(MENAFN- Trend News Agency)
BAKU, Azerbaijan, June 6. Thirty to forty
percent of the current energy workforce will be out of work by the
year 2030, Managing Director and Partner, Leader of People &
Organization Practice at Boston Consulting Group (BCG) Matteo
Radice said, Trend
reports.
He made the remark during today's panel discussion themed "The
Role of Human Capital in a Successful Energy Transition" at the
29th Baku Energy Forum in Azerbaijan.
"The conventional energy industry in the world will undergo
significant changes by 2030, which will lead to a reduction of
30–40 percent of jobs in this industry. In light of the shift to
renewable energy sources, how will the need for specific
occupations evolve? Around the same time, between 25 and 30 percent
of new jobs will be produced in the renewable energy sector.
As a whole, these industries are feeling the effects of this
massive shift. Seven million jobs will still be open by 2030,
according to the research that has been translated into concrete
figures. The population of a whole nation is contained inside this
number, or city," he added.
To note, over 600 delegates are participating in the forum,
which began on June 5, representing a diverse range of countries
including Australia, Austria, Belarus, Belgium, Bulgaria, China,
the Czech Republic, Finland, France, Georgia, Hungary, India,
Israel, Italy, Japan, Kazakhstan, Latvia, Monaco, the Netherlands,
Norway, UAE, Qatar, Romania, Russia, Saudi Arabia, Slovenia,
Sweden, Switzerland, Ukraine, the UK, the US, and Uzbekistan. This
year's forum boasts a record number of speakers, totaling 81.
The Forum's agenda addresses energy issues of significance for
Azerbaijan and the broader Caspian region, focusing primarily on
considerations and financing related to energy security, energy
transition, and green energy projects.
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