Renewable-energy development in a net-zero world: Overcoming talent gaps

At the core of climate change is “Energy”. Traditionally, energy is generated by burning fossil fuels like coal, oil and gas. These fossil fuels generate greenhouse gases when they are burnt. Greenhouse gases like carbon dioxide, etc. trap the sun’s heat that radiates from the earth and prevent it from being released into space, thereby leading to climate change and global warming. Hence, there is a thrust on reducing emissions from fossil fuels. The United Nations has recommended a reduction of emissions by half by 2030; it should reach net-zero by 2050.

Using renewable energy sources has been cited as a solution to this issue. Renewable energy sources are derived from natural resources and can be continuously replenished. The International Renewable Energy Agency (IRENA) estimates that by 2050, 90% of the world’s electricity can and should come from renewable sources in a net zero world.

Rising focus on renewable energy development

Renewable energy sources are present in abundance in all countries. By harnessing these sources, clean energy, which is a healthier option, can be generated. Energy that is generated from renewable sources reduces the reliance of nations on others to import fossil fuels. Also, renewable energy is an economically viable solution for managing climate change. Data shows that an investment of $4 trillion per annum until 2030 will help reach the net zero goals by 2050. Renewable technologies can build a robust system that is resilient and offers multiple power supply options.

Another vital aspect of using renewable energy sources is that they create more jobs than the fossil fuel industry. Besides, energy-related industries will require more workers to take up jobs in related fields like manufacturing EVs (electric vehicles), energy-efficient appliances and more. It is estimated that, by 2030, over 30 million jobs are likely to be created in the clean energy and low-emission technology sectors.

Challenges in hiring skilled candidates for renewable energy development initiatives

With the rising focus on renewable energy initiatives, businesses need skilled workers to drive growth.

Although the renewable energy sector holds the promise to employ more candidates, there is an acute shortage of skilled talent in the sector. Recruitment of technical and engineering candidates has emerged as the top challenge for the renewable sector.

There is a shortage of qualified candidates in niche fields like wind, solar, bioenergy, etc. The shortage also extends to other related fields like power and energy, geothermal power, chemicals and more.

Besides, training programmes for candidates in the renewable energy field are limited. The renewable sector also must cope with the cut-throat competition from related sectors like oil and gas or utilities.

How to overcome talent gaps in hiring skilled professionals

Build an attractive employer brand

Businesses must focus on building an employer brand and developing a work culture that reflects their sustainability goals. They can build their brand by collaborating with academics, NGOs, policymakers, etc. Community outreach and initiatives that highlight social impact also help in building a positive brand image.

The values must spread throughout the organisation and foster a culture where employees focus on sustainability initiatives.

Offer competitive compensation and perks

The package you offer your potential employees plays a vital role in their decision to work or not work for your brand. While salary is an important part, other perks like healthcare benefits, flexible remote working options, etc. also influence the candidates. Since there is a dearth of talent in the renewable energy sector, it becomes all the more important that you offer a competitive package to attract top talent.

Skill development initiatives

To bridge the talent gap, you can collaborate with universities and other institutions to design a curriculum that helps students develop the required skill sets.

You can also offer internships to students and help them develop the required skills.

You can provide basic skill training to disadvantaged groups by partnering with philanthropic organisations and NGOs.

Another effective strategy is collaborating with businesses in related industries to offer cross-training programmes.

Innovative hiring strategies

To connect with skilled talent, you will need to deploy effective hiring strategies like employee referral programmes, connecting through social media platforms, and focussing on skill-based assessments while hiring instead of only relying on factors like academic credentials.

Partnering with an RPO (Recruitment Process Outsourcing) agency

You can outsource your talent needs to an RPO agency. RPO companies have a huge network and tie-ups with universities and institutions. This helps them access a wider talent pool. RPO agencies have robust recruitment strategies to identify and hire the best candidates for your business.

Conclusion

Careernet is a leading RPO agency that manages all your recruitment needs. We have a team of professionals who are well-experienced in the field of recruitment and are experts in different domains. Our professionals identify the best candidates and help you overcome talent gaps in hiring.

Resources:

• un.org