Scotland’s islands could enjoy a £725m boost to their economies over the next 25 years from renewables projects, according to a new report released yesterday by energy consultancy Baringa. The report, which was commissioned by the Scottish Government, found if investments were made in grid infrastructure and generating assets, the amount of renewable energy deployed on the islands could be growing rapidly by the early 2020s. At its peak, renewables deployment could provide an extra five per cent boost to local economic output on average across the islands, the report said. The economic benefits would include up to £225m in community benefits and revenues of up to £390m for community-owned island generation projects, according to the report, while up to 2,000 jobs would also be created in the peak development phase.
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