Mature European Market: More than € 2 billion and More than 30,000 Jobs

The solar thermal market in Europe is by far a mature sector with a substantial total turnover of more than € 2 billion and more than 30,000 jobs. This is shown by the Solar thermal barometer published in October by the French-based organization Observ´ER. These figures result from some simple assumptions.

 

The average specific turnover per installed collector area in the five key markets in 2007 is 863 €/m2 (see table 1). There is no common agreement yet in Europe on how the turnover should be calculated; that´s why the figures differ a lot from one country to another. Despite this uncertainty, the total turnover of the solar thermal sector in Europe can be estimated from this average. The overall market volume last year was 2.74 million m2 multiplied by 863 m2, adding up to a turnover of € 2.4 billion.

 

Country / year

Turnover of the national solar thermal sector (Euro)

Annual newly installed collector surface ( m2)

Turnover per newly installed collector area (€/m2)

Germany / 2007

850.000,000

940,000

904

Austria / 2007

380,000,000

281,000

1,352

Greece / 2007

235,000,000

283,000

830

Spain / 2007

210,000,000

262,000

802

Italy / 2007

104,750,000

245,000

428

Table 1: Turnover of the solar thermal industry in the leading countries in 2006 and 2007

Source: National associations (BSW-Solar, Austria Solar, EBHE, ASIT, Assolterm)

 

 

 

The same assumptions could be made for the jobs created by the solar thermal sector. Table 2 shows the number of jobs in the five major solar thermal markets in Europe – adding up direct jobs in the industry and indirect jobs in retail, installation and maintenance. The employment in these five key markets in 2007 already exceeded 30,000 full-time jobs.

 

 

Country / year

Jobs in the solar thermal sector (direct and indirect)

Turnover per job (€/job)

New installed collector area per job (m2/job)

Germany / 2007

15,000

56,667

63

Austria / 2007

6,500

58,462

43

Greece / 2007

3,250

72,308

87

Spain / 2007

3,360

62,500

78

Italy / 2007 

2,551

41,062

96

Table 2: Employment in the solar thermal sector in the leading countries in 2006 and 2007

Source: National associations (BSW-Solar, Austria Solar, EBHE, ASIT, Assolterm)

 

 

On average, a plus of 73 m2 of newly installed collector area in a year adds one new full-time job. Relating to the overall European market of 2.74 million m2 this results in a figure of around 37,500 jobs. In most cases, solar thermal is used together with a source of back-up heating. Therefore, solar thermal does not replace another industry’s products, but really adds new demand and jobs. Assuming that the overall growth rate in Europe in 2008 will be 20 %, the sector will create around 7,500 new jobs.

Download Solar Thermal Barometer: www.energies-renouvelables.org/observ-er/stat_baro/observ/baro187.pdf

Share/Save

By continuing to use the site, you agree to the use of cookies. Find out more by following this link. Accept