The global power industry experienced 0.73% rise in new job postings related to energy storage in Q2 2024 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 12% decrease versus Q2 2023. GlobalData’s Power: Hiring Trends & Signals Q2 2024 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the power industry, facilitating anticipation of future workforce needs. Buy the report here.
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Notably, Management Occupations jobs accounted for a 13% share of the global power industry’s energy storage-related total new job postings in Q2 2024, up 10% over the prior quarter.
Management Occupations drive energy storage-related hiring activity
Management Occupations, with a share of 13%, emerged as the top energy storage-related job roles within the power industry in Q2 2024, with new job postings rising by 10% quarter-on-quarter. Installation, Maintenance, and Repair Occupations came in second with a share of 9% in Q2 2024, with new job postings rising by 30% over the previous quarter.
The other prominent energy storage roles include Architecture and Engineering Occupations with a 7% share in Q2 2024, Computer and Mathematical Occupations with a 7% share of new job postings.
Top five companies in power industry accounted for 58% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q2 2024 were Sunrun, NextEra Energy, Trojan Battery, SolarEdge Technologies, and AES. Together they accounted for a combined share of 58% of all energy storage-related new jobs in the power industry.
Sunrun posted 1,424 energy storage-related new jobs in Q2 2024, NextEra Energy 1,046 jobs, Trojan Battery 257 jobs, SolarEdge Technologies 241 jobs, and AES 234 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 79.06% share of total new job postings, Q2 2024
The largest share of energy storage-related new job postings in the power industry in Q2 2024 was in the US with 79.06% followed by the UK (3.56%) and Australia (3.18%). The share represented by the US was five percentage points higher than the 73.58% share it accounted for in Q1 2024.
For further understanding of GlobalData's Power: Hiring Trends & Signals Q2 2024, buy the report here.
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GlobalData’s Jobs Analytics uses machine learning to uncover key insights from tracking daily job postings for thousands of companies globally. Proprietary analysis is used to group jobs into key thematic areas and granular sectors across the world’s largest industries. classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
