Critical skills needs and challenges for STEM/STEAM graduates increased employability and entrepreneurship in the solar energy sector

© 2023 The Authors. This is an open access article available under a Creative Commons licence. The published version can be accessed at the following link on the publisher’s website: https://doi.org/10.1016/j.rser.2023.113776Energy produced by photovoltaic module (PVM) is poised to deliver the UN Sustainable Development Goal 7 (SDG-7) by 2030 and Net-Zero by 2050 but not until ample graduates with adequate Solar Energy Technology (SET) skills are produced by Higher education institutions (HEIs). Although PVM has witnessed significant penetration globally, the sustainability of the growth of the sector is challenged by attendant monotonic skilled labour shortages. The evolving growth imbalance is critical in the European Union (EU), limits her global competitiveness and necessitates the need to create wider awareness on the green technology to stimulate more production of solar energy sector (SES) specific skills graduates. Discussing the mismatch between the skills Europe needs and has in the SES, the study outlines key critical skills Science, Technology, Engineering and Mathematics (STEM) cum Arts (STEAM) graduates ought to possess to secure sector employment and the challenges limiting them from acquiring the competencies. The review is conducted via extensive study of relevant literature, analysis of interviews and observations. Academic, industrial, and entrepreneurial skills are identified as critical SES needs. Designing and running educational modules/curricula that embed the identified solar technology specialist skills on students and learners are proposed as vehicle to increase their employability and entrepreneurship. This study profiles trends and developments in the SES for stakeholders’ increased awareness while presenting the specialist skills in-demand for employment in the sector. The adoption of SET Training (SETechTra) curricula/modules by the EIs will substantially increase the production of industry-ready graduates whilst decreasing the SES skills gap.The authors acknowledge the European Union for funding the project entitled “Solar Energy Technology Training (SETechTra) Module for STEM Undergraduates” which produced this article under the Erasmus + Programme of the European Union. Project detail include: €392, 000.00 total grant; 36 months duration and agreement no.: 2020-1-UK01-KA203-079236. Innovate UK is also acknowledged for supporting the development of the mobile solar power system, project No. 83383.Published versio

Examining the Development of a Geothermal Risk Mitigation Scheme in Greece

Geothermal project development entails a number of risks, the most significant of which is the geological risk. The introduction of a risk mitigation scheme (RMS) might enable project developers to shift some of the geological risk to public or private entities. Keeping the above in mind, the objective of this study is to examine the development of an effective and financially feasible geothermal risk mitigation scheme in Greece, i.e., a country with no such scheme available. In this respect, the existing status of the geothermal sector in the country is presented, followed by an evaluation of the financial sustainability of a potential RMS, taking into account different insurance premiums, risk coverages, and project success rates. The results indicate that alternative insurance premium, risk coverage, and success rate requirements would result in different financial preconditions for the foundation either of a public or a private fund. Keeping in mind that in most examined scenarios the initial RMS capital is expended before the end of the ending of the scheme, it is suggested that such a plan can only be initiated by the public sector, which is typical of countries with little-developed geothermal markets