The transition to electric vehicles (EVs) could create around 30,000 new jobs along with other economic benefits across the UK.
According to a new report by the University of Strathclyde’s Centre for Energy Policy and supported by SP Energy Networks (SPEN), if the investment in upgrading the network to allow a 99% EV uptake by 2050 in the UK was made, this would not only create tens of thousands of jobs but increase GDP by 0.16%.
Jobs would be created in the network, construction and service sector supply chains, with the average wages within these increasing by 0.1% thanks to the investment as well. Additional roles will be created in related areas as well, such as developers of bodywork and delivery drivers for EV companies.
Scott Mathieson, director of Network Planning and Regulation at SPEN, said the company’s work is “far more than just keeping the lights on.”
“Investing in EV infrastructure and adoption of EVs will help shift a post-COVID 19 economy onto a pathway for a green economic recovery.
“This robust analysis demonstrates why providing the right environment for greater investment in the infrastructure to support EVs now is so crucial to creating a much-needed economic stimulus and enabling the UK to meet Net Zero targets. By working together, we can help develop a better future, quicker.”
The report comes after it was revealed that 45% of young people consider sustainable sectors like the EV sector, offer more secure career paths and over half of young people want a job that helps to protect the planet.
Professor Karen Turner, director of the Centre for Energy Policy at the University of Strathclyde highlighted that the transport sector decarbonising will be key to the UK hitting its binding net zero by 2050 target.
Read more: Current
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