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2.8 million jobs available thanks to renewable energies

2.8 million jobs available thanks to renewable energies(Via We Welcome Europe)Commissioned research shows that reaching the 20% renewable energy target

for 2020 in the European EU for energy consumption could create 2.8 million

jobsand generate a total value of around 1.1% of GDP.This is the main conclusion of a European Commission's study on the impact

of renewable energy policy on economic growth and employment in the

European Union (Employ-RES) which is available in the internet from today.

Energy Commissioner Andris Piebalgs said: "This shows that benefits of

renewables in terms of security of supply and fighting climate change can

go hand in hand with economic benefits".In 2005, the renewable energy sector employed 1.4 million people with a

gross value added of 58 billion EUR. The significance of the sector varies

strongly among Member States. Biomass, windand hydrotechnologies are

currently the most important for employment.In the future significantly more people are expected to be employed in the

renewable energy sector, especially in the Member States that joined the EU

in 2004 and 2007. Net effects for the overall economy are also expected to

be positive. According to the study, the implementation of the renewable

energy policy will generate about 410,000 additional jobs and 0.24%

additional GDP in the EU-27 in 2020.The study underlines that stronger policies are needed to reap maximum

economic benefits from renewable energy. More innovative technologies such

as photovoltaic, offshore wind, solar thermal electricity and

second-generation biofuels require more financial support in the short

term, but are precisely the key to achieving the EU’s 2020 target, which in

turn will help maintain the EU’s current competitive position in the global

market and to increase employment and GDP in the mid term.For the very latest in renewable energy jobs please click here