30 Dec '11, 12pm

Renewable energy boosts UK economy by £2.5bn: Energy Secretary Chris Huhne has revealed that the UK economy has

Energy Secretary Chris Huhne has revealed that the UK economy has benefited from renewable energy by the tune of £2.5bn so far in this financial year. This came as the UK published an update on progress to source 15% of all energy from renewable sources by 2020. Latest research from DECC shows that almost £2.5bn worth of investment has been announced by companies involved in renewable projects in the UK, with the potential to create almost 12,000 jobs. A separate report to the European Commission on renewable energy progress that showed that the UK: Achieved a 27% increase in renewable energy consumption from 42.6TWh in 2008 to 54TWh in 2010 – representing 3.3% of total energy consumed. Increased wind generation by 46% from 7TWh in 2008 to 10.2TWh in 2010, and in 2010 achieved 5GW of offshore and onshore wind capacity; and Saw a threefold increase in the use of biofuels in...

Full article: http://www.thegreencarwebsite.co.uk/blog/index.php/2011/1...

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Renewable energy boosts UK economy by £2.5bn

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A separate report to the European Commission on renewable energy progress, shows that the UK: Achieved a 27% increase in r...

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