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Green Energy in the UK: Renewable sources, drivers, legislation, capacity growth and the future outlook
Market Study
Published: July 2010
Pages: 94
Tables: 22
From: GBP 1982.00 Buy Now!
Research from: Business Insights
Sector: Renewables
Renewable energy generates close to 2% of electricity in UK. In 2008, UK electricity generation totaled 389,650GWh, a decrease of 1.9% over 2007. During 2004?8, UK electricity generation decreased at CAGR of 0.3% mainly on account of financial crisis. At a national level, the UK Renewable Energy Strategy?(2009) suggests that the UK electricity generation from renewables would be more than 30% by 2020. UK renewable energy industry is driven by government incentives and mandates. The UK electricity market for renewables is driven by Feed-in Tariff system and the Renewable Obligation. This report documents the growth of the UK renewable energy market, showing its current status and projecting where it is likely to grow to in the foreseeable future. This document gathers the statistical data on the different types of energy generation, combines and contrasts them against each other to show the clear leaders, drivers to change and future growth.