Report forecasts 37 million jobs from renewable energy and energy efficiency in US by 2030

21 Mar 2009

The renewable energy and energy efficiency (RE&EE) industries represented more than nine million jobs and $1,045 billion in US revenue in 2007, says a new report released by the non-profit American Solar Energy Society (ASES), which offers the most detailed analysis yet of the green economy. Accordingly, the renewable energy industry grew three times as fast as the US economy, with solar thermal, photovoltaic, biodiesel, and ethanol sectors leading the way, each with 25%+ annual revenue growth.

Key conclusions from this report include:

- Renewable energy and energy efficiency currently provide more than nine million jobs and $1,045 billion in revenue in the US (2007).

- 95% of the jobs are in private industry.

- As many as 37 million jobs can be generated by the renewable energy and energy efficiency industries in the US by 2030—more than 17% of all anticipated US employment.

- Hottest sectors include solar thermal, solar photovoltaics, biofuels, and fuel cells (in terms of revenue growth).

- Hot job areas include electricians, mechanical engineers, welders, metal workers, construction managers, accountants, analysts, environmental scientists, and chemists. The vast majority of jobs created by the renewable energy and energy efficiency industries are in the same types of roles seen in other industries (accountants, factory workers, IT professionals, etc).

- Renewable energy and energy efficiency can create millions of well-paying jobs, many of which are not subject to foreign outsourcing. These jobs are in two categories that every state is eager to attract—college-educated professional workers (many with advanced degrees), and highly skilled technical workers.

- The renewable energy industry grew more than three times as fast as the US economy in 2007 (not including hydropower). Renewable energy is also growing more rapidly than the energy efficiency industry, but the energy efficiency industry is currently much larger than the renewable energy industry.

The full report is at: http://www.ases.org/greenjobs