Skip to main content
HOMEPAGE ADVERTS
HOMEPAGE ADVERTS
News
17 Jul 20201 minute read

Onshore wind could add £29bn to economy

ECAtoday
Onshore wind could add £29bn to economy

A report by renewable energy investment firm Thrive Renewables has said that, if red tape around planning for onshore renewable energy projects was to be reduced, almost £29bn could be added to the UK economy over the next 15 years and more than 45,000 new jobs could be created.

The report also claims that, to reach the UK’s Net Zero 2050 carbon goal, the UK will need to build 5.5GW of onshore renewable energy capacity every year between now and 2035.

Matthew Clayton, managing director of Thrive Renewables, said to BusinessGreen: “Renewables are the obvious choice for the government to take in driving our economic recovery, helping to 'Build Back Better' and deliver a net-zero carbon emission society.

"We don't need to reinvent the wheel or - in this case - the wind turbine and solar panel. UK renewables have enormous potential that can be unlocked, fast. We already have what we need: abundant natural resources, proven technology, lowest ever costs and the right skills."

HOMEPAGE ADVERTS