Specialists in workforce and mobility strategies for international power projects
Traditionally, 'power' in the energy sector has been synonymous with 'stability'. This sector is less dependent on subsidy support compared to renewable energy and is less susceptible to oil price fluctuations, offering some protection from market volatility.
The global power sector is thriving, as reported by the International Energy Agency (IEA). Their statistics show that global energy demand rose by 4% in 2018, with low-carbon generation growing by 6%. However, the power industry still faces climate challenges, as 42% of all energy-related CO2 emissions in 2018 came from this sector.