How can a shift in clean energy initiatives spark job creation in Australia? - Kalkine Media

May 24, 2021 11:06 AM AEST | By Team Kalkine Media
Follow us on Google News:


  • Australia has been observing significant progress in renewable energy resources.
  • The transition to renewables will create jobs in the local manufacturing industry and create new opportunities for an array of Australians.
  • Australia’s Clean Energy Council projects that renewable jobs could rise to 44,000 by 2025.

Recently, IHS Markit listed Australia as “one of the countries that is most suitable for renewable energy investment”.

The 2019 bushfires were the wake-up call for the Australian government and investors towards climate change. Simultaneously, it has been vigilantly established that renewable energy is imperative to reduce toxic emissions and maintain sustainability.

Strengthen your Portfolio with Kalkine LITE; Now Available at $19.99 Only

GOOD READ: Which are the ten best-suitable countries for renewable energy investment?

Copyright © 2021 Kalkine Media

The Renewable 2020 Global Status Report highlighted that Australia has been observing significant progress in renewable energy resources. In 2020 itself, renewables were responsible for Australia’s 27% of total electricity generation.

ALSO READ: Which clean energy hot stocks to watch out amid $1 billion energy deal?

What do the experts say?

Due to the rise in the shift to renewables and the need for sustainable development, following Australian leaders have commented that the renewable industry is going to generate new employment opportunities for diverse occupations over the years.

In the International climate action summit, Prime Minister Scott Morrison emphasised that net-zero emissions would be achieved only by “animal spirits” of the market and “pioneering entrepreneurialism” of industrialists and farmers.

Adding to that, Labour Party Leader Anthony Albanese said that renewable industry has a “huge potential” to create thousands of secure and well-paid jobs.

Copyright © 2021 Kalkine Media

To do the needful, Shadow Minister Chris Bowen warned that a million Australians would lose their jobs if the detrimental effects on the environment are not treated.

As evident, the politicians feel that the transition to renewables will create jobs in the local manufacturing industry and create new opportunities for an array of Australians- be it scientists, engineers or miners of lithium, copper, and nickel. 

INTERESTING READ: Will environmental concerns pave the way for Bitcoin to get greener?

Some developments in Australia’s renewable industry

Last year, a City of Sydney News report revealed that all operations in Sydney- right from streetlights to the historic Sydney Town Hall, now run on 100% renewable electricity from locally sourced clean energy.

The $60 million agreement between Australian retailer Flow Power and The City Of Sydney will kindle jobs and support communities impacted by the COVID-19 pandemic. Notably, Australia’s renewable industry is rapidly expanding- be it hydrogen projects or solar energy initiatives, it is paving its way towards a sustainable future.

Here is an exciting projection in terms of jobs as Australia continues on its mission for a cleaner and greener future- according to the International Renewable Energy Agency Annual Review from 2020, Australia’s Clean Energy Council projects that renewable jobs could rise to 44,000 by 2025 if ambitious policies and adequate skill training are put in place.

Where is the job market heading in the renewable industry?

A Clean Energy At Work report from 2020 states 70% of renewable energy jobs will be created in rural and regional areas in 2035- a move that could boost the country’s interiors. The Clean Energy Council focuses on raising employment standards for workers and communities while accelerating the uptake of clean energy.

Copyright © 2021 Kalkine Media

The report further reveals that by 2035, as the industry grows in scale, as many as half of the jobs could be in operation and maintenance, especially in the wind sector.

DID YOU READ? Why is Clean Energy Council not pleased with federal budget?

The renewable industry is dynamic and employs both general and special skills. However, if there happens to be a noticeable skill shortage in the labour market, a review in the training sector across the renewable industry could help deliver credible career pathways to Australians.

All in all, diversity in the renewable sector plays a crucial role in generating employment. From helping to build community connectedness to enriching sustainability, renewable energy can play a pivotal role in Australia’s human resource development.

GOOD READ: 3 ASX Green Stocks Under the Spotlight


The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

Top ASX Listed Companies

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK