Dear Readers,
According to the Transformer Champions Club (TCC) 2024 Report, the skills gap in our industry is becoming more pronounced as experienced professionals retire, while companies struggle to attract enough new talent from universities—where graduates are increasingly drawn to other, more appealing or faster-growing industries. These observations are based on personal insights shared by TCC members and industry peers, alongside findings from Transformers Magazine’s investment research, which reveals that, on average, every second company surveyed faces unused manufacturing capacity due to workforce shortages. This situation has become a critical bottleneck for our industry in the situation when the market grows on the waves of the energy transition.
