As of 2023, the number of employees in the electric power generation, transmission, and distribution sector in Germany stands at approximately 293,000. Forecasts indicate a steady increase to reach 338.66 thousand employees by 2028. This reflects a compound annual growth rate (CAGR) of 3.6% from 2023 to 2028. Key year-on-year growth indicators: from 2024 to 2025, the sector is expected to grow by 3.15%, from 2025 to 2026 by 3.02%, and from 2026 to 2027 by 2.90%, followed by a 2.80% increase from 2027 to 2028.
Future trends to watch for:
- Impact of governmental policies on renewable energy adoption and its influence on employment.
- Technological advancements affecting job profiles and efficiency.
- Investment in infrastructure projects potentially leading to further workforce expansions.