Britain’s renewable energy industry is about to “fall off a cliff” just at the point it would come into its own, analysis for The Independent reveals.The dour forecast comes as the industry celebrated a record-breaking year in 2015, with billions of pounds poured into solar and wind energy and more homes powered by nature than ever before. But experts have warned this is all about to grind to a halt as the Government abandons its commitment to green energy and instead invests in fracking and nuclear power. The impact of the Government’s end to wind-farm subsidies and the carrying-out of its manifesto pledge to “halt the spread of onshore windfarms” has been laid bare with research for The Independent. The figures from Bloomberg forecast that over the next five years the country will lose at least 1 gigawatt of renewable energy generation – enough to power 660,000 homes.
Independent 18th Jan 2016 read more »