Britain's green energy sector is illuminated: research data

Wind turbine emerges above Blyth, northeast England on December 13, 2019. UK turnover in low carbon and renewable energy industries rose 15.5% to 46.7 billion pounds (60.8 billion pounds). $ 54.6 billion in 2018 compared to 2015

Green energy has risen in Britain in the last three years, according to research published Thursday, which also showed the acceleration of investment in wind energy.

UK low-carbon and renewable energy turnover increased 15.5% to £ 46.7 billion ($ 60.8 billion, € 54.6 billion) in 2018 in 2015, according to the Office for National Statistics (ONS).

This rapid growth has contributed to the creation and maintenance of a total of 224,800 full-time jobs, compared to 200,800 three years earlier.

The expansion was made in the context of Britain’s longstanding vow to become carbon-neutral by 2050, when it hopes to achieve a net zero for greenhouse gas emissions in the UK.

The largest component of the sector was energy-efficient products – which include the design, construction or installation of energy-efficient doors, windows and insulation.

Sales of energy-efficient products, excluding lighting, accounted for about one-third of the total £ 16.7 billion in 2018, according to ONS.

The next largest component was low-emission vehicles, which had a turnover of £ 4.4 billion in the same year.

Concerning wind energy, ONS said that capital acquisitions in this sector accelerated to £ 4.2 billion in 2018, from just £ 700 million in 2015.

The annual ONS survey was based on a sample of 24,000 businesses in low carbon sectors, collecting turnover, imports, exports, employment, markets and asset sales.

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© 2020 AFP

Reference:
Britain’s green energy sector brighter: survey data (2020, 16 January)
retrieved on 16 January 2020
from https://techxplore.com/news/2020-01-britain-green-energy-sector-brightens.html

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