Engineering construction firms operating in the UK’s Power Generation sector are set to grow their headcount by a third by 2023 compared to pre-pandemic levels, according to a new report published by the ECITB.
The power generation sector includes supply chain companies involved in electricity generation from coal, oil, and gas, which collectively employ 5% of the ECI workforce. Analysis of the survey data provided by ECITB-registered companies, shows that employers are optimistic about workforce growth expectations, with a 33% increase anticipated on pre-pandemic levels by 2023.
Compared to other parts of the engineering construction industry, the power generation sector has a relatively young workforce and a high proportion of workers under 50 years old (67%) compared to the ECI as a whole (61%). Consequently, the pressures expected in other parts of the ECI due to high numbers of soon to be retiring workers may not be as stark in the power generation sector.