Tag: Jobs
Clean Energy Adds Jobs, but Pace Is Slow
The post Clean Energy Adds Jobs, but Pace Is Slow appeared first on POWER Magazine.
An analysis of federal labor data for the clean energy sector shows renewable energy and other industries are adding jobs after months of declines brought on by the coronavirus pandemic. But the gains in July were lower than those in June, signaling sectors such as solar, wind, energy storage, energy efficiency, and electric vehicles continue to struggle amid the COVID-19 outbreak.
The American Council on Renewable Energy (ACORE), Environmental Entrepreneurs (E2), and other clean energy advocacy groups responded to a report from BW Research Partnership released August 12 that showed clean energy industries added 3,200 jobs in July, a far cry from the more than 106,000 jobs added in June. The groups, though, said the sectors’ combined unemployment is still about 15% below the levels from earlier this year, prior to pandemic-induced lockdowns that resulted in more than 620,000 lost jobs in the clean energy sector at the peak of job losses in May.…
21 HR Jobs of the Future – Harvard Business Review
21 HR Jobs of the Future Harvard Business Review
“job” – Google News…
UK Energy Giant Will Cut 5,000 Jobs
The post UK Energy Giant Will Cut 5,000 Jobs appeared first on POWER Magazine.
Centrica, the major UK utility and the biggest supplier of energy to British homes, on June 11 said it would cut 5,000 jobs as part of a cost-cutting effort. CEO Chris O’Shea, who took over the company three months ago, said he also wants to simplify the utility’s business model.
The company Thursday said the changes would fast-track cost savings as part of its plan to cut $ 2.54 billion from the business by 2022. Centrica is the parent of British Gas, and the company in a February financial report said it lost £849m ($ 1.07 billion) in 2019. It blamed the loss on the UK’s cap on energy prices, and falling prices for natural gas. The government price cap weighed on the company’s profits, and many of the utility’s customers have left to find smaller and cheaper suppliers.
