Renewables will provide enough power for one in 10 British homes by 2015 if current growth rates continue
Renewable energy capacity will overtake nuclear power in the UK by 2018, if current rates of growth continue, and will provide enough power for one in 10 British homes by 2015, according to new research.
The amount of electricity supplied by wind energy alone is up by a quarter since 2010, in a surprisingly good year for the renewables industry. While the government has notably cooled on wind power – more than 100 Tory MPs signed a statement this year opposing new windfarms, and the chancellor of the exchequer, George Osborne, has queried the future of subsidies – the industry has continued to grow, with investment in offshore wind up by about 60% to £1.5bn in the past year. Planning approvals for onshore windfarms also rose, up by about half, to reach a record level, according to the trade association Renewable UK.
Despite the outspoken opposition from many Tory MPs against wind power, there was a rise in the amount of onshore wind capacity approved last year for the first time since 2008.
Maria McCaffery, chief executive of Renewable UK, said: “These strong figures underline the importance of a secure trading climate to attract investment, especially in difficult times. That’s why it’s so important that the framework provided by the energy bill, currently under parliamentary scrutiny, must be right. Although we still have a long way to go to meet our challenging targets, we are firmly on track and gathering momentum.”
Continue reading at Renewable energy will overtake nuclear power by 2018, research says
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