jobs
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Workforce
BP Cutting Thousands of Jobs in Effort to Reduce Costs
UK energy giant BP said it will cut more than 5% of its global workforce, as the company continues a plan to reduce costs as it transitions to more operations outside of its oil and gas business. The London-based multinational group on Jan. 16 said it would lay off about 4,700 workers, and also cut […]
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Commentary
Gauging the Impact of Trump 2.0 on U.S. Energy and Jobs
During the 2016 U.S. presidential campaign, then-candidate Donald J. Trump took an extremely tough stance on bringing back jobs lost to foreign countries by incentivizing domestic manufacturing. Trump took a hard line against the Clean Power Plan, many times referring to it as a “jobs killer” and an “inflation creator.” Energy independence became a resounding […]
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Hybrid Power
DOE Loans Office Will Support Solar, Energy Storage Systems in Puerto Rico
The U.S. Department of Energy (DOE) Loan Programs Office (LPO) on July 18 announced a conditional commitment for a loan guarantee of up to $861.3 million to Clean Flexible Energy, LLC. The money will finance construction of two solar photovoltaic (PV) farms equipped with battery storage, and two standalone battery energy storage systems (BESS), in […]
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Solar
Struggling SolarEdge Technologies Will Cut 400 Jobs
SolarEdge Technologies said it would lay off about 400 workers, including 200 in its home country of Israel, as the company tries to become more financially stable. SolarEdge on July 15 announced the job cuts in a letter to employees. The company, which said it had about 4,600 workers prior to the layoffs, had announced […]
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Nuclear
SMR Leader NuScale Cuts 154 Jobs as Nuclear Company Restructures
NuScale Power, among the best-known companies developing small modular reactor (SMR) technology, said it would cut 28% of its workforce as the company looks to save $50 million to $60 million annually. Rumors of job cuts surfaced last week with online news service HuffPost reporting employees were told of the restructuring plan at a meeting […]
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Workforce
Training Fossil Fuel Workers to Transition to Renewables Industry
Coal, oil, and natural gas have a long history as the world’s primary energy sources. Many communities have sprung up around mines and drilling sites, and generations of people have relied on hardworking laborers to brave the cold, darkness, or rough seas to keep the lights on at home. As the world transitions to renewable […]
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History
How the ‘Great Resignation’ and Disengagement Are Affecting the Power Industry
The “Great Resignation” is a term used to describe a widespread trend that took shape over the past few years of employees voluntarily changing jobs in large numbers. The phenomenon gained traction during
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Wind
Ways to Address the Wind Power Technology Talent Gap
In the face of climate change and clean energy mandates, the demand for affordable, resilient and renewable wind energy is set to accelerate. While it took the global wind energy sector 40 years to reach one terawatt (TW) in installed capacity, expected by the end of this year, it will take just eight years to […]
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Power
Help Wanted: Retirements and the Energy Transition Lead to Job Openings in the Power Industry
It seems like industry insiders have been lamenting the aging power workforce for decades. Yet, there is still a large percentage of workers in the current workforce that are retirement eligible—some studies suggest the percentage is as high as 40%. Meanwhile, the energy transition has created a large number of new jobs building and operating […]
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Workforce
Power Industry Jobs Outlook and How to Find the Best Talent
The number of power plant operator jobs is shrinking, but paradoxically, the number of job openings in the field is growing. Managers have their hands full finding and retaining the people they need. In this