SIA Contingent Workforce Strategies 3.0: Creative staffing strategies needed for renewable energy market to reach its potential
Renewable energy is a burgeoning industry, projected to reach $1.8 trillion in revenue within five years. The transition to green energy is a primary focus for most large utilities in the US who have committed to reducing their carbon emissions with many working towards using 100% clean energy. With incredible growth comes significant headwinds, a chief one being talent. Booming businesses need experienced workers, and the renewable energy industry is in the midst of an extremely competitive talent acquisition market.
Associate Director, Stuart Semple says “One of the ongoing challenges that we see with the renewable energy space is that there’s continued investment, with more companies popping up, and they’re all trying to tap into the same talent pool.”
To give an example, building a renewable energy infrastructure requires engineers to design energy storage systems, transmission systems and substations. However, experienced engineers are in short supply. In a recent report by McKinsey & Co. research, it is projected that the industry will need an additional 1.1 million blue-collar workers by 2030 in order to develop and construct wind and solar plants and another 1.7 million workers to operate and maintain them.
In the long term, there is a need for the renewable industry to excite younger generations on the opportunities to pursue fulfilling careers in renewable energy. That’s where the Spencer Ogden Advantage comes in; Access to talent, subject - matter expertise and thought leadership are what makes us stand out as leaders in global and energy infrastructure recruitment.
Read more on The Spencer Ogden Advantage and Keys to Successful Recruiting Across Industries in Staffing Industry Analysts (SIA) Contingent Workforce Strategies 3.0 Newsletter here.
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