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Is Energy A Good Career Path in 2023? Top 7 highest paying Jobs

Is Energy A Good Career Path? Yes, energy is a good career path. Millions of people around the world have jobs thanks to this industry. According to the ILO in its journal, the industry recorded a major breakthrough in job creation in 2020.

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Also, the energy industry is a critical part of the economy, not just in the production of jobs but also in the generation of income for millions of people worldwide.

Moreso, it is the key driver of businesses globally. Energy makes businesses grow and become more productive, since businesses that use enough energy tend to increase their production rates.

Furthermore, the energy industry generates significant tax revenue for governments around the world. This is used to fund crucial public services like healthcare and education.

Besides, the energy sector is a prime mover of innovation and technological progress. The industry helps to spur new discoveries and advances in science and engineering.

In this article, we discuss the benefits of working in the energy industry to the economy and the skills needed to thrive in the industry.

What Are The Benefits Of Working In The Energy Industry?

Earnings

Energy jobs pay well. Not only is this a well-paying profession, but if you pick the right area, you can advance to the highest-paying positions in the energy sector and enjoy amazing career advancement.

Below are some of the highest-paying jobs in the industry and how much they earn.

●     Aerospace Engineer

Aerospace Engineer

Aerospace engineers are those responsible for the design and manufacture of aircraft, spacecraft, satellites, and space vehicles.

They also design guidance systems, navigation systems, propulsion systems, and many other components.

Aerospace engineers earn—$2,690 monthly and $37,995 annually.

●     Petroleum Engineer

Petroleum engineers search for natural gas and crude oil. They also ensure that the company uses the best means to extract the product.

They basically make sure that the company finds the oil, refines it, and gets it to where it needs to be stored.

Petroleum engineers earn– $5,732 monthly and $80,965 annually.

●     Materials Engineer

The preparation, blending, and testing of the materials used in manufacturing fall under the purview of material engineers. Along with that, they evaluate building materials.

They are also responsible for the production of computer chips and biomedical devices.

Material engineers earn– $6,507 monthly & $91,904 annually.

●     Industrial Engineer

Best Paying Jobs in Industrial machinery components

Industrial engineers assess industry manufacturing practices and pinpoint areas that require improvement.

To increase productivity, they also oversee production schedules and plan services.

Industrial engineers earn– $5,579 monthly & $78,795 annually.

●     Electrical Engineer

Electric engineers are those that develop electronic products and systems.

They use engineering principles to guarantee the products’ performance, dependability, and safety.

Electric engineer earns– $6,178 monthly & $87,259 annually.

●     Product Manager

Product managers are those who define the products’ vision.

They are in charge of ranking the importance of a product’s capabilities and features for the market.

Product manager earns– $6,381 monthly & $90,122 annually.

●     Agricultural Engineer

Agricultural Enginner

Agricultural engineers are those who use the knowledge of engineering to make farming practices safe and friendly for the environment.

They also design agricultural machines and equipment.

Agricultural engineer earns –$6,090 monthly & $73,089 annually.

 

●     Chemical Engineer

Chemical engineers are those responsible for the design and production of products through chemical processes.

They also analyze materials chemically and test their physical properties.

Chemical engineers earns– $5,740 monthly & $81,073 annually.

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Job Security

The energy industry is always in demand. As a result, no one working in this sector has to worry about losing their jobs. The jobs tend to be stable positions.

Job Opportunity

This industry offers a wide variety of jobs. You can choose to become an engineer, geologist, petroleum chemist, or even a project manager. The need for workers in the energy industry will increase as technology develops further.

According to the 2022 U.S. Energy & Employment Report, employment in the energy field increased by 4% in 2021.

Jobs in the energy sector are expanding more quickly in the United States than jobs in the overall domestic economy, thanks in large part to renewable energy sources and the development of clean transportation.

Career Growth

As long as you keep learning and staying up-to-date with technology, you should be able to make a name for yourself in the energy industry.

You Make A Difference

Many energy jobs give employees the opportunity to impact other people’s lives. For example, many energy companies help communities and developing countries solve their electricity problems.

What Are The Skills Needed To Thrive In The Energy Industry?

Communication Skills

A company’s success relies heavily on how well they communicate with these various groups.

Communication is the backbone of any company. Without proper communication, companies cannot function properly.

Problem-Solving Skills

In the energy industry, problem-solving skills are especially important. Problems in the energy industry need to be found and fixed right away, no matter if they are mechanical, safety-related, environmental, or financial.

Technical Skills

Technical issues are frequently solved by engineers working in the energy sector. These individuals may design equipment or develop procedures to help maintain operations.

They may also work directly with the people who are using the equipment to make sure it is working properly.

 Negotiation Skills

When dealing with suppliers, customers, and contractors in the energy sector, negotiation skills are critical. Suppliers and customers want to know that they are getting what they paid for.

Time Management Skills

Time management skills are essential for those working in the energy sector.

They must understand how much time they spend on certain tasks, and they must be able to prioritize their workload.

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Conclusion

The energy sector is a stable and reliable part of the economy. It is responsible for providing power to homes, businesses, factories, and even entire countries.

Employers tend to offer their workers great benefits packages, including healthcare coverage, retirement savings plans, and paid time off.

Moreso, the industry pays handsomely and offers opportunities for career growth.

We hope that you find this article useful!