What Does The Global Energy Industry Job Market Look Like In 2019?
- Jul 22, 2019 12:58 pm GMT
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The global energy industry has seen a lot of changes over the past few years. However, these changes show no sign of slowing down. Because of that, there are a number of different trends that may keep going throughout 2019.
But, what does that mean for the global energy job market in 2019 and going forward? Some trends over the past few years have meant that the amount of new jobs created in the sector decreased year on year for the past few years.
Having said that, there are a number of things that have a positive outlook for jobs in the energy industry worldwide.
Resilience In Infrastructure Continues To Grow
The last few years have seen a number of natural disasters across the world, with this being especially true in the likes of America and Japan. Because of that, however, there has been a growth in the number of job positions in infrastructure and related fields.
Because of these natural disasters, more and more countries are looking to develop more resilient infrastructure and that includes more reliable power grids. With that in mind, it looks like there will be an increase in the number of positions available in this sector.
If the likes of recent hurricanes and storms are anything to go by, there won't only will there be a need for the development of these grids and structures. On top of this, there will be a vast number of maintenance and repair positions up for grabs over the next few months.
Renewable Energy May Have Some Road Bumps
Renewable energy will continue to rise in popularity, and because of that there will be more and more jobs available for those skilled in many aspects related to renewable energy. With that in mind, it's expected that the job market there will continue to grow over the next few years.
Having said that, there have been a number of road bumps in the likes of America and a few other countries. For example, there are some unintended consequences from policies from America's current policies. Recent tariffs could be the loss of thousands of jobs related to the renewable energy market.
While that's a definite dent, the overall job market in renewable energy should continue to grow globally if any recent trends are to go by. After all, renewable energy is now almost as popular as oil and gas. Because of that, we'll keep seeing more and more jobs open up worldwide in this sector.
With that in mind, the market presence for renewable energy will only continue to increase. Because of that, many people may want to consider re-skilling or up-skilling during the year.
There's A Digital Transformation
Not every position in the energy industry has to do with the manufacturing and installing of energy infrastructure. In fact, there's been a digital transformation in the worldwide energy industry over the past few years which doesn't show any signs of slowing down.
Because of that, there should be many jobs opening up in the development of many technologies related to the energy market. Many of these include the likes of big data and even artificial intelligence. Many of these technologies have a direct impact on the energy industry and can even help them become more effective.
With that in mind, it could be expected that many more technology related positions will open up in the job market. This may have a negative impact on a number of other positions, however, as many power plants become more streamlined. This could leave many people being replaced as these kinds of technology become more mainstream.
While many trends will come and go, each of the trends above should have an impact on the job market in the energy sector. Because of that, they'll definitely make their presence felt during 2019. The worldwide energy industry is set for further transformation throughout the year, so if you're working in the industry then these trends are definitely something to look at during the entire year.