What are The Renewable Energy Market Trends and Forecasts from a recruiter’s point of view?

Resilient renewables

The last few quarters proved to be a difficult time for many energy companies that have seen
demand collapse. Since Renewable Energy companies have delivered a much smaller
proportion of energy, for example with companies shutting down and factories closing, less
energy was required and hence demand went down, they are somewhat less impacted by the
current slowdown. As energy demand increases, renewables companies will be re-energized
along with all energy companies.
Recruiters see this as an opportunity for hiring managers at renewable energy companies. As
traditional oil and gas energy sources get squeezed and re-calibration of the value of labor in
that sector goes downwards, renewables are most likely to start looking like an even more
attractive career path for all sorts of people – from project managers, planners/schedulers,
construction workers – right up to the top-level C-suite roles that bring much-needed
experience.

Candidate opportunities

Job Positions such as Operations & Maintenance and Commissioning are key job profiles
flourishing in the renewables industry. With skillsets similar to equivalent roles in the oil and gas industry and green energy sector, there are definitely opportunities for candidates looking to switch industries.

Many of the clients are moving forward, probably a little slower right now though. The industry is adapting to the situation and even getting a little creative! Renewable energy projects come under ‘Construction, Manufacturing, and Energy’ as essential businesses, so there’s room to keep moving.

The long-term future for the Renewable industry appears safe & secure in many regions. The
underlying long-term trend sees a shift to renewable energy sources as a greater proportion of energy production. Slowly global efforts are leading to this changed new environment. Which is better for humankind as a whole. We will be able to live in a world that is less polluted.

Huge oil and gas operators see the need to have some focus on green initiatives. Many
Companies such as Shell and BP have allocated a budget full of resources to develop green
initiatives in order to meet Net Zero carbon production goals within this century. These efforts
are supported at governmental levels and industry protocol levels. The clean energy sector is
moving forward and expanding.

Unexpected consequences

One of the most unexpected yet positive consequences of Covid-19 has been the impact of
reduced emissions globally. There are numerous examples of the ways that nature has
recovered and rejuvenated. The future benefits offered by sustainable green energy have been
glimpsed, and it is unlikely that current generations will allow the window to be fully closed.

Looking for a job in Renewable Energy?

If yes then this is for you-

As the renewable energy industry moves forward and grows, so does the demand for talent and professionals to work within it, bringing exciting new career prospects. Ready to get started? We wish you all the best to research and develop your skills to hit the floor soon!