India’s Energy Workforce Growth in 2023
Clean Energy Job Growth
Jobs in clean energy increased by 5 percent in 2023. This growth outpaced fossil fuel jobs, which grew by only 2 percent. The rising demand for energy drives this trend. Significant investments in clean energy support these developments.
Total Energy Investment
Total energy investment in India surged by 6 percent in 2023. Clean energy investments led this growth, rising 35 percent above the 2016-2021 average. This reflects a strong commitment to sustainable energy sources.
Employment Breakdown in Energy Sectors
Fossil fuel supply employed over three million workers in 2023. Coal supply alone accounted for 1.6 million jobs. The oil and gas industry employed more than 800,000 workers. Most of these jobs were in midstream and refining sectors.
Low-Emissions Fuels Employment
Low-emissions fuels like bioenergy provided nearly 700,000 jobs. The bioethanol industry emerged as the world’s third-largest. The informal biofuel sector also contributed , especially in rural areas.
Power Sector Employment
The power sector employed around three million individuals. Employment was equally divided between electricity generation and grid maintenance. This balance is crucial for maintaining energy reliability across the nation.
Important Facts for Exams:
- IEA: The International Energy Agency promotes energy security and sustainability. It provides data and analysis on global energy markets. It was founded in 1974 in response to the 1973 oil crisis.
- Bioethanol: Bioethanol is an alcohol made from fermenting sugars. It is produced from crops like sugarcane and corn. It serves as a renewable fuel alternative to gasoline.
- Low-Emissions Fuels: Low-emissions fuels reduce greenhouse gas emissions. They include biofuels and hydrogen. Their adoption supports global efforts to combat climate change and enhance energy sustainability.
- Midstream Sector: The midstream sector involves transportation and storage of oil and gas. It connects upstream production to downstream refining. This sector is vital for ensuring efficient energy supply chains.
Month: Current Affairs - November, 2024
Category: Environment Current Affairs