Australia is set to enjoy a renewable energy job boom, with up to 60,000 new jobs set to be created by 2030, according to a new report released by The Australia Institute (TAI).
The report found that the expected 53% increase of renewable energy capacity by 2030 would create between 18,000 and 59,000 direct jobs across the country. The analysis is based on the Australian Energy Market Operator’s ‘Fast Scenario’ developed as part of its Integrated System Plan.
Ongoing rooftop solar expansion and the installation phase of utility scale solar and wind projects deliver the majority of those positions, but more than 10,000 ongoing jobs could be created, predominantly in regional Australia, in the maintenance and operation of renewable energy facilities under the policy.
“A serious renewable energy target could drive a jobs boom in Australia, particularly in regional areas,” said Rod Campbell, Director of Research at The Australia Institute.
“As employment in the ageing coal power sector declines, new renewable energy projects are already coming online and creating jobs in construction, installation and assembly.
“With strong targets, stable energy policy and support for manufacturing, Australia can clean up its energy sector and generate substantial employment opportunities.