24 Jun '16, 7am

#Renewables sector braced for #Brexit impact as #UK votes 'Out'

#Renewables sector braced for #Brexit impact as #UK votes 'Out'

The 52% versus 48% decision “raises serious questions for investor certainty, energy security and much needed investment in the UK energy infrastructure” said UK industry body The Renewable Energy Association, which was among the first to react to the result. It added: “The vast majority of our members had fears of Brexit, and we will be consulting with them and government in the coming weeks to set out a plan for continued low carbon energy investment, deployment and assurance of the 117,000 jobs in this sector.” German industrial giant Siemens, which was vocal in the run-up to the vote with its fears over the impact of an exit on its new £310m ($349m), 1,000-employee offshore wind hub in Hull, northeast England, today said "this was a decision for the British people and their view must be respected", adding that it "remains committed" to its business in the UK. Siemens s...

Full article: http://www.rechargenews.com/wind/1436756/renewables-secto...

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