A recent report by Clean Edge: The Clean Tech Market Authority, entitled Clean Tech Job Trends 2010, evaluates the current green job market, focusing particular attention on the hottest sectors, cities and employers. The report also looks at compensation, manufacturing, and trends to watch.
With 3 million green jobs already in place, this segment of the economy is poised for healthy growth. Citing reports from Center for American Progress and Political Economy Research Institute the report states that every dollar spent on green jobs is equivalent to somewhere between two and four dollars spent on conventional jobs in term of job creation.
The top green job sectors are:
Energy (including Renewable Energy, Energy Storage, Energy Conservation and Efficiency, Smart Grid Devices and Networks, Electric Transmission and Grid Infrastructure, Biomass and Sustainable Biofuels)
Transportation (including Hybrid-Electric Vehicles, All-Electric Vehicles, Electric Rail, Hydrogen Fuel Cells for Transport, Advanced Transportation, Infrastructure, Advanced Batteries for Vehicles)
Water (including Energy-Efficient Desalination, UV and Reverse-Osmosis Filtration, Membranes, Drip & Smart Irrigation Systems, Automated Metering and Controls, Water Recovery and Capture)
Materials (including Biomimicry, Bio-Based Materials, Reuse and Recycling, Green Building Materials, Cradle-to-Cradle Systems, Green Chemistry).
The top five green job segments in the US cut across these sectors:
Solar Power, Biofuels & Biomaterials, Smart Grid & Energy Efficiency, Wind Power, and Advanced Transportation/Vehicles.
The report also ranks the top fifteen US cities for green jobs. They are:
- San Francisco Bay area
- Los Angeles area
- Boston area
- Metropolitan NYC
- Denver area
- Washington DC area
- San Diego
They also listed the top ten global employers (public companies only).
Company Location Segment Employees
1 Vestas Wind Systems Randers, Denmark Wind 20,730
2 LDK Solar Xinyu, China Solar 13,464
3 Suntech Power Holdings Wuxi, China Solar 12,548
4 Itron Liberty Lake, WA Smart Grid 9,000
5 China BAK Battery Shenzhen, China Energy Storage 8,200
6 Trina Solar Changzhou, China Solar 7,891
7 Baldor Electric Company Fort Smith, AR Electric Motors 7,250
8 Gamesa Corporacion Vitoria, Spain Wind 6,721
9 Neo-Neon Holdings Hong Kong LED Lighting 6,505
10 Yingli Green Energy Baoding, China Solar 5,813
Six of the ten companies, accounting for 55% of the jobs, are located in China. The other four are split between Europe (28%) and the US (17%).
Compensation data was also provided for a large number of jobs. Annual salaries shown range from $30,300 for an electrical assembler to $112,000 for a power plant manager. Most jobs require a high school diploma or a bachelor’s degree.
They also list five key trends to watch. These include:
- Clean Tech jobs sprout south of the border
- Feed-in tariffs spur job growth
- Obama spending billions to keep the US auto industry in the game
- Energy efficiency – Clean energy’s better half
- Global competition heats up for emerging offshore wind industry
The report closes with five key steps for building a clean tech jobs future. These are:
1. Deploy aggressive national renewable portfolio standards with “teeth”
2. Support green infrastructure development
3. Implement, and be sure to enforce, efficiency, fuel, and emissions rules and standards
4. Establish green banks, bonds, and funds
5. Implement carbon taxes
RP Siegel is co-author of the eco-thriller Vapor Trails.
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