What California industry is bigger than Hollywood? Hint: It takes energy, baby
April 13, 2016 | By
Barbara Vergetis Lundin
California's advanced energy industry is booming in terms of jobs with more than half a million workers --- up 18 percent from 2014 and six times the rate of statewide employment growth.
That is according to research from Advanced Energy Economy
(AEE) Institute, which also reports that advanced energy
accounts for more than three percent of the state total. The research shows that the greatest increase in number of jobs came in advanced generation, with solar accounting for nearly 80 percent. Advanced generation employment grew 50 percent over 2014, creating almost 48,000 new jobs in the state. Advanced transportation, which includes hybrid, electric, and natural gas vehicles, also saw growth, adding just under 7,000 new workers -- 65 percent more than in 2014. The only advanced energy segment that lost jobs was advanced fuels, including biofuels and biomass, which were both impacted by low oil and gasoline prices. Advanced fuel employment fell more than 50 percent last year, resulting in a loss of about 8,000 jobs. For more:
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