Renewable energies and the labor market

Regulation & Policy, Renewables    Jan 22, 2021 3:29 PM

The International University of Valencia conducted an analysis of renewable energies in the labor market.

The academic institution said that the implementation of renewable energies will increase the workforce and provide better returns on investment, Valora Analitik reported.

The University estimates that renewable energies could create between 20 and 30 million jobs by 2030. It is important to remember that the sector reported 12 million jobs in 2017.

“Historically, renewable energies have had a notable role in Latin American countries due to the relevance of water resources,” Director of the Master in Renewable Energies at the International University of Valencia, Kristin Dietrich, said.

Dietrich recalled that there are business opportunities in renewable energies with special emphasis on wind and photovoltaic issues.

The University concluded by saying that the world is only using 6% of renewable energies’ potential.

Bottom-Line: Colombia is making a great effort to diversify its energy matrix and promote sources such as solar and wind. The potential is huge, but change will take time. However, it seems like the country is on the right track to achieve it.

 

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