Monday, 12 November 2012

Renewable energy will overtake nuclear power by 2018, research says - 30 Oct 2012 - News from BusinessGreen


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 wind farms, 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 per cent to £1.5bn in the past year. Planning approvals for onshore wind farms also rose, up by about half, to reach a record level, according to the trade association Renewable UK.

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