The study presented at the World Economic Forum meeting held in Davos (Switzerland) by ManpowerGroup and Cepsa. “Green molecules: Imminent revolution in the employment market in Europe”, states that they can Create 1.7 million new Jobs and €145 billion growth in European GDP by 2040 thanks to new renewable fuels green hydrogen or biofuels.
The report predicts that Spain will experience employment growth related to green hydrogen production over the next two decades. Spanish industry’s tractor effect linked to green molecules will produce more 116,000 jobs this decade and 181,000 jobs in 2040This corresponds to 11% of the total employment generated in the EU and the UK. In terms of economic growth (GDP), the sector will contribute an additional 15.6 billion euros by 2040; This represents an increase of 1% compared to 2022 GDP.
Spain this country new jobs They require more skills linked to the energy transition to 2040, with 55% of new positions. Additionally, the study highlights that: The existing gender gap in the energy sector has been reducedAchieved 37% representation of women in the green molecules industry. This is all due to a higher rate of female participation in the company, which will double male participation between 2030 and 2040 and allow women to occupy 51% of new direct jobs created in renewable fuels by the end of the 2040s.
“Climate change poses one of humanity’s greatest challenges; Energy transformation is vital to guarantee the future of our planet. “As Cepsa, we aim to lead this revolution by transforming into a company that produces green molecules such as green hydrogen and biofuel to decarbonize sectors such as transportation and heavy industry,” he said. Maarten Wetselaar, CEO of Cepsa. “Alliances and inclusivity are crucial in this transition. Our collaboration with ManpowerGroup represents an important next step towards creating incredible opportunities. employment creation The energy transition requires this, as it will allow us to channel data-driven strategic knowledge and translate it into specific skills development programmes, management and planning of required profiles and training initiatives. “Together, we can prepare professionals with the skills required for emerging green roles and make the opportunity accessible, ensuring it is inclusive and empowering thousands of professionals.”
“As the impact of climate change becomes more evident around the world, coordinated collective action becomes more urgent. European countries are taking steps to accelerate the transition to an economy based on renewable energy and achieve net zero emissions. “And it is precisely this decarbonization drive that represents the next big change in the world of employment.” Jonas Prising, CEO of ManpowerGroup. “We are facing a new era that represents a tremendous opportunity not only for companies but also for millions of professionals. But we can only benefit from this if we prepare people for it. “The future of work is green and we must work together to secure the future of the planet and its inhabitants.”
Demand for technical professionals is increasing
Just 20 occupations account for 8 in 10 new jobs created in the renewable fuel sector: these are primarily mid-level and senior technical positions. Until By 2040, demand will increase for mid- and senior-level scientists and engineers, electricians, administrative and sales directors, mining and construction workers, IT specialists, metallurgists and machine operators. Professionals who want to benefit from one of the new jobs that will be created need to be trained in one or more of the skills required to perform these professions. At the same time, it is necessary to mobilize professionals in professions that will lose interest so that they can retrain in other professions that are in greater demand.
By 2040, 88% of new jobs created by green hydrogen and biofuels will arise in sectors other than energy (services, industry or construction sectors); This shows that the green molecule economy has a driving effect on the entire productive value chain. The report states that the transition will require upskilling and reskilling to provide 60% of professionals in Europe with critical green skills. Countries such as Italy, Germany and Spain face the largest skills gaps that need to be addressed through vocational training, mapping of the workforce’s tools and skills, and public-private collaboration.
Cepsa, together with its partners, is developing the largest green molecule centers in Europe, with the 2G biofuel projects it supports in the Andalusian Green Hydrogen Valley and Spain. Estimated to create up to 14,000 direct, indirect and induced jobs. Cepsa’s plans include two green hydrogen plants of 1 GW each, with an annual production capacity of 300,000 tonnes; There is a green ammonia facility with an annual production capacity of 750,000 tons, a green methanol facility with an annual production capacity of 300,000 tons, and a biofuel facility with a capacity to produce 500,000 tons of renewable diesel and sustainable aviation fuel (SAF).
To view and access the full report, visit: https://www.manpowergroup.es/estudios/las-moleculas-verdes-la-inminente-revolucion-del-mercado-del-empleo-en-europa-realizado-por-manpowergroup-y-cepsa
ABOUT MANPOWERGROUP
ManpowerGroup is the world’s leading talent and technology solutions company. It helps organizations adapt to the ever-changing employment market, selecting, assessing, developing and managing the talent they need to achieve business goals. Using the latest technological tools, it creates innovative strategies for hundreds of thousands of companies every year, ensuring that they have the qualified professionals they need, while providing decent and sustainable employment to millions of people. With its different brands (Manpower, Experis and Talent Solutions), it provides value to candidates and customers in more than 75 countries, as it has for more than 70 years. Additionally, diversity, inclusion and equality policies and good business practices are recognized by numerous organisations.
More information is at www.manpowergroup.es.