Analysis: Renewables Can Create 12,000 New Jobs in near future

Wind Industry Profile of

Statistics from RenewableUK show that if the Government takes steps to maximise the economic benefits of renewable energy, next year’s auctions for contracts to generate clean power can secure over £20bn of investment and create 12,000 jobs, mainly in the construction sector.

 RenewableUK analysis shows that since lock-down was imposed on 23rd March, UK-based companies working in the wind industry have announced contracts and investments in new projects worth more than £4bn, creating over 2,000 UK jobs at a time when economic activity in other sectors has been shrinking.   The Government is due to run an auction in 2021 to secure the next round of new low-cost renewable power. RenewableUK calculates that if Ministers lift capacity caps, the 2021... ... More: Official Press Release RenewableUK

Keywords:

RenewableUK, government, renewable energy, jobs, contract, clean power, industry, investment, auction, consruction sector, supply chain