The new power generation… 5 years on!
Cast your minds back to 2017, Donald Trump was inaugurated as the 45th President of the United States, Prince Harry announced his engagement to Meghan Markle and the only thing most of us knew about Corona was that it was a brand of beer that went well with a slice of lime!
In 2017 we also wrote a guest blog for Energy World, the monthly journal published by the Energy Institute, where we introduced the challenges facing the Energy sector.
Five years on, the world is certainly not the same, but what’s changed in the Power Generation sector between 2017 and 2022 and what are the new power generation challenges in 2022? Our energy expert Lee Elwell takes a look below.
In 2017, we reported that the energy sector is transitioning from traditional to renewable generation, and assets and infrastructure are also undergoing major renewal, with new connected technologies radically shifting the types of skills needed to meet future requirements.
What’s happening in 2022? Massive transformation! A big driver of the evolution in the sector is due to the 26th UN Climate Change Conference of the Parties (COP26) in Glasgow in November 2021. A pledge was made at COP26 to, among other things, try to keep temperature rises within 1.5 degrees, to reduce use of coal and increase money to help poor countries make the switch to clean energy.
UKCop26 also stated that ‘The power sector accounts for a quarter of global greenhouse gas emissions but there was a big opportunity: solar and wind power are now cheaper than coal in most countries, generating more jobs, and giving us cleaner air.’
An increased focus on decarbonisation and sustainability as a whole, including an overall emphasis on reducing the amount of plastic in the world (with research conducted into how to turn plastic into green generation).
An increase in electric vehicles – There were 397,497 Battery – electric vehicles registered in 2021 compared to 44,266 BEVs in 2017. An increase of nearly 800%. This increase is likely to add pressure to the electricity grid and infrastructure, something that companies are working hard at addressing.
Rise of nuclear power
One way in which The Government plan to reduce Oil and Gas reliance is by increasing their use of nuclear energy instead. Most of the original nuclear plants are reaching the end of their life but the Government is committed to delivering up to eight new reactors overall with the aim of approving one a year by 2020. The Government has already backed the construction of Hinkley C in Somerset.
The Russian invasion of Ukraine in February 2022 has led to a necessity for Europe to decrease its reliance on Russian oil and gas, and are looking at options to source fossil fuels from emerging areas in Africa as an alternative. As Frost & Sullivan recently reported ‘the amount of oil & gas storage capacity will also increase as an insurance against future supply disruption’.
New public body to oversee the energy network
As a result of the above the UK Government recently reported that ‘The Future System Operator (FSO), to be launched once legislation is passed and timelines have been discussed with key parties, will look at Great Britain’s energy system as a whole, integrating existing networks with emerging technologies such as hydrogen.’
Power Generation recruitment
The Power Generation world continues to evolve and expand and we’re here to help you whatever your staffing or recruitment needs.
Jonathan Lee Recruitment has been matching quality candidates with leading companies for over 40 years now, and, we have energy specialists supporting power generation and energy professionals and businesses nationwide.
We understand the current candidate shortage being acutely felt in the sector and we have the knowledge, experience, and contact pool to help you through challenging times. Click on the link for more information about our Power Generation recruitment services.