IEEE PES and the Scholarship Plus Initiative
The IEEE Power & Energy Society (PES) provides the world's largest forum for sharing the latest in technological developments in the electric power industry, for developing standards that guide the development and construction of equipment and systems and for educating members of the industry and the general public. Members of the Power & Energy Society are leaders in this field, and they and their employers derive substantial benefits from involvement with this unique and outstanding association.
The IEEE Power & Energy Society (PES) has a long history as a leading provider of information on power and energy for the betterment of humanity. A volunteer-based, not-for-profit organization, PES is a cornerstone society of IEEE, comprising of over 26,000 engineers and scientists worldwide, from all areas of the power and energy fields.
Within the next decade, the U.S. electricity grid will undergo enormous changes. There is a national commitment to replacing aging infrastructure. New green technologies and the smart grid will change the way power is generated, transmitted, distributed and utilized. Compounding these challenges is a projected energy workforce shortage of critical proportions. It's been estimated that the power and energy industry will experience as much as a 50% turnover in engineers, and there's increasing concern about the availability of highly-skilled, quality engineers to revitalize the nation's power grid and prepare us for a clean energy future.The need for additional workers in the power industry is reinforced in the Quadrennial Energy Review which was released in April 2015. The report notes "Significant new investment in U.S. energy infrastructure is anticipated over the next few decades. The resulting changes in the transmission, storage, and distribution (TS&D) infrastructure—discussed throughout this report—will create new job opportunities for skilled workers. At the same time, the current TS&D infrastructure will need to be maintained. These factors, expansion of the energy sector, requirements for workers with new skills, and anticipated workforce retirements will create demand for new workers in energy-related jobs."
PES is committed to shaping the future of the power and energy industry. The society is in a unique position to assist in reducing the impact of power and energy engineering attrition. Our members span both industry and education and are highly motivated to address the challenges facing the industry. The PES Scholarship Plus Initiative brings together all stakeholders - government, industry, educators and students-to directly address the power and energy workforce shortage by attracting qualified engineering students to the field.