The UK was “by far” the strongest clean energy investment market in Europe in 2015, according to new figures from Bloomberg New Energy Finance, with investment up 24 per cent to $23.4 billion. Much of the surge was driven by a string of large offshore wind arrays in the North Sea such as the 580MW Race Bank and 336MW Galloper, with estimated costs of $2.9 billion and $2.3 billion respectively. Europe as a whole saw investment fall by 18 per cent to $58.5 billion – its lowest figure since 2006. Germany invested $10.6 billion, down by 42 per cent, while France saw an even bigger fall in investment, of 53 per cent to $2.9 billion.
Utility Week 15th Jan 2016 read more »
Increasing renewables to 36% of the global energy mix by 2030 would provide about half emissions reductions needed to hold warming to 2C, says International Renewable Energy Agency.
Guardian 16th Jan 2016 read more »