The energy industry is one of the most important and fast-growing sectors in the world. It’s a field that offers a variety of career paths and opportunities for professionals looking to make a difference. But what do energy jobs pay? In this guide, we will explore the different career choices available in the energy industry, the job availability, and the best-paying jobs in other industries. We will also discuss whether energy is a good career path and provide some tips on how to find a job in the energy industry.
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What’s included in the Energy Field?
The energy industry is a vast and complex field with many subfields that work towards the common goal of generating electric power. Professionals in this industry focus on a range of energy sources, including solar, wind, coal, nuclear, hydropower, combined heat and power, bioenergy, and geothermal sources. Among them, many engineers, scientists, managers, and technicians contribute their skills and knowledge to this ever-growing industry.
According to the U.S. Department of Energy, the fuel sector, which includes petroleum, coal, and bio-based fuels, employed close to a million people between 2019-2020. Additionally, the energy efficiency sector provided employment opportunities for over 2 million people. This sector includes traditional HVAC, renewable heating, and renewable cooling jobs.
Furthermore, the energy industry also encompasses jobs related to motor vehicles, such as hybrid electric, full-battery electric, and traditional motor vehicles. And if you’re interested in transmission distribution and storage, there were around 1.3 million people employed in fields related to traditional transmission, distribution batteries, and smart grids in 2021, as reported by the DOE.
Overall, the energy industry presents an array of employment opportunities for professionals of diverse backgrounds and interests. The sector is a critical part of the economy, and it’s constantly growing and evolving. With the right education, experience, and network, you can find a fulfilling career path that aligns with your goals and values.
Highest Paying Jobs in the Energy Field
The energy industry offers a wide range of career choices that vary in skill level and educational requirements. Some of the most common careers and highest-paying jobs in the energy industry include:
Petroleum engineers design and develop methods for extracting oil and gas from the earth’s surface. They are responsible for analyzing geological data and determining the most efficient and cost-effective ways to extract resources. According to the Bureau of Labor Statistics (BLS), the average annual salary for petroleum engineers in 2021 was $145,720. Source: BLS.
Nuclear engineers design and develop equipment and systems for nuclear power plants, medical equipment, and other applications that use nuclear energy and radiation. They are responsible for ensuring the safety and efficiency of these systems. According to the BLS, the average annual salary for nuclear engineers in 2021 was $121,760. Source: BLS.
Electrical engineers design and develop electrical systems and equipment, such as power generators, transformers, and motors. They are responsible for ensuring the safety and efficiency of these systems. According to the BLS, the average annual salary for electrical engineers in 2021 was $107,890. Source: BLS.
Mechanical engineers design and develop mechanical systems and equipment, such as turbines, engines, and generators. They are responsible for ensuring the safety and efficiency of these systems. According to the BLS, the average annual salary for mechanical engineers in 2021 was $97,000. Source: BLS.
Environmental engineers design and develop systems and equipment to manage pollution and waste. They are responsible for ensuring that these systems meet environmental regulations and standards. According to the BLS, the average annual salary for environmental engineers in 2020 was $100,220. Source: BLS.
Geoscientists study the earth’s composition and structure to identify natural resources, such as oil and gas. They are responsible for analyzing geological data and determining the most efficient and cost-effective ways to extract resources. According to the BLS, the average annual salary for geoscientists in 2021 was $103,550. Source: BLS.
Energy analysts study energy usage patterns and develop strategies to improve energy efficiency and reduce costs. They are responsible for analyzing energy data and recommending energy-efficient technologies and practices. According to PayScale, the average annual salary for energy analysts in 2023 was $64,901. Source: PayScale.
Other Career Choices in the Energy Industry
The job market in the energy industry is diverse and constantly evolving. The demand for energy professionals varies depending on industry trends and economic conditions. Here are some examples of other job positions that are currently in high demand:
- Solar Installer: As the demand for renewable energy continues to grow, the need for solar installers is also increasing. The average salary for a solar installer is around $47,000 per year.
- Wind Turbine Technician: Wind turbine technicians are responsible for maintaining and repairing wind turbines. The average salary for a wind turbine technician is around $56,000 per year.
Best Paying Jobs in Other Industries
The energy industry is not the only sector that offers high-paying jobs. Here are some examples of the best-paying jobs in other industries:
- Surgeon: Surgeons are medical professionals who perform surgical procedures. The average salary for a surgeon is around $409,000 per year.
- Psychiatrist: Psychiatrists are medical professionals who specialize in treating mental illness. The average salary for a psychiatrist is around $220,000 per year.
- Software Architect: Software architects are responsible for designing and developing software systems. The average salary for a software architect is around $139,000 per year.
Is Energy a Good Career Path?
The energy industry is a good career path for those interested in working in a growing and dynamic sector. The long-term outlook for the industry is positive, and there are many opportunities for professionals with the right skills and education. However, there are also some drawbacks to working in the energy industry, including potential environmental impact and the volatility of the market.
Tips for Finding a Job in the Energy Industry
If you’re interested in finding a job in the energy industry, here are some tips to help you get started:
- Start with research: Conduct research on the different career paths available in the energy industry and the specific job positions that interest you. This will help you narrow down your job search and find opportunities that match your skills and interests.
- Build your network: Networking is important in any industry, and the energy industry is no exception. Attend industry events and connect with professionals in the field. You can also join industry associations and groups to expand your network.
- Gain relevant experience: Gaining relevant experience can make you a more competitive candidate in the energy industry. Look for internships or entry-level positions in the field to gain practical experience.
- Get the right education: Education is important in the energy industry. Depending on the career path you choose, you may need a degree in engineering, environmental science, or another related field. Consider pursuing a degree or certification program to gain the necessary skills and knowledge.
The energy industry offers a variety of career paths and opportunities for professionals looking to make a difference. The industry offers competitive salaries, and there are many high-paying jobs available in the field. However, there are also some drawbacks to working in the industry, including potential environmental impact and the volatility of the market. If you’re interested in pursuing a career in the energy industry, start by conducting research, building your network, gaining relevant experience, and getting the right education. By following these tips, you can increase your chances of finding a job in the energy industry and building a successful career.