Tuesday, May 21, 2013
A new inquiry investigating the role of renewable power generation in the UK’s future energy mix has been launched.
The inverter market for renewable energy systems in Europe earned more than €3.58 billion ($4.63 billion) in 2012 and this figure could rise to €5.24 billion ($6.77 billion) in 2018, according to new research.
UK Energy Secretary Ed Davey has said that Scotland's renewable energy industry would be damaged if it were to become independent from the rest of Britain.
UK energy minister John Hayes today said it was "detached and bourgeois" to suggest that cutting down trees to use as biofuel was counter-productive to following a green agenda.
Offshore wind power installations in Europe rose by a third in 2012 and may increase by another 20 percent this year as developers build bigger farms in deeper waters, the European Wind Energy Association said.
The UK and Ireland today pledged to work together to secure economic benefits for both countries through renewable energy trading.
French president Francois Hollande has made an outspoken call for investment in renewable energy.
A new report which compares the economics of gas and offshore wind for the UK concludes that the country would be about $30 billion better off by 2020 if it went down the renewables road.
The UK government's Energy Bill has received a warm welcome from renewable industry players and representatives.
UK Energy Secretary Ed Davey Wednesday said "we are on the cusp of a renaissance in British energy" after unveiling the government's long-awaited Energy Bill.
FOLLOW
CONTACT