2022 Could Be the Year Utilities Scale Up Their Workforces (Without Necessarily Hiring More)
- Jan 25, 2022 11:03 am GMT
This item is part of the Special Issue - 2022-01 - Power Industry 2022 Trends & Predictions, click here for more
It’s hard to predict what will unfold in the utility sector the next 12 months given the volatility of the labor market, energy demands and even resources. But I’m sure the maintenance and/or replacement of aging, overtaxed infrastructure will be a top priority – and not just because of the Infrastructure Investment and Jobs Act.
We’ve experienced multiple 100-year events – wildfires, hurricanes and floods – in just a year’s time, all of which have been painful for utilities to manage, and the creation of new population epicenters doesn’t seem to be a “phase” that our country is going through. The great migration and city sprawl is real. With current infrastructure approaching – or perhaps already far past – a critical tipping point, utilities will have no choice but to finally rip and replace assets that are beyond repair and quickly scale systems to increase service capacity. Frequent outages are becoming more than inconvenient to citizens and businesses. In fact, some might compare current grid reliability challenges to supply chain challenges. Just one gap, weak point or failure can lead to rippling consequences both upstream and downstream.
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