAQ: WLTW), the leading global advisory, broking and solutions company.
According to Willis Towers Watson’s Natural Resources Risk Index 2016, the top three risks affecting power and utilities companies are: operating in more technically challenging physical environments, currency and interest rate fluctuations creating uncertainty, and increased cyber security and data privacy risks. Natural disasters and epidemics, the difficulty attracting and retaining key talent and a general shortage of industry specific skills ranked fourth, fifth and six in the Index respectively.
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