25 Sep '12, 5am

UK’s Renewable Energy Capacity to Match Thermal Power Capacity by 2025

sector is expected to grow at the fastest pace — from 6,000 MW in 2011, to 53,000 MW in 2025. Solar photovoltaics is also expected to show strong growth — from just 1,000 MW in 2011, to 13,338 MW in 2025. The UK’s energy economics create good market potential for the growth of renewables, mainly because of high retail electricity prices, energy security concerns, aging nuclear reactors, and restrictions on the use of shale gas . Resource constraints and price pressures create opportunity for government, developers, and investors to invest in the renewable energy sector in the UK against the volatile natural gas market.

Full article: http://cleantechnica.com/2012/09/25/uks-renewable-energy-...

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