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Posted at September 19th, 2022 | Categorised in Renewable Energy

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(May 25, 2021) According to the International Renewable Energy Agency (IRENA), the renewable energy industry directly or indirectly employed approximately 11.5 million people in 2019, an increase of 4% over the previous year. Renewable energy (RE) employment has grown 34 percent since 2013, adding nearly 3 million new jobs to the global economy. . China ranks first in total renewable energy jobs per country, well ahead of other major economies. Latvia and Denmark are the leading countries in total renewable energy employment, with renewable energy accounting for 3.79% and 1.5% of employment respectively, followed by Croatia, Bulgaria, Brazil, Colombia and Finland.

Renewable Energy Technology Jobs

Note: IRENA’s data includes direct employment as well as indirect manufacturing employment and biofuel production employment, while the U.S. Bureau of Labor Statistics only includes direct employment in power generation.

China To Remain Renewable Energy Leader With Strong Capacity Growth In 2022, Despite Subsidies Phase Out

The Energy Data Briefing provides key insights to help energy market watchers anticipate and respond to developments in the energy industry and changes in related industries and investments.

The renewable energy sector supports millions of jobs worldwide

(October 2016) – Renewable energy is becoming a major energy source worldwide, with new capacity in developing countries. Depending on the source, renewable energy has or is about to surpass coal as the world’s largest source of electricity. The latest Interim Renewable Energy Market Report from the International Energy Agency (IEA) said the shift took place in 2015, while the latest Energy Outlook from the U.S. Energy Information Administration (EIA) predicts the transition will be complete in 2016. The International Energy Agency…

(July 27, 2021) Ten years ago, when renewable technologies were not yet widespread and inefficient, the energy costs of renewables, especially solar, were too high to compete with fossil fuels. However, after ten years of development, the production cost of renewable electricity has dropped significantly due to factors such as continuous development of technology, economies of scale, etc. Wind and solar technologies are among the most cost-effective because they are near the lower end of the fossil fuel price spectrum and compete with conventional fuels. This…

Renewable Energy And Jobs

(November 2, 2020) While the likes of BP hope we will never return to pre-COVID-19 global oil demand, U.S. stocks have recovered, a rational argument for those who think peak oil demand is still far away on the contrary. Greenway’s leading renewable energy producer has surpassed major oil companies in market value for the first time. The market value of Nextera Energy, the world’s largest producer of wind and solar energy, in the U.S. on October 7, 2020. The day before the U.S. election, the market…

(June 15, 2021) U.S. natural gas spot prices in Henry Hub, Louisiana—a benchmark price reference for the U.S. natural gas market and a key reference price for global natural gas trade—in 2021. A 51% increase from the 2020 average, U.S. Energy Information Administration (EIA). The agency attributed this year’s price hikes to a rise in liquefied natural gas (LNG) exports and an increase in domestic gas consumption outside the power sector. By 2022, the cost of Henry Hub is expected to be significantly reduced…

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Solar Farms To Boost Renewable Energy And Jobs In Armenia

Mumbai, Oct 18 (Thomson Reuters Foundation) – Investing in clean energy could help the economy recover from a slowdown caused by the Covid-19 pandemic, researchers said last week.

A report from the World Resources Institute (WRI), a US think tank, said: “Green investments can be an important part of a recovery package, delivering jobs, positive economic outcomes and helping combat climate change.”

It warned that increased government spending on carbon-heavy industry did not address climate change and provide workers with resilience, despite calls to boost growth after millions of people lost their jobs around the world due to coronavirus lockdowns.

The WRI report analyzed more than a dozen studies over the past decade, estimating that $1 million in green investment could create more jobs than an equal amount of investment in roads and fossil fuels.

India’s New Climate Target Could Create 3.5 Million Jobs

But the quality of jobs created by climate-friendly industries must be protected by ensuring fair wages and working conditions, the report said, and urged the government to work with unions and serve employers.

As the world faces a warmer and more extreme climate, and fewer jobs, researchers say going green offers an opportunity to address both.

“Climate investment is not a cost, it’s an economic opportunity,” Joel Jaeger, lead author of the WRI report, told the Thomson Reuters Foundation.

The pandemic wiped out nearly 255 million full-time jobs last year, and workers worldwide lost a total of $3.7 trillion in earnings, according to ILO estimates.

Renewable Energy: The Global Transition, Explained In 12 Charts

Fossil fuel-dependent industries received $334 billion in government investment, compared with $276 billion in renewable energy and public transportation, according to Energy Policy Tracker data cited in the report.

It estimates that Indonesia could add 15.3 million jobs by 2045 and the United States could add 4.5 million jobs over 10 years.

Electric vehicle manufacturing in China, for example, attracts people because of high wages, and last year Pakistan’s $135 million state investment in tree planting and forestry created 85,000 daily jobs.

Research reviewed by the World Resources Institute shows that, more broadly, investment in solar PV equipment manufacturing creates 1.5 times as many jobs as the same amount of investment in fossil fuel power generation, and 1.2 times as much for wind power.

Top 11 Staffing Or Recruitment Agencies For The Renewable Energy Industry 2022

According to the International Renewable Energy Agency, which promotes clean energy and technology, the number of jobs created in the renewable energy industry has increased in recent years, from 11 million last year to 11.5 million in 2019.

The COVID-19 pandemic has exacerbated inequality and pushed millions into poverty. We need to invest in development that respects all people and our planet, full of jobs, social protection and a sensible transition to a green future of #EndPoverty. #ForPeopleForPlanet pic.twitter.com/DDRlz8Wk9i — International Labour Organization (@ilo) October 17, 2021

Installing solar panels or retrofitting buildings to increase energy efficiency are labor-intensive activities that have the potential to create more jobs, says researcher Jaeger.

As the world transitions to clean energy, communities and workers dependent on fossil fuels must be retrained and alternative livelihoods must be provided for quality jobs generated by renewable energy, the report urges.

Millennials Shouldn’t Bank On Clean Energy Jobs

“We must avoid a race to the bottom to reduce the cost of green technology by cutting wages, job security or working conditions,” the report said.

Proponents say the transition from coal, gas and oil to green energy will create millions of new jobs and offset job losses in polluting sectors.

But that transition faces political hurdles, as well as opposition from people who depend on fossil fuel extraction and extraction for their livelihoods.

This is critical. Hundreds of thousands of abandoned coal mines around the world need to be shut down properly. It’s a win-win: good for emissions, job creation and boosting the region’s economic potential. #ClimateAction https://t.co/hGu0gfGZ8P — Sandeep Paii (@Sandeeppaii) October 11, 2021

Advancing Inclusion Through Clean Energy Jobs

“A growing body of research shows that there are more jobs in renewable and clean energy — but they won’t belong to those who lose their jobs to fossil fuels,” said Sandeep Pai of the Center for Strategy and Research in Washington. International Studies.

New jobs are not necessarily created in the same geographic locations, and some of them—such as making solar panels—may not provide high-skilled permanent jobs.

“When countries decarbonize, there will be winners — more jobs for people, healthier air and water — but [the losers] are huge,” Pai said, calling for an immediate start to efforts to diversify the economy change.

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