Power sector job progress outpaces general US financial system, with power in transportation, renewables: DOE

Dive Transient:

  • Power jobs within the U.S. are rising quicker than employment within the general home financial system, pushed particularly by renewables and the event of fresh transportation, in keeping with a brand new evaluation launched Tuesday by the U.S. Division of Power.
  • Power sector jobs grew 4% in 2021, whereas employment throughout all industries rose simply 2.8% in the identical time interval, in keeping with the 2022 U.S. Power & Employment Report.
  • Not all vitality sectors noticed progress, nevertheless. Employment within the fuels know-how sector, which incorporates fuel, coal and petroleum, declined by greater than 29,271 jobs, or about 3.1%. The coal trade noticed the best proportion decline, shedding 7,125 jobs and lowering employment by 11.8%, whereas fuel noticed a small enhance.

Dive Perception:

The annual vitality jobs report captures a singular interval within the U.S. financial system, earlier than Russia’s invasion of Ukraine and with the Covid-19 restoration ongoing. It sketches out a brand new “beginning gate” within the nation’s efforts to construct a talented clear vitality workforce, federal officers stated.

“Notably, jobs in renewables, like photo voltaic and wind, outpaced economy-wide progress. And electrical and hybrid automobiles posted a whopping 25% enhance in employment,” Power Secretary Jennifer Granholm stated in a Monday name with reporters.

America is working to rework to a net-zero carbon financial system by 2050, and Granholm stated 41% of all vitality jobs final yr have been oriented in direction of that purpose. “The roles are rising in industries we have to help a 100% clear energy sector, like vitality effectivity, transportation and storage,” she stated.

“What this yr’s knowledge exhibits is clear vitality stays one in every of America’s greatest bets,” Bob Keefe, govt director of E2, a nationwide, nonpartisan enterprise group, stated in an announcement. The roles report illustrates the chance forward of america and the work to be finished by lawmakers, he stated.

“There is no such thing as a different sector that exists in each state that comes with this kind of job progress potential,” Keefe stated. “The message to members of Congress is evident. If you’d like good-paying jobs in your state and district, try to be supporting local weather and clear vitality insurance policies.”

In complete, the U.S. vitality sector added greater than 300,000 jobs in 2021, growing by 4% to greater than 7.8 million. For perspective, DOE stated that from 2015 to 2019 vitality employment grew about 3% yearly.

In 2020, the financial fallout from Covid-19 price the vitality sector practically 840,000 jobs.

“Whereas the vitality sector as an entire has not recovered the entire jobs misplaced in 2020, practically all applied sciences added vitality jobs in 2021,” the roles report stated. The notable exception is the fuels class, the place the report confirmed a 3.1% decline in jobs. Nonetheless, employment within the fuel section of the ability technology sector rose 1.6% in 2021.

Massive proportion will increase in 2021 U.S. vitality sector employment embody 4.9% in sensible grids, 4.4% in batteries and 5.4% within the photo voltaic sector.

Jobs associated to carbon-free or low-carbon motor automobiles and their elements grew a collective 25%, led by 26.2% progress in electrical car jobs, in keeping with the report.

“The truth is, jobs in electrical automobiles, plug-in hybrid automobiles, and hybrid automobiles have been among the many solely subcategories of any sort of vitality jobs that rose in numbers from 2019 to 2021 and that didn’t lower from 2019 to 2020,” the report stated.

The report “helps us perceive, at a granular stage, what the president means when he says that when he sees local weather, he sees jobs,” White Home Deputy Nationwide Local weather Advisor Ali Zaidi informed reporters on Monday.

The White Home on Tuesday introduced a number of corporations have dedicated to take a position a mixed $700 million to develop the U.S. capacity to supply about 250,000 EV chargers yearly. That may add at the very least 2,500 jobs across the nation, Zaidi stated on Monday, including that the White Home sees “large alternative” within the sector.  

Power effectivity added nearly 58,000 jobs in 2021. The sector was significantly hard-hit by Covid-19 in 2020, and noticed a lack of greater than 270,000 jobs. Development final yr was slower than the vitality sector as an entire, although some applied sciences grew quicker. Conventional heating, air flow, and air con added 17,740 jobs and grew by 3.3%, in keeping with the report.

“Regardless of modest features in 2021 … job features in vitality effectivity nonetheless outpaced job progress in U.S. employment general, and the sector stays one of many largest vitality know-how teams with over 2.1 million staff,” the DOE report stated.


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