2024-11-21
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Newsarchive - Renewable Energy Association (REA)

ETRI 2023: UK faces some of the biggest challenges in reaching energy transitions targets

ETRI 2023: UK faces some of the biggest challenges in reaching energy transitions targets
11/09/2023

Energy Transition Readiness Index (ETRI) 2023 indicates that while the UK has some of the most ambitious targets for 2030, it faces some of the biggest challenges in reaching them / Energy transition governance and regulation, grid access delays, and unfavourable flexibility markets all contribute to investment uncertainty and hold back the deployment of renewable energy in the UK / ETRI highlights the recent uncertainty in public and political confidence about the best way to meet net zero economically

REview23, the REA's annual state of the industry report, shows growth of renewables sector, but much further to go

REview23, the REA's annual state of the industry report, shows growth of renewables sector, but much further to go
10/09/2023

REview23, the REA’s state of the industry annual report, is published / Growth and further successes are shown in the power sector, but until supportive government policy measures are forthcoming for heat, transport and circular bioresources, it will continually be a challenge for the UK to meet its net zero commitments in the short, medium and long term / Government must address policy gaps if it is serious about energy security and harnessing the economic potential of net zero / 14% of the UK’s energy (power, heat and transport) supplies came from renewable sources in 2022 / Over 140,700 people were employed in the renewable energy and clean technology sector in 2021/22 – the REA projects that this could increase to 210,000 by 2035 / Regional market value projections estimate that the value of the renewable and clean technology sector could reach £46bn by 2035 given the right policy and regulatory conditions

If the Government are serious about delivering energy security while reaching net zero, they should be accelarating the cheapest form of delivery

If the Government are serious about delivering energy security while reaching net zero, they should be accelarating the cheapest form of delivery
08/01/2023

The REA respond to news that the Government confirms “hundreds” of new oil and gas licences will be granted in the UK / Real energy security will be delivered by reinforcing our grid systems, sorting out planning delays and ensuring the UK remains an attractive investment market so that low carbon generation can be built quickly / Renewables and clean tech must be part of the discussion if the UK is to achieve energy security, net zero targets, and remain attractive for low carbon investment

REA response to Government's Energy Security Investment Mechanism

06/19/2023

The REA responded to last week’s announcement that the Government will introduce a new Energy Security Investment Mechanism / Government is focusing tax cuts on fossil fuel producers, while the equivalent windfall tax on renewables remains unchanged / The REA stresses that the Energy Security Investment Mechanism must be extended to renewables if government is serious about energy security.

Spring Budget 2023: A Missed Opportunity in Attracting Low Carbon Investment

03/16/2023

The REA responds to today’s Spring Statement saying that despite a few welcome measures, the “clean energy reset” offered little for renewable energy and clean technology / Extended support for consumers welcome, but further measures are required to address the underlying energy crisis in the long-term / Overall, it marks a missed opportunity for the UK, as the US and EU push forward in attracting low carbon investment

REA cautiously welcomes Department for Energy Security and Net Zero, provided joined-up work continues between new departments

02/08/2023

The REA cautiously welcomes the creation of the Department for Energy Security and Net Zero / Government must now prioritise collaboration, urgency and certainty, if the new department is to deliver on its goals / Recognition of both the climate and energy crises welcome, and the REA look forward to working alongside this department to rapidly scale up renewable energy and clean technology investment and deployment

REA welcomes Scotland's ambitious Draft Energy Strategy and Just Transition Plan

01/16/2023

The REA welcomes the Scottish Government’s publication of the Draft Energy Strategy and Just Transition Plan / The strategy set out how Scotland intends to meet the existing target of reaching Net Zero by 2045, five years ahead of the UK Government target / Prioritising a Just Transition recognising how growth in renewables and clean technology provides the opportunities for a cleaner, stronger and fairer economy also extremely welcome

REA welcomes Labour's renewable energy priorities

01/06/2023

The REA has welcomed today’s Labour Party announcements backing crucial investment in renewable energy and clean technology / Prioritising the sector’s potential as soon as possible will help to achieve Labour’s plan for 100 percent clean power generation by 2030 / All political parties urged to focus on delivering new investment and growth for all renewable energy and clean technologies

REA response to announcement of the next Prime Minister

10/25/2022

REA responds to the announcement of Rishi Sunak as the next UK Prime Minister / Recent political uncertainty has posed a threat to the deployment of renewables and clean technologies that can help achieve the overall goal of reaching Net Zero emissions by 2050 / The REA calls on Sunak to prioritise achieving net zero as part of his mission to tackle the UK’s “profound economic crisis.”

‘Wholly inadequate’: Government’s Energy Security Strategy ‘fails to rise to the challenge facing the country’

04/08/2022

Energy Security Strategy is described as ‘wholly inadequate’ with the Government ‘failing to rise to the challenge facing the country’ / Solar, hydrogen and offshore wind commitments welcomed, but plans lock the UK into more expensive, longer to build, non-renewable power sources / Refusal to expand Energy Company Obligation scheme ‘will condemn people to continued financial hardship for the foreseeable future’.

UK in danger of not meeting decarbonisation targets says new report

09/22/2021

A new report from the Association for Renewable Energy and Clean Technology (REA) has found that the UK risks missing its decarbonisation targets without urgent action to increase grid flexibility.

Brexit Deal and Energy – in Summary

01/05/2021

Brexit Deal Guidance: Within this briefing, we highlight the outcomes relating to the EU-UK Free Trade Agreement (the Brexit deal) relevant to REA members.

REA sets out plans for a successful Green Recovery as the Prime Minister outlines initial support package

07/02/2020

The REA has published a report outlining the key policies needed to achieve a successful Green Recovery / Amongst the policy recommendations, the report highlights energy efficiency and reducing VAT rates as key to unlocking a Net Zero economy / The REA is calling on the Chancellor to implement these recommendations in his forthcoming stimulus package / This comes in the same week that Prime Minister Boris Johnson sets out the first stage of UK economic recovery

Green jobs could increase 85% in 10 years with Government support

03/10/2020

A new report from the REA has found that jobs in renewable energy and clean technology could increase by 85% in just 10 years if supported by the Government / A fifth (46,000) of these jobs are predicted to be in the North of England, which is currently home to a number of carbon intensive job clusters / To see growth in the renewable energy and clean technology sector the Government must implement effective policies in the short and long term

UK goes without coal for a record breaking two months

10/25/2018

The UK has run for more than 1600 hours without coal power so far in 2018 / The amount of coal-free hours in 2018 is already double the combined coal-free hours of 2016 and 2017 / This is the third time this year that the UK has broken records on low coal consumption

Deep concern in renewable energy industry about proposals in Autumn Budget

11/24/2017

Government ends future support for renewable power deployment in Budget until an estimated 2025 / No additional clarity as to how projects will be supported following the existing round of “Contracts-for-Difference” auctions in 2020 / Carbon price trajectory not set as expected / Lack of clarity around how future heat projects will be supported / New support for electric vehicles welcomed but does not fully address significant issues that this Budget poses to the larger renewable energy and clean tech economy

Record renewable power generation reported amid falling coal

10/29/2017

Government data shows record renewable electricity generation in Q2 2017, reaching nearly 30% of the mix / Growth in renewable power generation comes amid over 50% fall in coal generation, which reached a record low / Analysis by the REA, however, shows declining solar PV deployment despite it being the cheapest means of new power production available / REA urges Government now to prioritise decarbonisation of heat and transport sector

New report shows nearly 126,000 employed in growing renewables industry, but growth slowing

07/25/2017

REA releases annual publication REView 2017 / 125,940 people employed across renewable heat, power, and transport in the UK in 2015/16 / 2.5% increase in jobs increase compared to 2014/15 / Renewable energy industry worth £17.4bn / Over 16,000 jobs additionally in electric vehicles and energy storage / Renewable energy jobs growth could have been greater without “bonfire of the policies” which started in 2015 / Jobs growth has significantly slowed from nearly 9% two years ago

Government slashes support for small scale energy generation

06/21/2017

Ofgem confirms a significant reduction in the “embedded benefit” paid to small generators / Cut to benefit will damage existing projects as well as the development of new cutting edge clean tech projects

Government data shows coal down, renewables down, and need for more capacity

04/30/2017

Government releases provisional 2016 electricity generation data in Energy Trends / Coal generation fell nearly 60%, yet renewable generation down as well / Data underscores urgent need to build new electricity generation capacity

UK Government releases green paper and consultation on the UK Industrial Strategy

01/24/2017

Renewables industry welcomes proposals and calls Industrial Strategy paper a step in right direction

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