22 Nov '12, 5pm

Press release: REA comments on @Ed_Miliband #climate and #energy speech #renewables #investment

REA comments on Ed Miliband climate and energy speech Posted: 22 November, 2012. Written by REA News Renewable Energy Association Press Release 22nd November 2012 Bloomberg analysis shows renewable power needs 'the greatest care' under Energy Bill Analysis by Bloomberg New Energy Finance, announced today by Ed Miliband, confirms anecdotal evidence from REA members that prolonged uncertainty in renewable power policy has slowed the investment pipeline [1]. This follows a recent report from Ernst & Young which showed that the wider power sector is now seeing its pipeline slow [2]. The BNEF analysis looks at when final investment decisions are taken. Activity reached a peak in 2009 and has dropped drastically since then. Projects typically start construction a couple of years later, meaning that fewer projects are due to come on-stream in coming years. The REA has warned abou...

Full article: http://www.r-e-a.net/news/rea-comments-on-ed-miliband-cli...

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