Yes, BigInch, I am saying that the demand is increasing (while not as rapidly as in the past, but it is growing) but the workforce is falling, both at the Utiliity level and at the EPC/Consultant level. Those firms are disappearing like flies too.
And, it's fixing to get worse. Many large power stations, principally coal fired ones in the present political climate have been cancelled or delayed, and the plants that are being built are cookie cutter designs based on CCGT or just CT technology all of which use natural gas fuel where they all look the same and contain mostly the same major components. Very little engineering needed for that.
It is a different world, but a world that does continue to exist and have a future if the OP can get into it.
I have worked in or closely associated with the power industry most of my career and have found that electricity is one commodity that can't be made overseas and shipped in. Those are jobs that can't be exported, although the engineering can and much of it has been.
Based on the events of today (mahor grid failures causing blackout that the word massive seems miniscule to describe) and this generating (fairly hot summer in our country) season, I suspect that there will be a spurt of new power plant construction starting next year and completing the year after.
Cranky108, I think you articulated the situation well too.
rmw