Renewable Energy Funds, Clean Energy Investment, Solar Energy Investments, Alternative Energy Investments, Renewable Energy Companies

Latest News

Government stats show a surge in UK renewable energy

Posted at July 9, 2012 | By : | Categories : News | 0 Comment

The UK government has every right to gloat over the performance of the renewable energy sector, with its ongoing encouragement of alternative investments. Although many have been critical of the failures of the government to more actively encourage investment, the sheer output of electricity from renewables is certainly positive.

Clean energy initiatives include a feed in tariff to encourage people to create their own energy sources, selling back to the grid any excess.

More than ten percent of electricity is today provided by renewable energy in the United Kingdom, according to first quarter statistics. With hydro-electric power, solar panels and wind turbine technologies being exploited in the sector, the record high is outlined in the Energy Trends and Quarterly Energy Prices report. The increase is across all sectors, with the heavy rainfall of recent months playing a factor in accounting for a 43 percent increase in hydro electric generated electricity.

Considering the three month period outlined in government statistics from the year before, there is an increase of almost 40 percent in terms of renewable energy. The statistics reveal that alternative investments are clearly a way forward.

Bio mass technology has shown an increase in 21 percent. This is due to the move by the Tilbury B power plant to bioenergy technology away from more traditional fuels.

Private alternative investments are paying off too. The introduction of a feed in tariff to incentivise microgeneration has seen a massive increase in the sector. However, the microgeneration aspect of renewables is still a tiny fraction of the overall energy output across the entire renewable industry. Photovoltaic technology is the main source of the increase, with a massive increase in the popularity, sales and installation of solar panelling.

Energy derived from both onshore and offshore wind turbines rose dramatically too, at 51 and 50 per cent respectively.