Despite challenges in the energy industry over the past year, there is still optimism in the industry. A survey by Green Power Denmark among its members shows that 53 percent of the members predict increasing growth in the coming 12 months. At the same time, only 7 percent of the members expect a decrease in the level of activity.
However, optimism is decreasing among Green Power Denmark's members. Compared to the same survey back in April, there are 3 percentage points fewer members predicting increasing growth in the coming year, while 2 percentage points more companies expect a decrease in the level of activity.
It is an expression of the general belief in the green transition, but that the upturn is still a long way off, assesses Jan Hylleberg, Deputy CEO of Green Power Denmark.
– The report basically indicates that companies continue to have confidence that the green transition, which is politically determined, will be implemented. But we must also note that plans, ambitions and positive declarations of intent still need to be translated into action that can create green transition and electrification and thus ensure growth and jobs at Danish companies, he says, noting that companies are holding on to optimism despite stagnation.
– We have talked and talked about ambitious 2030 goals. Another year will soon pass, so we have a lot to achieve. Green companies have great optimism and confidence that development will get a push in the right direction. But the reality is that in most places you still don't see the increase in orders and projects that should accompany electrification and the green transition, says Jan Hylleberg.
Lack of hands
The member survey also shows that four out of ten members have had challenges finding the desired workforce over the past three months, and every fourth company says that they have had to give up on filling a job vacancy within the past three months.
- As we build large offshore wind farms, dig power cables and establish hydrogen pipelines, we will need significantly more hands. Labor in the green sector is certainly a challenge that we will have to deal with in both the short and long term, says Jan Hylleberg.
Green Power Denmark recently published an analysis that showed that more than 40 percent of the energy sector's employment growth in the past two years can be attributed to foreign employees.
On this basis, Green Power Denmark came up with a number of recommendations to create a better framework for recruiting and retaining international workers.
– In order for Denmark's transition to being primarily powered by electricity to be possible at all, a central part of the solution is to make it easier to attract and hire foreign workers, who already today constitute a significant part of employment growth in the energy sector, notes Jan Hylleberg.
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