Latest research from the Department of Energy and Climate Change (DECC) shows that up to the present time in this financial year, companies have announced plans for almost £2.5 billion worth of investment in renewable energy projects in the UK, with the potential to create almost 12,000 jobs across the country.
Huhne reports, “Renewable energy is not just helping us increase our energy security and reduce our emissions. It is supporting jobs and growth across the country, and giving traditional industrial heartlands the opportunity to thrive again. Our renewable target is less demanding than other EU member states, but the effect is bringing real jobs and investment. I do not want the UK to be left behind by turning our back on the green economy. The agreement to negotiate a global deal secured at Durban has reinforced major nations’ commitment to cutting carbon. We cannot afford to stand alone while the world wises up.”
A separate report to the European Commission on renewable energy progress that showed that the UK achieved a 27 percent increase in renewable energy consumption from 42.6TWh in 2008 to 54TWh in 2010, which represents a little over three percent of total energy consumed; increased wind generation by 46 percent from 7TWh in 2008 to 10.2TWh in 2010; achieved 5GW of offshore and onshore wind capacity in 2010; and enjoyed a threefold increase in the use of biofuels.