The Future of Recruitment in the Energy Industry in Latin America: Focus on Mexico and Brazil
The energy industry in Latin America, especially in Mexico and Brazil, faces a significant transformation era. The shift towards more sustainable energy sources and global digitalization poses both challenges and unique opportunities for the industry’s future, necessitating a reevaluation of how talent recruitment will transform in this new horizon. The current and future recruitment trends in this industry will be explored, highlighting the challenges and potential strategies to effectively address them.
La industria energética en Latinoamérica, especialmente en México y Brasil, enfrenta una era de transformación significativa.
The Future of Recruitment in the Energy Industry in Latin America: Focus on Mexico and Brazil
1. Transformation and Challenges in the Industry:
Mexico’s energy industry is at a crossroads of adopting decarbonization and improving operational efficiency through digitalization. These initiatives demand a specific type of professional talent, ready to drive innovation and adapt to the market’s massive changes.
Concurrently, Brazil is among the countries leading the energy transition in the region, although Latin America has slowly progressed in this transition over the last decade. With a global investment in Latin American countries in renewable energies reaching 1.3 trillion dollars in 2022, indicating a growth of 19% compared to 2021 and 70% more compared to 2019 levels, according to Bloomberg, the potential for growth and demand for specialized talent will soon be a central theme in the Latin American energy industry in the coming years.
2. Opportunities and Recruitment Strategies:
The opportunities for recruitment in the energy industry are vast, especially in areas for the development of renewable technologies and professionals specialized in energy sustainability. To seize these opportunities, companies must implement recruitment strategies that promote continuous training and adaptability to the rhythms of contemporary professional life.
The ‘Renewables in Latin America and the Caribbean’ initiative points out that to meet 70% of the group’s electric energy consumption with renewables by 2030, it is essential to innovate, develop, and adapt to new generation technologies, which implies an unavoidable need for the acquisition of new specialized talent.
The ‘Renewables in Latin America and the Caribbean’ initiative points out that to meet the group’s 70% of electrical energy consumption with renewables by 2030, it is essential to innovate, develop, and adapt to new generation technologies, implying an unavoidable need for acquiring new specialized talent.
3. The Role of Mexico and Brazil in the Energy Transition:
Brazil leads the energy transition in Latin America, holding prominent positions globally in the World Economic Forum’s energy transition index. With an energy transition score of 65.9, Brazil stands out for its intensive use of hydroelectric energy and its growing investment in other renewable sources.
In contrast, Mexico has faced challenges in its energy transition, falling in the World Economic Forum’s global energy transition index from position 52 to 68 between 2022 and 2023. However, the country has set ambitious goals to increase its clean energy capacity. Mexico’s Energy Secretariat has announced strong initiatives to promote the use of sustainable energies in the near future, indicating an effort to diversify and expand its energy matrix towards sources that match international competition in this industry.
Brazil leads in Latin America in the energy transition, occupying prominent positions globally in the World Economic Forum’s energy transition index.
The transition to renewable energies in Latin America forces us to pay attention to the cases of Mexico and Brazil, as it presents significant challenges in what is envisioned as the possible energy transition of an entire continent, demonstrating that the opportunities for professionals willing to evolve alongside an industry in constant change are considerable. Recruitment strategies must focus on attracting and developing talent with adaptive skills, thus ensuring progress towards a more sustainable and efficient regional energy sector.
