The energy sector is one of the prominent industries globally. It’s essential to the lives of people and a far-reaching field that can be complex yet innovative. That’s why investment in this sector is increasing rapidly. As a result, there’s a high demand and mast of growth potential for people working in the energy sector.
Accordingly, if you’re considering working in the energy sector, below is a list of the primary reasons to encourage you to pursue a career in this sector.
Energy Industry Is In Demand And Growing
The primary reason you should consider pursuing a career in the energy industry is that everyone needs access to electricity. The energy sector is vast, in demand, and growing worldwide. As it happened, estimates imply that the world energy investment attained about USD$1.8 trillion. Moreover, other reports suggest that oil and gas drilling and production is the eighth most prominent sector globally. Hence, if you pursue a career in this industry, you become part of something of great importance globally.
Furthermore, according to the available data, the global renewable energy industry is expected to be worth around USD$2.15 trillion by 2025. And within this industry, the solar energy sector is expected to attain a value of USD$223.3 billion by 2026. Simultaneously, the wind energy industry is expected to reach a worth of USD$9.1 billion.
With these figures in mind, it’s apparent that the energy sector is an in-demand industry that’ll continue to expand and innovate in years to come. As such, everyone who’s seeking a career in this sector can almost ensure they’ll find a job that’s worth pursuing. For instance, if you’re living in Canada and seeking employment in the energy sector, there are Canada Energy Jobs that you can find in online job listings from industry leaders themselves.
Abundance Of Career Opportunities
Aside from the promising trajectory of this industry, the energy sector also contains several large sub-sectors focusing on petroleum, renewable energy, nuclear power, and coal power. And these sub-sectors can offer an abundance of career opportunities. Also, it’s worth mentioning that energy companies range in size. Large energy companies provide a diverse range of careers related to maintenance, production, IT, finance, research, human resource, engineering, law, sales, and customer service.
To give you a few examples of career opportunities, here are some renewable energy jobs you may want to pursue:
Engineer
One of the good things about engineering is that it’s a general category of work. That means if you’re seeking a career in electrical, mechanical, chemical, or aerospace engineering, you have an abundance of career opportunities.
Solar Project Installer
Solar energy also has plenty of employment opportunities to offer. If you already have some experience with installation, mechanics, or electronics, working in a solar installation can be worth pursuing.
Renewable Energy Consultant
This career consists of tasks including conducting surveys, audits, and giving clients information about renewable energy sources.
In addition, renewable energy consultants can also provide clients with energy efficiency advice and environmental impact assessments for energy companies. Also, a renewable energy consultant analyzes technical data and studies how much energy a particular site can produce.
Wind Farm Developer
Currently, over 120,000 Americans have careers in the wind sector. And regarding the job of a wind farm developer, it’s prevalent among veterans in the United States. The U.S wind sector mostly hires veterans, providing them with job opportunities after serving the country.
Financial Analyst
The role of financial analysts for renewable energy companies is expected to see a notable increase in the next six years. This role is suitable for those people with experience in the governmental and regulatory administration, financial sector, and consulting.
Opportunity To Make A Positive Impact
In this day and age, job seekers are increasingly looking for meaningful jobs, and they’re interested in the idea of making a positive impact. And as it happened, one of the most significant challenges that the world faces today is related to energy. The energy sector is essential to supporting an increasing number of the world’s population.
Thus, if you’re innovative and a forward-thinker, pursuing a career in the renewable energy sector allows you to make a positive impact. The renewable energy sector can also enable you to contribute to the production of clean energy sources that are helping to enhance energy efficiency and lessen emissions.
The renewable energy industry is on the rise, and the world needs people who are passionate about helping reduce emissions and the usage of resources. And the good thing is that there’s a high demand for people working in the renewable sector.
The Bottom Line
Overall, the energy sector is a vast, growing, and fascinating industry with plenty of opportunities for those people with the right skills. That’s why a career in the energy sector can be worth pursuing, especially in this sustainable era where renewable energy appears to be on the way up.
TORONTO – Restaurant Brands International Inc. reported net income of US$357 million for its third quarter, down from US$364 million in the same quarter last year.
The company, which keeps its books in U.S. dollars, says its profit amounted to 79 cents US per diluted share for the quarter ended Sept. 30 compared with 79 cents US per diluted share a year earlier.
Revenue for the parent company of Tim Hortons, Burger King, Popeyes and Firehouse Subs, totalled US$2.29 billion, up from US$1.84 billion in the same quarter last year.
Consolidated comparable sales were up 0.3 per cent.
On an adjusted basis, Restaurant Brands says it earned 93 cents US per diluted share in its latest quarter, up from an adjusted profit of 90 cents US per diluted share a year earlier.
The average analyst estimate had been for a profit of 95 cents US per share, according to LSEG Data & Analytics.
This report by The Canadian Press was first published Nov. 5, 2024.
ST. JOHN’S, N.L. – Fortis Inc. reported a third-quarter profit of $420 million, up from $394 million in the same quarter last year.
The electric and gas utility says the profit amounted to 85 cents per share for the quarter ended Sept. 30, up from 81 cents per share a year earlier.
Fortis says the increase was driven by rate base growth across its utilities, and strong earnings in Arizona largely reflecting new customer rates at Tucson Electric Power.
Revenue in the quarter totalled $2.77 billion, up from $2.72 billion in the same quarter last year.
On an adjusted basis, Fortis says it earned 85 cents per share in its latest quarter, up from an adjusted profit of 84 cents per share in the third quarter of 2023.
The average analyst estimate had been for a profit of 82 cents per share, according to LSEG Data & Analytics.
This report by The Canadian Press was first published Nov. 5, 2024.
TORONTO – Thomson Reuters reported its third-quarter profit fell compared with a year ago as its revenue rose eight per cent.
The company, which keeps its books in U.S. dollars, says it earned US$301 million or 67 cents US per diluted share for the quarter ended Sept. 30. The result compared with a profit of US$367 million or 80 cents US per diluted share in the same quarter a year earlier.
Revenue for the quarter totalled US$1.72 billion, up from US$1.59 billion a year earlier.
In its outlook, Thomson Reuters says it now expects organic revenue growth of 7.0 per cent for its full year, up from earlier expectations for growth of 6.5 per cent.
On an adjusted basis, Thomson Reuters says it earned 80 cents US per share in its latest quarter, down from an adjusted profit of 82 cents US per share in the same quarter last year.
The average analyst estimate had been for a profit of 76 cents US per share, according to LSEG Data & Analytics.
This report by The Canadian Press was first published Nov. 5, 2024.
