Solar thermal energy to create 470,000 jobs

Under the most ambitious scenario, solar thermal would make up 6.3% of the European Union’s 20% renewable energy target, representing an annual sector growth rate of 26. As a footnote, the European solar thermal market achieved a spectacular growth of 60% in 2008. By 2050 solar thermal has the potential to cover 47% of the EU low-temperature heat demand.
In terms of economic effects, the impact on employment would be considerable. In total, the solar thermal sector would provide 470.000 full-time jobs in 2020, in the European Union domestic market alone.
“The solar thermal market is expected to reach huge growth in the coming years as energy and climate policies push renewable space and water heating up the agenda”, says ESTIF President Olivier Drücke.
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