Global New Energy Jobs Grow On

Renewable Energy Jobs On The Rise

Felicity Bradstock, January 2, 2023 (OilPrice via Yahoo Finance)

“…In 2021, global renewable energy jobs reached 12.7 million in a trend that’s set to continue…The number of jobs in renewable energy grew by around 700,000 globally between 2020 and 2021, according to the Renewable Energy and Jobs Annual Review 2022…[Solar power’s 4.3 million jobs are about a third of the total and] the highest number of renewable energy jobs…[China provides 42% of the jobs in renewables,] the EU and Brazil both hold 10% [and] the USA and India each hold 7%...

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…[Hydropower follows solar with 2.4 million jobs, [and then] biofuels with 2.4 million, and wind power with 1.3 million. The number of jobs in renewables [which rose from 7.3 million in 2012] is expected to soar to 38.2 million by 2030, based on the current rate of growth and project pipeline…A significant proportion of renewable energy jobs were in construction, installation, and operations and maintenance (O&M). Renewables’ 9% cumulative capacity growth from 2020 to 2021 to 257 GW, with solar and wind representing 88% of new additions] makes clear] the need for the building and maintenance of key infrastructure…

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The growth in renewable energy jobs is helping to make up for the huge loss of oil and gas jobs worldwide…Some companies, such as BP and Equinor, are footing the costs of retraining staff who want to make the switch…[ U.K. renewable energy jobs grew] four times faster than the rest of its employment market…[T]he United States Energy & Employment Report 2022 revealed that the number of green jobs increased in every energy sector…” click here for more

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