Public Service Enterprise Group - Feb. 2010 NARUC Winter Meeting - Workforce Panel
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Public Service Enterprise Group – Feb. 2010 NARUC Winter Meeting g – Workforce Panel
Public Service Enterprise Group • Diversified energy firm headquartered in New Jersey • One of the 10 largest g combined gas g & electric companies p in the US • Annual revenues of $13 billion • Employees -10,500 • Total assets: $ $28.4 billion Linden Generating Station
Public Service Enterprise Group Three principal subsidiaries: ¾ PSE&G – transmission and distribution of gas and electricity to 3/4 of NJ population • 2.1 million electric customers and 1.7 million natural gas customers. • Also includes appliance repair, business relocation assistance programs and energy conservation programs ¾ PSEG Power • Major supplier of electric energy in northeastern and mid- Atlantic states • Three major subsidiaries: PSEG Fossil, PSEG Nuclear and PSEG Energy Resources and Trade ¾ PSEG Energy Holdings • Manages financial investments in the energy industry • In 2008 created a new company to explore compressed air storage as a means of sustaining wind power sources
Workforce Planning Process Diagnose Translate Select Implement p St t Strategy into i t Talent T l t T l t Mgmt. Talent M t Strategic and Implications Strategies Talent Measure ¾Consider any Gaps ¾Identify potential ¾Consider all available ¾Identify and technological skills gaps through talent management address obstacles changes analysis solutions ¾Incorporate action -- internal data ¾Select and prioritize plans into business ¾Identify key -- external labor appropriate solutions plan and budgeting workforce ¾Measure the risk based on particular process assumptions/ issues and impact of skill skill needed and ¾Identify metrics gaps and prioritize existing resources that will demonstrate areas of focus ¾- Develop an action progress toward plan closing gaps ¾Track progress of action plans ¾ A.S. degree in Energy Utility Technology ¾ Knowledge Transfer & Retention Process
Demand for skilled workers in NJ New Demand Green Jobs Traditional Jobs Supply illustrative Existing Demand Talent pool p Development of creative programs and policies are needed to ensure talent to power the future.
Existing Demand……Traditional Jobs PSEG • Over 49% of our workforce is eligible to retire in the next ten years • Using the average retirement age of 60, we can expect 33% to retire. • Too few candidates for utility jobs have the math and mechanical skills Nationwide • Within five years ½ of skilled utility employees will be eligible to retire • More than 30,000 technicians and a similar number of lineworkers will be needed to replace the “baby boomer” generation
CEWD Update p January, 2010
Who we are First partnership between utilities and their associations – EEI, EEI AGA AGA, NEI and NRECA to focus solely on these issues Incorporated in March, 2006 Utilities, associations and supplemental labor contractors join as members Partnering with educational institutions institutions, workforce system, and unions to create workable solutions Currently have 74 members from large IOU’s to smaller cooperatives and municipalities that represent about 75% of employees in Electric and Natural Gas Utilities
CEWD Mission Build the alliances, processes, and tools to develop tomorrow’s energy workforce Workforce Career Development Awareness and Education Industry Solutions – Regional Implementation Workforce Planning and Member Value Metrics and d Support S t
Resources for Career Awareness Career Get Into Energy website for Youth Workforce Awarenes Development in Grades 8 – 14 and Education s Get Into Energy: Military website Industry Solutions – Regional Get G t Into I t Energy E branding b di materialt i l Implementatio n ShopCEWD Workforce Planning and Member Value Communication kits for target and Support Metrics audiences Get Into Energy: Engineering Coming Soon Engineering video
Get into Energy gy Website *Add the new g GIE Google badge to your website www.getintoenergy.com
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*Small brochure now available
Resources for Education Workforce Energy Competency Model Career D Developme l Awareness nt and Energy Career Cluster Map Education Energy Workforce Supply Reports Industry Solutions – Regional Implementatio Education and Curriculum Models n - Ford PAS Workforce Planning and Member Value Toolkits and Solution Guides and Support Metrics Education Consortiums – Power and Energy Engineering Collaborative Get Into Energy Career Pathways
Energy Competency Model www.CareerOneStop.org/ Ti 6‐8 Tier 6 8 – Occupation‐Specific O ti S ifi CompetencyModel Tier 5 – Industry‐Specific Technical Non‐Nuclear Electric Nuclear Generation Gas (Coal, Natural Gas, Oil, Transmission & Transmission Generation Hydro, Solar, Wind, & Distribution BioFuel, Geothermal) Distribution Tier 4 – Industry‐Wide Technical Industry Environmental Quality Safety Control & Principles & Laws & Continuous Troubleshooting Awareness Concepts Regulations Improvement Tier 3 – Workplace Requirements Planning, Working With Business Following Problem Solving Team Work Organizing & Tools & Fundamentals Directions Decision Making Scheduling Technology Tier 2 – Academic Requirements Critical & Engineering & Mathematics Reading Writing Listening Speaking Analytical Technology Thinking Tier 1 – Personal Effectiveness Interpersonal Dependability Self‐ Flexibility & Ability To Integrity Professionalism Motivation Skills & Reliability Development Adaptability Learn
Resources for Workforce Planning g Gaps in the Energy Workforce Workforce Career Development Pipeline Survey Awareness and Education Workforce Supply Reports Industry Solutions – Workforce Demand Reports Regional Implementatio n Coming Soon Workforce Planning Member Value Workforce Development Evaluation and Support and Metrics and Metrics
Summary Findings Estimated Number of Potential Replacements by 2013 Job Category Percentage of Estimated Estimated Potential Number of Retirement Attrition & Replacements Only Retirements Technicians 49.0 27,000 20,500 Non-Nuclear 47.6 12,000 9,000 Plant Operators E i Engineers 44 7 44.7 14 500 14,500 10 000 10,000 Pipefitters / 45.0 8,500 6,500 Pipelayers Lineworkers 40.2 29,500 19,000
Resources for Member Services CEWD Website www.cewd.org Workforce Career Awareness Development and Education Toolkits and Solution Guides – “Greening of the Industry” Industry Solutions – Regional Communication C i ti channels h l – Implementatio n newsletters, communities of Workforce Member practice, webinars Planning and Value and Metrics Support Partnerships and alliances State Consortium support
Employer Collaboration and Support State Energy Workforce Consortia State
State Energy Workforce Consortia WA MN OR CT MI IA PA NJ IN OH MD VA CA CO MO KY NC TN SC AZ GA MS AL TX LA FL Existing Consortium Planned Consortium
Laying the Building Blocks for a Successful Career in the Energy Industry: GREEN: Develop green career pathways; New Jersey Energy provide common curriculum & Workforce industryy recognized g credentials that build on current energy career oppt. Consortium STEM : Support the State of NJ and its schools as they implement enhanced STEM curricula at the primary and secondary education levels. JOB READINESS & BASIC SKILLS: Collaborate among institutions and across sectors to develop/ implement curriculum that is directly responsive to industry needs. AWARENESS: Th industry The i d t needs d tto bbe promoted t d as one offering ff i stable, t bl high-paying hi h i jjobs b with visible career paths.
National Outreach Input to committee staff on the workforce training piece of the energy bill. bill Ongoing meetings with DOE and DOL officials on how CEWD can support the workforce development components of the stimulus bill. Actively engaged in the National Commission on Energy Policy’s y Taskforce on Workforce Collaborating with NAM, AGC and other industry workforce associations to develop cross industry initiatives in career awareness and credentialing credentialing. 23
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