Green Hydrogen Revolution Has the Potential to Spur Significant Economic and Job Growth Across Europe
However, the report, "Green Molecules: The Upcoming Revolution in the European Employment Market," reveals the transition will require reskilling and upskilling 60% of professionals to equip them with crucial skills needed to meet the growing green demand.
"The future of work is undoubtedly greener and more digital. This report provides practical steps to drive sustainability agendas while empowering millions of people with meaningful and sustainable jobs," said
The report forecasts that over the next 16 years, the countries that will lead in green hydrogen production and related employment growth will be
Responding to findings around skills gaps and job growth opportunities,
"Climate change poses one of humanity's greatest challenges and the green energy transition is crucial to guarantee our planet's future. At Cepsa, we aim to spearhead this revolution through our own transformation to become a European leader in the production of green molecules such as green hydrogen and biofuels to decarbonize energy-intensive sectors like heavy transport and industry," said Cepsa CEO
"In this transition, partnerships and inclusivity prove critical. Our collaboration with
The report also outlines 10 key proposals to equip professionals for the green hydrogen economy:
- Matching the demand for professionals with the supply of competencies - Estimating skills gaps, encouraging continuous upskilling, improving access to critical skills information, and public-private collaboration.
- Rethinking the university system - Anticipating needed capacity, updating knowledge, accelerating entry to the workforce, fostering company connections, and developing specialized degree programs.
- Supporting vocational training - Expanding dual models, incorporating soft skills training, and aligning program offerings with local investment plans.
- Nurturing non-formal training and talent hubs - Utilizing corporate academies, overseeing quality, and collaborating on skills catalogs.
- Promoting diversity and mobility - Incentivizing women in technical fields, enabling reverse mentoring, encouraging geographic mobility, and supporting worker transitions.
- Fostering public-private partnerships - To jointly plan training and workforce strategies.
- Embracing talent without borders - Enabling international collaboration and vocational promotion.
- Driving mass dissemination - Raising public awareness and visibility of opportunities.
- Attracting and retaining talent - Accelerating environmental commitments and promoting green employer brands.
- Conducting new skills mapping - Evolving classifications to adequately capture green molecules skills.
Explore the complete findings and practical proposals regarding upskilling, partnership strategies, and more here.
This press release contains forward-looking statements, including statements regarding the impact of the green transition, including green hydrogen production, on the European labor market across
Cepsa is a leading international company committed to sustainable mobility and energy with a solid technical experience after more than 90 years of activity. The company also has a world-leading chemicals business with increasingly sustainable operations.
Through its 2030 strategic plan, Positive Motion, Cepsa aims to become a leader in sustainable mobility, biofuels, and green hydrogen in
ESG criterion inspire all of Cepsa's actions as it advances toward its net positive objective. Over the course of this decade, it will reduce Scope 1 and 2 CO2 emissions by 55% and its carbon intensity index by 15-20%, with the goal of achieving net zero emissions by 2050.
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Emma Almond, +1 (414) 544 1489, email@example.com