• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 24 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 3 days "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 7 days America should go after China but it should be done in a wise way.
  • 1 day Even Shell Agrees with Climate Change!
  • 3 days How Far Have We Really Gotten With Alternative Energy
  • 4 days The European Union is exceptional in its political divide. Examples are apparent in Hungary, Slovakia, Sweden, Netherlands, Belarus, Ireland, etc.
  • 3 mins Does Toyota Know Something That We Don’t?
  • 2 hours Microbes can provide sustainable hydrocarbons for the petrochemical industry
  • 3 days World could get rid of Putin and Russia but nobody is bold enough
  • 6 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in

Renewables Jobs To Double By 2030

The number of people working in the renewable energy industry globally could rise to 24 million by 2030, compared to 9.8 million in 2016, the International Renewable Energy Agency (IRENA) said on Wednesday in its annual review 2017.

“As the scales continue to tip in favour of renewables, we expect that the number of people working in the renewables sector could reach 24 million by 2030, more than offsetting fossil-fuel job losses and becoming a major economic driver around the world,” IRENA Director-General Adnan Z. Amin said in the agency’s press release.

Commenting on the past five years, Amin noted:

“Falling costs and enabling policies have steadily driven up investment and employment in renewable energy worldwide since IRENA’s first annual assessment in 2012, when just over seven million people were working in the sector.”

The number of jobs in the solar and wind power generation sectors combined has more than doubled over the past four years, Amin said.

The agency’s report found that 62 percent of all renewable energy jobs are based in Asia, as installation and manufacturing continues to shift to the region.

The individual countries accounting for most of the clean energy jobs last year were China, Brazil, the U.S., India, Japan, and Germany.

Among the clean energy sectors, solar photovoltaic (PV) was the biggest employer last year, giving jobs to 3.1 million people, a 12-percent increase over 2015, mostly in China, the United States, and India.

Related: OPEC Monitoring Committee Proposes Nine-Month Extension

In the U.S., solar industry employment grew 17 times faster than the economy, with the number of jobs jumping 24.5 percent annually to more than 260,000 last year.

At the end of March, IRENA said that renewable energy generation capacity worldwide rose by 161 gigawatts last year—the strongest year ever for new capacity additions, with solar leading the growth.

ADVERTISEMENT

The U.S. solar industry posted its best year on record in 2016, smashing previous records by installing 14.6 gigawatts of new solar, a 95-percent surge from the 7.4 GW installed in 2015, the previous record year.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment
  • Oilracle on May 25 2017 said:
    ---we expect that the number of people working in the renewables sector could reach 24 million by 2030, more than offsetting fossil-fuel job losses and becoming a major economic driver around the world---

    This statement is positive only in the context of a socialist economy. But the true "economic driver" is __productivity__. It is logical that if the fewer people (by their total salary) produce a maximum of energy, - the better the world would be!
  • Lee James on May 25 2017 said:
    Harnessing the wind and the sun is a bit of transition, but it's accelerating. The economics of renewable energy are looking good. But we also need to grow clean power and robust local electric grids and power for strategic reasons.

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News