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Copyright © 2012 Chmura Economics & Analytics 2013 Governor’s Energy Conference Energy Education Needs to Support Economic Development 17 October 2013.

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Presentation on theme: "Copyright © 2012 Chmura Economics & Analytics 2013 Governor’s Energy Conference Energy Education Needs to Support Economic Development 17 October 2013."— Presentation transcript:

1 Copyright © 2012 Chmura Economics & Analytics 2013 Governor’s Energy Conference Energy Education Needs to Support Economic Development 17 October 2013

2 Copyright © 2012 Chmura Economics & Analytics Introductions Moderator: Leslie Peterson, Director of Operations, Chmura Economics and Analysis Speaker 1: Troy Simpson, Associate Professor of Precision Engineering Technology, Danville Community College (Increase the pipeline of skilled workers) Supply Speaker 2: Dori Ramsey, Director, Organization and Employee Development, Washington Gas (Energy industry hiring perspectives on education supporting economic development) Demand Speaker 3: Ann Randazzo, Executive Director, Center for Energy Workforce Development (Competency-based education) Policy Speaker 4: Leilani Todd, Vice President, Mecklenburg Electric Cooperative (Aligning energy workforce with education) Policy

3 Copyright © 2012 Chmura Economics & Analytics ALIGNING EDUCATION (SUPPLY) TO ECONOMIC DEVELOPMENT (DEMAND) Labor Economics

4 Copyright © 2012 Chmura Economics & Analytics Energy and Education Energy-affiliated jobs are concentrated in 2 industry groupings: – Power generation and distribution – Raw material production Energy-affiliated jobs in VA have a total employment impact of nearly 77,000. The impact in VA from energy-affiliated jobs is an annual output of $21.9 billion, including direct impacts of $15 billion and ripple impacts of another $7 billion. Source: IMPLAN Pro 2011 and Chmura Economics & Analytics

5 Copyright © 2012 Chmura Economics & Analytics Energy Occupations In-Demand Source: JobsEQ® and Chmura Economics & Analytics

6 Copyright © 2012 Chmura Economics & Analytics Employment Supply Gaps At first glance, most under-supplied occupations do not require degrees Source: JobsEQ® and Chmura Economics & Analytics

7 Copyright © 2012 Chmura Economics & Analytics Occupation VA Awards ( ) Additional Awards Needed to Reach National Average Per Employee Electronics Engineers, Except Computer Electrical Engineers Mechanical Engineers Training and Development Specialists83152 Mechanical Drafters Civil Engineers Architectural and Civil Drafters Environmental Scientists and Specialists, Including Health Operations Research Analysts Administrative Services Managers Occupational Health and Safety Specialists087 Environmental Engineers1348 Nuclear Engineers0*38 Electrical and Electronics Drafters4327 Hydrologists3727 Surveyors023 Petroleum Engineers019 Occupational Health and Safety Technicians017 Occupations Requiring Degrees Looking closer, Virginia is below the national average ratio of degrees awarded for these occupations * Nuclear engineering programs are often included within Mechanical Engineering degrees and not counted separately in our program. Source: JobsEQ® and Chmura Economics & Analytics

8 Copyright © 2012 Chmura Economics & Analytics On the Job Training And many occupations require investment in training Occupation TitleTypical Entry-Level Training Architectural and Engineering ManagersMore than 5 years Natural Sciences ManagersMore than 5 years Instructional CoordinatorsMore than 5 years Supervisors of Construction and Extraction WorkersMore than 5 years General and Operations Managers1 to 5 years Training and Development Managers1 to 5 years First-Line Supervisors of Mechanics, Installers, and Repairers1 to 5 years Heavy and Tractor-Trailer Truck Drivers1 to 5 years Excavating and Loading Machine and Dragline Operators1 to 5 years First-Line Supervisors of Office and Administrative Support Workers1 to 5 years First-Line Supervisors of Production and Operating Workers1 to 5 years Crane and Tower Operators1 to 5 years Industrial Production Managers1 to 5 years First-Line Supervisors of Transportation and Material-Moving Machine and Vehicle Operators1 to 5 years First-Line Supervisors of Helpers, Laborers, and Material Movers, Hand1 to 5 years Locomotive Engineers1 to 5 years Welders, Cutters, Solderers, and BrazersLess than 1 year Industrial Truck and Tractor OperatorsLess than 1 year Wellhead PumpersLess than 1 year Source: Chmura Economics & Analytics

9 Copyright © 2012 Chmura Economics & Analytics State of STEM Degrees Image Source:

10 Copyright © 2012 Chmura Economics & Analytics State of STEM Degrees 20,306 STEM degrees awarded (15% of all degrees in Virginia), but large variations between regions. Source: JobsEQ® and Chmura Economics & Analytics

11 Copyright © 2012 Chmura Economics & Analytics Energy Occupation Forecast Industry shifting from traditional sources to new technologies. Expect demand for new and better ways to generate and deliver energy. Industry Current Employment Avg. Annual Wages Avg. Annual Growth Percent Oil and Gas Extraction426$101,6670.5% Coal Mining4,763$72, % Support Activities for Mining1,322$62, % Electric Power Generation3,805$98, % Electric Power Transmission, Control, and Distribution5,276$102, % Natural Gas Distribution1,691$80, % Water and Sewer Line and Related Structures Construction6,120$45,7393.1% Oil and Gas Pipeline and Related Structures Construction1,911$47,8563.1% Power and Communication Line and Related Structures Construction4,913$64,6883.1% Petroleum Refineries74$73,9260.1% Asphalt Paving, Roofing, and Saturated Materials Manufacturing377$58,5670.1% Other Petroleum and Coal Products Manufacturing107$80,5470.1% Total Energy Supply and Distribution30,785$73,0160.9% Total All Industries3,637,997$52,4881.6% Source: JobsEQ® and Chmura Economics & Analytics


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