Utilities renewables market report - UK 2012-2016 analysis

Friday, Aug 10, 2012

Research and Markets (http://www.researchandmarkets.com/research/lbmxfp/utilities_renewabl) has announced the addition of the "Utilities Renewables Market Report - UK 2012-2016 Analysis" report to their offering.

“Utilities Renewables Market Report - UK 2012-2016 Analysis”

Renewable energy is defined as natural flows that occur continuously in the environment which can be harnessed to provide power for domestic and industrial uses. Renewable energy sources are becoming increasingly important for the UK's energy market with emphasis on the need to supply increasing amounts of the UK's energy requirement from non-fossil fuel derived sources. The interest in the renewable energy sector has been driven in recent years by growing concerns regarding climate change and the need to reduce carbon emissions and as a result of UK legislation and European Directives laying down parameters for longer-term expansion of the sector.

Although the need to reduce carbon emissions and the issue of climate change have been key contributory factors in the growth of renewable energy sources over the last decade, a more recent impetus has been provided by the issue of the future security of the UK's energy supply.

The utilisation of renewable sources of heat and energy in the UK has been variable with hydro electric possibly having the longest history but with others such as solar photovoltaics and wave/tidal generation relatively less developed.

Overall output for electricity generated by renewable power sources in 2010 was 25,734GWh, an increase of 42% on the 18,106GWh produced in 2006. Although this 42% increase indicates the significant growth in renewables generation over the period, 2010 figures represent only 6.8% of total UK power generation.

Source: Business Wire