Mindy (4)

​James Pipe, Executive Director at Spencer Ogden, speaks about the significance of the commitments made at COP28 and its implications for the renewable energy sector, particularly when it comes to talent acquisition and addressing skill shortages. Pipe highlights the importance of COP28's focus on renewables, marking a significant shift in recognising renewables as a crucial asset class for decarbonisation and electrification efforts.

​

James sheds light on the talent challenges exacerbated by COP28, particularly in the context of the existing shortage in the renewables market. With ambitious targets set to grow to 11 000 GW of renewable generation assets by 2030, the demand for skilled professionals, especially in electrical engineering and project management, is expected to soar. This poses a global challenge in sourcing and attracting talent across various sectors.

​

Spencer Ogden has been proactive in addressing talent shortages through various initiatives. One notable strategy involves tapping into cross-sector talent pools, particularly individuals skilled in offshore and gas markets, and transitioning them into renewables, such as the offshore wind industry. By educating both talent and clients about the transferability of skills, Spencer Ogden aims to bridge the gap between demand and supply in the renewables workforce.

​

To mitigate skill gaps, Pipe emphasises the importance of cross-sector skill transition,ongoing education and training for existing talent, and collaboration with educational institutions to prepare individuals for roles in the renewables sector. By adopting a collective approach, the industry can effectively address the critical skill shortages that hinder its growth.

​

Despite challenges such as inflationary pressures and material costs, the renewables market presents a promising landscape post-COP28. With a clear focus on climate action and ambitious targets set to drive renewable energy adoption, the sector offers significant opportunities for career growth, innovation, and investment. COP28's spotlight on renewables underscores the urgency and importance of talent development and acquisition in the renewable energy sector. Through strategic initiatives and collaboration, industry stakeholders can navigate talent challenges and capitalise on the vast potential of renewable energy to drive global sustainability efforts forward.


If you’ve found this article useful and would like to hear more of what James has to say on the effects of COP28’s commitments on talent, you can dive deeper with our latest report, Powering the Energy Transition.

​

Topics covered

Industry insights