Renewable Energy Job Creation Statistics

Renewable Energy Job Creation Statistics – According to the latest statistics published by the International Renewable Energy Agency (IRENA), the renewable energy industry created more than 500,000 new jobs worldwide in 2017, an increase of 5.3% from 2016. According to the fifth edition of the Annual Renewable Energy and Jobs. Review – launched at the 15th IRENA Council in Abu Dhabi, the total number of people working in the sector (including large renewable energy) has 10.3 million in the world, more than 10 million points. It’s the first time.

China, Brazil, the United States, India, Germany and Japan are the world’s largest employers of renewable energy, accounting for more than 70% of jobs in all industries worldwide. Although an increasing number of countries are reaping the economic benefits of renewables, most of the work is done in small countries with different internal markets. 60% of all renewable energy production is in Asia.

Renewable Energy Job Creation Statistics

“Renewable energy has become a pillar of low-carbon economic growth for governments around the world, as evidenced by job growth in the sector.” Adnan Z. Amin, Director General of the International Renewable Energy Agency.

Renewable Energy And Jobs

“The data show a growing regional picture, showing that in countries where attractive policies are in place, the economic, social and environmental benefits of renewable energy are more visible,” said Amin. “Importantly, these data support our analysis that decarbonizing the global energy system could boost the global economy and create 28 million jobs in the sector by 2050.”

The solar PV industry remains the largest employer of all renewable energy technologies, accounting for nearly 3.4 million jobs, an increase of nearly 9% from 2016 after a record 94 GW of installations in 2017. – equivalent to 2.2 million dollars – representing an increase 13% over there. year before.

Despite a slight decline in Japan and the United States, the two countries followed China as the largest market for solar PV projects in the world. India and Bangladesh complete the top five accounting for nearly 90% of the world’s solar PV production.

Employment in the gas industry fell slightly to 1.15 million worldwide last year. Although wind power is available in many countries, the concentration of the solar PV sector is low. China accounts for 44% of global gas production, followed by Europe and North America at 30 and 10% respectively. Half of the top ten countries with the largest installed wind power capacity are European.

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Dr. Rabia Ferrokhi, Head of the Policy Division and Deputy Director of IRENA, said, “Electrification is one of the key factors to improve economic inclusion and social growth when implemented. Countries have supportive policies and attractive legal frameworks for industrial growth and sustainable employment. . creation. ,” Education, Politics and Finance.

“By providing policy makers with the level of information on the creation of new labor force and skill requirements, countries can make decisions on many important national projects, from education and training to industrial policy and labor market laws,” continued Dr. Farrookhi. “These ideas will support a fair and just transition to an energy-based energy system.” With continued clean energy production expected in 2021, we expect growth in renewable energy jobs, and hiring managers need to consider how to retain and attract talent. To meet the needs of the project. But what are the most innovative candidates looking for? What trends in talent availability and mobility should hiring managers be aware of? Each year, we partner with Energy Jobline to publish the Global Energy Talent Index (GETI), using survey data from 16,000 energy professionals, the report provides insight into the world’s career trends in the energy sector. Here are the main findings about the renewable sector and its processes, personnel, training and capacity for dynamic change in 2020. Renewable energy prices and contract rates will increase in 2021 Due to the disease The Covid-19 pandemic has created financial uncertainty. and economics. This was reflected in the survey results, although respondents were less optimistic about renovations. Most renewable energy workers saw their wages increase last year. However, 35% of workers and 47% of paid managers received a salary. The GETI 2021 report shows optimism for the future of wages, with 43% of professionals and 35% of wage managers expecting an increase of more than 5% for the year as follows. Maybe a skill gap? However, many respondents (57%) are concerned about a coming crisis in the sector that will prevent companies from doing what they need to do. With more funding and projects coming online, there is a risk of delays if there is no talent. This may be more likely if other energy sectors, such as oil and gas, recover quickly and offer more price incentives. Addressing this risk will require early and ongoing negotiations on compensation structures and workforce planning. Global mobility With initiatives around the world, the renewable energy sector is already committed to global mobility. 85% of employees said they would consider moving to another region for their job. 34% of them would like to go to Europe. It was followed by North America (19%) and Asia (14%), leaving Australia in third place. Can the lack of international opportunities hinder the progress of the work? Notably, only 46% of employers offer cross-border work. This leaves current employees hindered in their ability to progress with their employer. Career growth is said to be the main reason for attracting workers to other areas, while proximity to family is the main reason for workers not wanting to move. With this need to move forward in mind, employers in the innovation sector must increase opportunities for career advancement or risk losing skilled workers to competitors in other countries and regions of the world. That said, some companies can use candidates’ sand feet to their advantage. European companies in particular should be expected to welcome migrant workers and emphasize their benefits and business opportunities. Career and sector mobility Workers in the innovation sector value opportunities for career advancement, as many are willing to move across sectors in search of these opportunities. With this in mind, it is important that recruiting firms have employee progression plans in place to reduce the risk of losing employees to other organizations. While 23% of returning employees say they will stay with their organization for the next three years, 73% see themselves changing employment status during that time, and just under half expect to convert from a full-time employee to a contractor Considering the above, remodeling companies should continue to hire contractors as part of their workforce, and possibly increase the number of contract positions they offer, as many professionals will turn to this type of work. A ‘new method’ for the innovation sector The global pandemic has forced many businesses around the world to adapt to new ways of working to follow social norms and guidelines that comply with Covid. 82% of renovation industry employees feel that events are poised in 2020 as ‘just new’ for the sector. Only 12% said they expected things to return to the way they were before the pandemic. Regarding the nature of the new culture for the renovation sector, some of the most important changes mentioned by respondents were: Social travel Flexibility in the workplace Downsizing Opportunities to travel around the world Less and more opportunities for immigrants through awareness programs Encourage them to see more renewables. Electrical engineers (77%) would still pursue a career in this field if they entered the industry today. In addition, employers are still optimistic about the growth of the sector, with 85% of survey respondents believing that it will grow over the next three years. Only 7% of respondents expected the sector to decline, and 8% said there would be no change. While this idea is encouraging, some people are concerned about the lack of future talent in the sector. 36% are very concerned about this and 21% are very concerned, compared to 25% who are not sure and 14% who are not at all. Employers in the manufacturing industry should take steps to mitigate concerns about talent shortages by transferring skills from related sectors, retraining existing employees, or evaluating cost structures. Summary By all accounts, the renovation sector is growing and opening up new opportunities for professionals at all levels. However, as the workforce continues to grow and the industry continues to face the global pandemic, it is important that innovative companies begin to focus more on advancement opportunities, training programs and benefit funds to create and retain high-performing employees. Find out more about the top job trends in the energy industry for 2021 – get the GETI report today.

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