Amazon’s corporate investments in carbon-free energy projects contributed nearly $11 billion to the United States Gross Domestic Product (GDP) and supported approximately 22,000 jobs annually between 2023 and 2025, according to a report by research firm Oxford Economics.
The economic analysis evaluated the impact of Amazon’s clean energy portfolio, which includes solar facilities, wind farms, nuclear power agreements, and battery storage systems.
Globally, Amazon’s carbon-free energy portfolio encompasses more than 700 projects across 28 countries, representing over 40 gigawatts (GW) of total capacity.
The report highlights that the economic benefits extend across multiple supply chain tiers during both development and operational phases. Beyond initial construction employment, equipment procurement, and ongoing facility management, the projects generated substantial tax revenues to support local public services, including schools, road infrastructure, and emergency services.
Pete Collings, Managing Director of Economic Footprint and Sustainability at Oxford Economics, noted that corporate investments in energy infrastructure deliver broader economic activity, tax revenue generation, and grid resilience beyond direct power generation.
Given typical operational lifespans ranging from 25 to 60 years across various generation technologies, Oxford Economics projects that Amazon’s energy investments will contribute a cumulative $61 billion to US GDP through 2034 while supporting an average of 23,500 jobs annually.
The procurement strategy aligns with Amazon’s broader goal under The Climate Pledge to achieve net-zero carbon operations by 2040.
