Monday, 6 June 2011

UK must ramp up renewables to stay competitive

The UK needs to up its game if it wants to be considered a serious contender in the renewables market, a leading energy-from-waste firm has warned.

Covanta Energy believes Britain may lose its competitive edge if it doesn't address some of the key barriers to renewables investment such as ambivalence among policy-makers and the cumbersome planning process.

The UK has a target of 30% of electricity to be produced from renewable sources by 2020, but currently only 6.6% of electricity is generated in this way.

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