EY survey shows confidence flagging in UK renewables as Government opposes 2030 targets
EU must set binding, national 2030 renewables targets to reassure investors
Commenting on the news that the UK has slipped to 5th behind Japan in EY's Renewable Energy Country Attractiveness Indices (RECAI) [1], REA Chief Executive Dr Nina Skorupska said:
More Headlines
- Solas Energy® Achieves 75 GW Milestone for Due Diligence Services
- Stracker Solar's Elevated Solar Trackers Stand Ready to Meet New French Parking Lot Mandate
- Do Solar Home Batteries Make Sense in Virginia?
- Qcells President of Corporate Affairs, Danny O'Brien Reacts to Biden Administration's Guidance on Domestic Content Bonus for Clean Energy Credits
- Xpanner Announces NoBull Energy as First Partner of Newly Launched Xpanner XBoost Partnership Program
"It is not surprising to see the UK slip a place in the rankings. Investors are already looking at projects post-2020 but they have no clear steer from the EU or the UK Government that they see a major role for renewables once the existing 2020 targets are met. Setting binding renewables targets for Member States will boost investor confidence, bring down capital costs faster and create jobs for British businesses."
Featured Product
Southco Inc. - POWER UP YOUR CHARGING DESIGN
With engineered access solutions for electric vehicle charging equipment. Southco's engineered access hardware, including locks, latches and hinges can help Electric Vehicle (EV) charging manufactures to achieve high standards of equipment performance, usability and security, providing a seamless charging experience for drivers.
