Schneider Electric study: transition to Net-Zero buildings and employment
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The expert company in the digital transformation of energy management and automation Schneider Electric, together with Boston University, concludes in a study that more than 2 million new jobs can be created in Europe and the United States through the adoption of clean energy technologies in new and retrofitted buildings.
The results come from a study conducted in collaboration between the Boston University Institute for Global Sustainability (IGS) and the Schneider Electric Sustainability Research Institute(SRI).
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Main facts/points outlined in body of text
- The study 'Building a green future: examining the job creation potential of electricity, heating and storage in low-carbon buildings' calculates in detail the job creation in low-carbon buildings of the future.
- From a micro-scale perspective, the study calculates overall employment outcomes for low-carbon building archetypes, including residential, hospital, hotel, office, retail and training buildings in North America, Europe and Asia.
- The data focused specifically on the potential for deployment of rooftop solar panels, heat pumps and energy storage batteries for self-production of renewable energy.
- These low-carbon technologies contribute to the electrification and digitization of buildings, which is critical to reducing global greenhouse gas emissions.
- The study's employment estimates will be fully realized over time, in line with the global Net Zero consumption targets set for 2050, making it a reasonable timeframe for the renovation of 100% of eligible buildings.
- According to Vincent Petit, Senior Vice President of Climate and Energy Transition Research at Schneider Electric and Head of the SRI, "It is becoming increasingly clear that, thanks to current technologies, it is now feasible for buildings to make a rapid transition to Net Zero. What we don't often realize is that such a transition brings significant socio-economic benefits. This study demonstrates that.
- A number of conclusions emerge from the study, firstly, that the potential for job creation depends on both the region and the type of building. In the case of residential buildings, approximately 0.05 jobs can be created per building. In the case of commercial buildings between 0.3 and 4.7 jobs per building. Taking into account the number of residential and commercial buildings, the job creation potential exceeds millions.
- Secondly, Europe foresees significant job creation. France could generate 295,000 jobs, followed by Germany with 257,000 jobs, Italy with 252,000 jobs, the United Kingdom with 247,000 jobs, Spain with 212,000 jobs and the Netherlands with 66,000 jobs.
- Third, significant job creation is expected in the various regions of the United States: 182,000 jobs could be created in the West, while the Midwest is expected to see an increase of 18,900 jobs. In the Northeast, 123,000 jobs are expected, and the South and Southeast regions are poised for substantial growth, with an estimated 319,000 jobs.
- Fourth, the study finds that the greatest potential for job creation lies in the use of heat pumps for large buildings and battery storage in regions and building types with surplus solar energy; and also that for heat pumps, solar PV and batteries, most of the job creation years come from construction and installation.
- Finally, the research expands on two recent findings from the Schneider Electric Sustainability Research Institute that demonstrated that carbon emission reductions of more than 60% can also be achieved when these low-carbon solutions are implemented and up to 70% when digital building and energy management solutions are deployed in existing office buildings.
- These results can generate significant benefits in the short term, so the detailed estimates will be useful to inform companies, communities and governments wishing to engage in building projects.