(25 May 2021) The renewable energy sector directly or indirectly employed nearly 11.5 million people in 2019, reflecting a 4% increase over the previous year, according to data from the International Renewable Energy Agency (IRENA). Renewable energy (RE) employment has risen 34% percent since 2013, adding almost 3 million new jobs to the global economy. The solar photovoltaic (PV), bioenergy, hydropower, and wind power industries have become the biggest employers of the renewable energy sector. China tops the list of the total number of RE jobs per country, leading other major economies by a large margin. Latvia and Denmark are the top countries in terms of RE share in total employment, with renewables representing 3.79% and 1.5% of jobs, respectively, followed by Croatia, Bulgaria, Brazil, Colombia, and Finland.

  • The solar PV industry employed nearly 3.75 million people worldwide as of the end of 2019, the most recent year for which such data is available. Bioenergy provided 3.58 million jobs, of which 2.5 million were in the liquid biofuels subsector. Nearly 1.96 million people were employed in hydropower, and 1.17 million more worked in the wind energy industry.
  • Employment growth was the highest in the solar PV technology industry, which showed a 65% increase from 2013 to 2019 (almost 1.5 million new jobs added). Employment increased significantly during the same period in the solar heating/cooling industry (an increase of 64%), bioenergy (43%), and wind energy (41%). In contrast, hydropower lost nearly 250 thousand jobs, representing an 11% decrease, over the seven-year period.
  • As for geographical distribution, seven of the ten countries with the most renewable energy jobs are Asian. China accounted for 38% of all existing jobs in the RE sector in 2019, which equals more than 4 million workers. Brazil represented 10% of RE jobs, due to its highly developed hydro energy industry that makes up a 64% share of the country's electricity generation. A 7% share of RE jobs were in India, and 6% in the United States.
  • In the US, more than 755 thousand people were employed in the renewable energy sector, compared with 83.8 thousand workers in the fossil fuel generation and transmission sector. According to the US Bureau of Labor Statistics (BLS),  the number of workers employed in fossil fuel and nuclear electricity generation is expected to decline significantly — by 23.3 thousand and 15.6 thousand jobs, respectively — by 2029. At the same time, the BLS estimates that the number of workers directly employed in renewable electricity generation will grow by 2.7 thousand, to a total of 23.2 thousand people employed, by 2029.

NOTE: IRENA's estimates include indirect jobs in manufacturing and jobs in the production of biofuels in addition to the direct jobs count, while the US Bureau of Labor Statistics includes only direct jobs in electric power generation.

Download our latest ENERGY Data Brief

The Energy Data Brief offers key statistics designed to help energy market watchers anticipate and respond to developments in the energy sector as well as changes in related industries and investments.

Related Insights from Knoema

Renewable Energy

(October 2016) - Renewable energy resources have increasingly become mainstream energy soures worldwide, catapulted by new capacity in developing countries. Depending on the source, renewable energy has or is poised to surpass coal to become the world's largest source of electrical power capacity. The International Energy Agency (IEA) in its most recent medium-term renewable market report said that this transition occurred during 2015, while according to the latest energy outlook by the US Energy Information Administration (EIA) the transition will be completed in 2016. The IEA...

A Decade of Change: How Renewables Became Competitive with Fossil Fuels

(27 July 2021) A decade ago, when renewable technologies were not widespread and were less efficient, the cost of energy from renewable sources, especially solar, was too high to be competitive with fossil fuels. After ten years of development, though, renewable power generation costs have fallen dramatically, driven by steadily improving technologies, economies of scale, and other factors. The cost reduction has been the highest for wind and solar technologies, which are nearing the lower bound of the fossil fuels price range and becoming competitive with traditional fuels. The...

Energy Transition in Action: US Stock Market has Chosen the Green Path

(2 November 2020) Contrary to reasoned arguments of those who believe that the peak of oil demand is still far ahead even as the likes of bp expect we'll never again return to pre-COVID global oil demand levels, the US stock market has already chosen the green path. For the first time ever, the market value of a primary producer of renewable energy has surpassed that of oil majors. On October 7, 2020, the market value of the world's largest producer of wind and solar energy—Nextera Energy—topped US oil majors Exxon Mobil and Chevron. One day before US election day, the market...

Natural Gas Price Forecast: 2021, 2022 and Long Term to 2050

(15 June 2021) The US natural gas spot price at Henry Hub, Louisiana — the benchmark price reference for the US natural gas market and an important price reference in global gas trading — will average $3.07 per million British thermal units (MMBtu) in 2021, a 51% increase from the 2020 average, according to the U.S. Energy Information Administration (EIA). The agency attributes this year's price growth to rising liquefied natural gas (LNG) exports and increasing domestic natural gas consumption outside of the power sector. In 2022, Henry Hub prices are expected to decrease to...