What are the major job creation technologies during the energy transition?

Solar PV, batteries and wind power are the major job creating technologies during the energy transition from 2015 to 2050. This is the first global study presenting job creation projections for energy storage.

How many jobs are there in the energy sector in 2050?

It is found that the global direct jobs associated with the electricity sector increases from about 21 million in 2015 to nearly 35 million in 2050. Solar PV, batteries and wind power are the major job creating technologies during the energy transition from 2015 to 2050.

When will storage technologies start creating jobs?

Storage technologies led by batteries are observed to start creating jobs from 2025 onwards, with a stable share until 2050 (277 thousand jobs in the battery sector).

How many jobs will solar & battery storage create in 2050?

Beyond which, solar PV (930 thousand jobs by 2050) along with battery storage (202 thousand jobs by 2050) emerge as the major job creators. Storage led by batteries create jobs from 2025 onwards and maintain a stable share (9% of total jobs in 2025) through the transition period until 2050 (12% of total jobs).

How many jobs will the storage sector create in 2030?

The storage sector creates around 17% of the jobs in 2030, with the steady ramp up in installations and cost competitiveness. Beyond 2030, they continue to maintain a stable share of 17% of the jobs created until 2050, as shown in Fig. 13.

What makes the energy storage industry so interesting?

The energy storage industry is still fairly young compared to others like wind or solar. This means it’s rapidly growing, changing and innovating (part of what makes working in the industry so interesting).