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Almost 126,000 employed in renewable energy UK

The UK’s renewable energy industry, including heat, power and transport, employed a record 125,940 people in 2015/16, according to a new report. Source: Bioenergy News

The report is called REView 2017 and is the sector’s  annual publication.

The number of jobs grew by 2.5% between 2014/15 and 2015/16, a significant decline in growth from two years previous when growth was at nearly 9%.

REView is published with employment data from independent consultancy Innovas and investment data and analysis by KPMG.

Key points raised in the REView 2017 publication include:

  • 125,940 jobs in renewable energy in 2015/16,
  • For the first time data has been compiled on employment in energy storage and electric vehicles, clean tech sectors which employ 16,256 people,
  • Renewable energy industry turnover of £17.4bn in 2015/16, a growth of 3.5% on the previous year,
  • The number of companies operating in renewable energy, however, has fallen by 5%, largely due to a significant contraction in the solar PV market (turnover in which has fallen to 2011/12 levels).

The industry turnover has been growing at an average rate of around 6% annually since 2012/13.