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Windpower Engineering: Advanced Energy Jobs up 4%, Growing Twice as Fast as overall U.S. Employment

Posted by Michelle Froese on Mar 20, 2019

This Windpower Engineering & Development piece highlights AEE's report with commentary from AEE CEO, Nat Kreamer, on the rapid growth for advanced energy jobs as of 2018 and the expected increase in employment in the coming year. See excerpts below and the entire Windpower Engineering story here.

The national business group Advanced Energy Economy (AEE) released a fact sheet showing that the advanced energy industry employed 3.5 million U.S. workers in 2018 — an increase of 125,000 jobs over 2017

Advanced energy employment grew 4% year-over-year, more than twice as fast as the overall U.S. employment growth rate of 1.5%. Employers expect to add 6% more advanced energy jobs in the coming year...

Employment in advanced energy generation – which includes wind, solar, hydro, high-efficiency (combined cycle) natural gas, and nuclear power – totaled 695,000 jobs, down 1% from 2017. Wind jobs are up 4%, solar jobs are down 4%, advanced (combined cycle) natural gas jobs up 7%.

At 3.5 million jobs, advanced energy employs more U.S. workers than retail stores (3 million), twice as many as hotels and motels (1.7 million), and more than three times as many as the coal and oil industries combined (1 million), according to the Bureau of Labor Statistics (retail and hotel/motel) and USEER (coal and oil).

“Advanced energy is a significant growth industry,” said Nat Kreamer, CEO of AEE. “From energy efficiency to electric vehicles, the technologies and services that constitute advanced energy are creating jobs and helping the U.S. economy expand. At AEE, we are working to promote state and federal policies that remove barriers and expand markets. As long as advanced energy products are allowed to compete on performance and price, we can keep this economic driver going.”...

See  the entire Windpower Engineering story here.

Topics: United In The News