Will retraining benefit workers from higher wages in the energy sector?

Workers coming from outside the energy sector will be essential, and with some retraining, many workers today could benefit from higher wages in the energy sector.

What is Energy Employment Dynamics Research?

To fill gaps in energy employment dynamics research, the WEE takes inventory of current employment and models potential changes to the energy workforce under different scenarios through 2030, including the potential for worker transfer between declining fossil fuel industries and growing clean energy sectors.

Will the energy transition have a positive impact on jobs?

Projections under several energy transition scenarios demonstrate that the energy transition will have a net positive effect on jobs through 2030, with job additions in clean energy sectors far outweighing declines in sectors associated with fossil fuels.

Are skilled labour shortages a barrier to energy growth?

However, a growing number of energy industries are citing skilled labour shortages as a key barrier to ramping up activity, according to a proprietary survey carried out by the IEA with 160 energy firms globally.

Why is the energy workforce under scrutiny?

Today, the energy workforce is under increasing scrutiny due to concerns over skilled labour shortages and the impact on livelihoods of millions of workers employed in sectors which are expected to decline as the energy transition progresses.

Are energy sector jobs in demand?

The report finds the number of workers pursuing degrees or certifications relevant to energy sector jobs is not keeping pace with growing demand. This is particularly the case for vocational workers like electricians specialised for energy-sector work, as well as professionals in science, technology and engineering.