Oxera is delighted to support the development of the Energy & Utilities Skills Partnership Workforce Renewal and Skills Strategy, which we see as critical to the long-term sustainability of the energy and utilities sector in the UK. Commenting on the skills strategy, Andrew Meaney, Partner and Head of Oxera's Transport team said, "Having a sustainable and skilled workforce is the key to delivering the next generation of UK infrastructure, and this workforce renewal and skills strategy is therefore a vital tool for the energy and utilities industries. It is no longer sufficient to think about skills by sector—to make the most efficient use of our current talent pool and develop the workforce for the next generation, these sectors all need to work together. Only then will we see how infrastructure investment can really drive productivity."
The energy and utilities sector requires 221,000 new recruits by 2027, in order to provide the essential services its customers seek and the infrastructure the UK needs for its economic growth. Industry leaders have come together, as the Energy & Utilities Skills Partnership, to build and launch the first ever joint Workforce Renewal and Skills Strategy for the sector.
The Strategy has been created to take the first steps towards ensuring that the UK’s vital energy and utilities sector retains a safe, skilled, resilient and sustainable workforce. It sets out for the first time, in one place, the reality of the challenges faced, immediate initiatives that are underway and the ambitions the Skills Partnership shares in moving towards achieving a more sustainable future. This Strategy sets its immediate focus to 2020, and then will continue to evolve as the Skills Partnership and the wider industry works with our key stakeholders, interest groups and other sectors to deliver an extensive programme of change and cooperation.
Nick Ellins, the Chief Executive of Energy & Utility Skills, who will manage the Strategy on behalf of the energy and utilities industry, said “The National Infrastructure Plan is now widely recognised as forming the backbone of industrial strategy, and more than half (56%) of that plan is required to be delivered by the power, water, gas, wastewater and waste management industries. To date the accompanying infrastructure skills strategy has not explicitly recognised this critical contribution or done enough to ensure that the businesses involved have the right environment to ensure a sustainable and talented workforce exists.
“The Energy & Utilities Skills Partnership has come together to develop the first-ever workforce renewal and skills strategy, and construct a solid foundation for sector-wide collaboration. This document begins the discussion, providing a framework that seeks to secure successful UK-wide skills provision through to 2020.
“The Skills Partnership now wishes to engage the whole industry in tackling the issues uncovered and work with central and devolved government, regulators and key interest groups to build initiatives that can address the skills challenge. By working together we can ensure a highly skilled, safe and productive workforce that ultimately invests directly back into society and our communities.”
Tony Cocker, Chief Executive of E.ON UK and Chair of the Energy & Utilities Skills Partnership, said: “Our sector touches the lives of almost everyone in the UK each day, providing essential services for our homes and businesses. In order to deliver and continually develop these services, we need a skilled and sustainable workforce that can help businesses supply the UK’s power, fresh drinking water, safe sanitation, recycling and much more.
“We face an ageing workforce, increasing competition for talent with unemployment reaching its lowest recorded levels and a lack of proficient skills leading to over a third of vacancies being hard-to-fill. Therefore, as a partnership we seek to be the catalyst for change, sharing an ambition to achieve a more sustainable future.
“It is key that businesses across our sector work together to raise the profile of the issues and recommendations outlined in the strategy and, ultimately, encourage and support more people, whatever their background, into training and long-term career opportunities in the energy and utilities industry.”
Read the full report here
For more information please contact Andrew Meaney, Partner and Head of Oxera's Transport Team, [email protected]