Renewable energy sector is observing a remarkable growth in a time when global energy demands have dropped to an all time low, thanks to COVID-19.?
One such important renewable energy is also seeing an increase in use and as per a recent insight, might form the source of living for up to four million people directly and indirectly, across the globe by 2030.
Wind energy sector has been hailed for this remarkable potential by the Global Wind Energy Council (GWEC) recently. A prerequisite for wind energy to have such a wide employment base is that its deployment should take place at the necessary rate.
"Wind energy has been a major creator of skilled jobs and community benefits. Direct and indirect jobs in wind energy sector will more than triple from 1.2 million in 2018 to nearly 4 million globally by 2030," the global industry body said in a recent statement.
GWEC also mentioned how wind energy can play crucial role for economies to revive from the COVID-19 impact. The renewable source of energy will provide governments across the globe to reshape their economies in a more sustainable manner.
As per GWEC, the wind energy sector generated over $652 billion investments from 2015 to 2019. An additional investment of $207 billion is expected by 2030 if the installed wind capacity reaches more than 2,000 gigawatt (GW) by the time.
Harnessing wind energy for a nation’s energy demands will provide job opportunities, clean and affordable power, energy security as well as a sustainable economic recovery post COVID-19, mentions GWEC.
As countries resume operations after months-long lockdown due to the COVID-19 pandemic, use of renewable energy is increasingly coming into trend.?
Simultaneously, the demand for fossil fuels decrease as oil prices drop to a historic low in the US. Amid the transition, it might just make sense to step up on the rate of change and use cleaner energy for all human needs.