Results of the 2004 renewables survey and discussion of the business drivers behind renewables
The renewables sector in the UK is currently active with investments and new builds occurring in a number of technologies. Growth in renewable generation capacity is however slower than expected and will fall short of reaching the capacity necessary to achieve the Government's aspirational target of renewables delivering 20% of generate power by 2020. There are a number of reasons for the contraint on growth, such as reluctance to commit to long-term fixed price contracts, problems in gaining permission and shortage of suitable access to distribution networks. This however, is not perceived to be due to lack of technical capability or investor understanding in this area.
During a recent seminar to discuss the status of the renewable energy market in the UK, Deloitte solicited responses from delegates on the topical and critical risk issues which are affecting renewables generation. Our Renewed confidence publication provides a full presentation of the results collected from the survey undertaken on the day, coupled with commentary highlighting issues and concerns and their implications for the industry in the future.
Download the results of the 2004 renewables survey and discussion of the business drivers behind renewables.