In 2023, the number of persons employed in the electric power generation, transmission, and distribution sector in Germany was approximately 354,000. The forecast for 2024 onward shows a steady increase, reaching 372,630 employees by 2028. This represents a 5.2% increase over five years, with an average compound annual growth rate (CAGR) of around 1.02%.
Year-on-year, employment in this sector is projected to rise by approximately 1.07% from 2024 to 2025 and 1.05% from 2025 to 2026, indicating a stable upward trend. Increases are anticipated to moderate slightly thereafter, around 1.02% yearly until 2028.
Future trends to watch for:
- The transition to renewable energy sources may further boost employment opportunities in this sector.
- Increased investments in smart grid technologies can create demand for tech-savvy professionals.
- Regulatory changes and energy policies aimed at climate goals might influence workforce requirements.
