New York’s Clean Energy Workforce to Grow by 7% in 2017
Incidentally, the state aims to achieve 50% of the State’s electric supply to come from renewable energy sources by 2030. The State’s Energy vision also targets 40% reduction in greenhouse gas emissions by 2030 when compared with 1990 levels and 80% by 2050.
SEATTLE (Oil Monster): The ‘2017 New York Clean Energy Industry Report’ recently published by the New York State Energy Research and Development Authority (NYSERDA) highlights the impacts of New York State policies on the growth of clean energy industry in the state. The report cites rapid growth in the State’s economy, powered by clean energy. Further investments in clean energy could give significant boost to NY’s economy, the report noted.
Incidentally, the state aims to achieve 50% of the State’s electric supply to come from renewable energy sources by 2030. The State’s Energy vision also targets 40% reduction in greenhouse gas emissions by 2030 when compared with 1990 levels and 80% by 2050. Also, it aims to achieve 23% reduction in energy consumption in buildings when matched with 2012.
Many indicators point to brisk growth in State’s economy, fueled by clean energy. The report states that clean energy sector provides employment to nearly 146,000 people across the State. Every County offers clean energy jobs. The clean energy employment has grown by 3.4% between the last quarters of 2016 and 2016. Also, jobs in renewable energy sector have reported highest growth of 6% in 2016. The renewable energy jobs are estimated to grow at even higher rate of 12% during the current year.
According to the report, Wyoming, Putnam, Westchester, New York, and Suffolk counties enjoy the highest concentration clean energy workers in total labor force. Renewable energy sector offers huge employment opportunities in Warren County, whereas energy efficiency activity drives the employment in Wyoming, Putnam and New York counties. Energy efficiency firms are the largest clean energy employers, providing nearly 110,000 jobs across the State.
New York ranked 10th among states in terms of total installed solar capacity. The State had 927 mega watts (MW) of installed capacity at of the end of 2016. The installed capacity grew by 288 MW during 2016 alone. The growth in installed capacity by residential sector grew by 26% over the previous year. The commercial sector reported yearly growth of 71 MW in 2016, the report said. The solar jobs in the State totaled 8,135 during the year, registering marginal 1% decline over the previous year.
The only sector that experienced decline in total employment between the last quarters of 2015 and 2016 was the renewable fuels sector.
Track the prices behind the story
Daily prices for 281 crude grades, Brent–Dubai spreads, history back to 2009 and Excel downloads.
