Oilfield & Energies

Renewable energy jobs reached 10.3 million worldwide in 2017

The renewable energy industry created more than 500,000 new jobs globally in 2017, a 5.3% increase from 2016, according to data released by the International Renewable Energy Agency (IRENA). According to the fifth edition of Renewable Energy and Jobs – Annual Review, launched at IRENA’s 15th Council in Abu Dhabi this week, the total number of people employed in the sector (including large hydropower) now stands at 10.3 million globally, surpassing the 10 million figure for the first time.

China, Brazil, the US, India, Germany and Japan remain the world’s largest renewable energy employers, representing more than 70% of all industry jobs globally. Although growing numbers of countries are reaping the socio-economic benefits of renewables, the bulk of manufacturing takes place in relatively few countries and domestic markets vary enormously in size.

“Renewable energy has become a pillar of low-carbon economic growth for governments all over the world, a fact reflected by the growing number of jobs created in the sector,” said Adnan Z. Amin, Director-General of IRENA. “The data also underscores an increasingly regionalized picture, highlighting that in countries where attractive policies exist, the economic, social and environmental benefits of renewable energy are most evident. Fundamentally, this data supports our analysis that decarbonisation of the global energy system can grow the global economy and create up to 28 million jobs in the sector by 2050.”

The solar photovoltaic (PV) industry remains the largest employer of all renewable energy technologies, accounting for close to 3.4 million jobs, up almost 9% from 2016 following a record 94 gigawatts (GW) of installations in 2017. China was estimated to account for two-thirds of PV jobs – equivalent to 2.2 million – representing an expansion of 13% over the previous year.

Jobs in the wind industry contracted slightly last year to 1.15 million worldwide. While wind jobs are found in a relatively small number of countries, the degree of concentration is lower than in the solar PV sector. China accounts for 44% of global wind employment, followed by Europe and North America with 30 and 10%, respectively. Half of the top ten countries with the largest installed capacity of wind power in the world are European.

By providing policy makers with this level of detail about the composition of renewable energy employment and skills requirements, countries can make informed decisions on several important national objectives, from education and training, to industrial policies and labour market regulations.

Download the full report here.