Transitioning within the energy industry: From Oil & Gas to Renewables
The oil and gas industry has been experiencing a downturn since the rise in the use of renewables, exacerbated by the Covid-19 global pandemic. More organisations and individuals are now considering the transition between industries. At midday on 7th June, supply alone was from more than 50% renewables in the UK!
It is currently estimated by Wood Mackenzie that wind and solar make up 1% of the world’s total primary energy demand, whilst oil and gas combined are equal to 55%. However, by 2035, these carbon-free primary energy sources could occupy 25% of the power market due to their rapid growth. As a result, major companies are pushing forward with a move into the renewable space, with Europe taking the lead. For example, Statoil has begun heavily investing in offshore wind, and they are currently building the first commercial floating offshore wind farm in Scotland.
Recently, Scottish Renewables Chief Executive Claire Mack commented ‘Our industry provides an enormous opportunity for those working in oil and gas who may be facing redundancy and unemployment’. Furthermore, Scottish Renewables pointed out that developments towards the move to renewable energy in Scotland alone could mean that 30,000 oil and gas workers could lose their jobs by 2022.
If after reading this, you’re considering transitioning here are some tips we can offer:
- Consider why you want to transition into the renewable industry
Are you simply looking for a job?
Why would this transition benefit you?
What does the renewable energy industry offer that the oil and gas doesn’t?
- Where would you want to work, find your place!
Compare job roles within the industry that are similar to your existing experience. Find where the equivalent may be.
Be realistic and practical about what job you could get.
It is also important to keep up to date with the latest news in the industry, so that you can see where upcoming projects are going to be and where the biggest job creator will be.
- Target your experience
Research is key! You need to find out what the industry looks like, this will help you explore where the demand is and what you can offer.
Use your experience to your advantage. Any experience from the oil and gas industry can still be relevant and transferable so long as you can demonstrate it. Skills like leadership, management, being a quick learner and the ability to upskill are just a few that a relevant!
- Be proactive
Accept that looking for a job is a job in itself. Don’t underestimate the amount of time and effort you’ll need to invest in the search and applications.
Tailor your CV for each role, a one-size-fits all CV doesn’t go unmissed, be specific!
Be honest with yourself in terms of what appeals to you and what doesn’t when researching companies
- Finally, update your LinkedIn!