The Power industry is going through profound changes, with environmental compliance, energy conservation and importantly, digitalization shaping its very future. Companies and professionals who can keep up with the pace of change are key to Power industry, with hiring expected to massively grow over the next decade.
Across the globe what is happening in the Power industry varied, but worldwide countries are considering the transition to green and renewable energy. Rising energy prices in the UK and mainland Europe mean countries affected need to consider their transmission infrastructure, while in Asia Pacific, investments in offshore projects keep coming. At COP27 nine countries agreed to boost offshore wind power, across the Americas, Europe, and Asia.
‘Smart’ grids are addressing the operational inefficiencies of an ageing infrastructure in existing electricity distribution grids and to place greater emphasis on demand response. At any one time, an estimated 15 trillion watts of power are being used across the planet – that’s the equivalent of powering ten billion 100-watt light bulbs simultaneously.
No wonder that power transmission, distribution, and storage (TDS) is experiencing fast employment growth in the energy sector. The industry grappled with Covid-19, which led to unprecedented global shutdowns and job decreases, but at the end of 2020 Power & Energy jobs had returned in waves. Continued energy investments meant that in the US, there were increases in jobs in Wind Generation, Battery Storage, Hybrid Electric Vehicles, and Electric Vehicles.
Over 2.3 million Americans are employed in the power transmission, distribution and storage sector. The majority of job growth worldwide is stimulated by grid or other utility-funded modernization projects.
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