Dive Brief:
Adopting clean energy technology in new and existing buildings holds significant job creation potential, according to a study by Schneider Electric and Boston University announced Oct. 10. Implementing and sustaining technologies like solar photovoltaic, heat pumps and battery storage systems could generate more than 2 million new clean energy jobs and around 141 million additional job years across Europe and the U.S, according to the study published in the June 2023 Electricity Journal. The findings can help building owners and operators make retrofit estimates and help improve forecasts around scope, investment, lifecycle management and impact for building projects, Schneider Electric said.
Dive Insight:
"This study brings greater detail to the sizable potential for new jobs created by low-carbon buildings," Benjamin Sovacool, director of the Boston University Institute for Global Sustainability, said in a news release. IGS conducted the study with Schneider Electric’s Sustainability Research Institute.
U.S. job creation will vary by region, the report states, estimating the creation of 182,000 potential new jobs in the West, 123,000 in the Northeast, 18,900 in the Midwest and 319,000 in the South and Southeast.
The potential for job creation depends on the...