Report examines aging workforce and aging asset trends in utility industry

Nov. 25, 2008
While awareness of the aging workforce and aging utility assets is high, the far-reaching effects of workforce retirement may prove to be more of a tsunami for utilities than a wave -- and they are coming faster than anticipated. In January of 2007, UtiliPoint International surveyed 42 electric, gas, and water utilities to determine the state of the aging workforce and aging utility assets from 2007 through 2012...

ALBUQUERQUE, NM, Nov. 24, 2008 -- While awareness of the aging workforce and aging utility assets is high, the far-reaching effects of workforce retirement may prove to be more of a tsunami for utilities than a wave -- and they are coming faster than anticipated.

In January of 2007, UtiliPoint International surveyed 42 electric, gas, and water utilities to determine the state of the aging workforce and aging utility assets from 2007 through 2012. Respondents ranged from C-level executives through engineers, human resource planners, and IT decision makers.

An Opportunity for Growth
UtiliPoint's experience with utility issues reaches across the entire energy value chain. From investing to trading, from enterprise asset management to the dynamics of retail markets, UtiliPoint counsels North American, European, and other international utilities and vendors across six practice areas on a consistent basis. This experience, plus UtiliPoint's primary research, forms the basis for our expert analysis and opinion offered in the Aging Workforce & Aging Assets Trends report.

The Aging Workforce and Aging Assets Trends 2007 - 2012 report findings include:
• The utility workforce eligible to retire now and through 2012
• What utilities are doing to address workforce training, asset investment, and knowledge retention
• University training resource for utilities
• New approaches utilities are taking to asset investment and management
• Who is the perceived EAM / ERM market leader
• The rising importance of suppliers as strategic partners in the competition for talent
• The impact of the aging workforce and aging asset to utility performance
• Competence: Build or buy?
• Near term tactics and long-term recommendations for addressing the far-reaching effects of the aging workforce

>> More information on the report

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