Wednesday, 13 June 2012

Scot’s a Hot-Spot for Renewable Energy Investment

Whilst all we’ve had to report over the past few weeks is Coalition-led cuts and restructuring to the incentives for renewable public and commercial energy in England, Scotland is set to becoming the leading location in the UK for attracting investment in renewable energy.

Renewable Energy Investment

A projected £8billion investment – equivalent to £4.5m per day – comes after the 2011-12 reports compiled by the Department for Energy and Climate Change (DECC) revealed that £1.7 billion of new renewable energy projects were being completed north of the Scottish border.

As well as attracting further interest and driving down the cost of public and commercial energy in the highlands, 4,411 jobs were created directly as a result of the expansion into ‘green’ energy.

1 comment:

  1. That is indeed good news! It is good to know that countries are now banking on the use of renewable energy. The good thing about using this green concept is that they can save on money for using non-depleting resources and they can help their environment. Compared to traditional energy sources, renewable energy is cost-efficient and has less environmental risks. [Sabrina Garza]