Renewable energy in the UK is steadily growing – almost a quarter of the country’s electricity now comes from renewables. Michael Liebreich, leading international advocate of renewable energy and Founder of Bloomberg New Energy Finance, said the UK’s progress in the sector is “a huge success and should be celebrated as such”. Mr Liebreich spoke at RenewableUK’s Global Offshore Wind Conference in Manchester, commending the industry’s sustainable cost management.
Mr Liebreich told the wind industry: “You have been very good at managing costs. There has been good progress on cost reductions. Above all to succeed as an industry you need to get cheap fast. All credit to the industry for being ambitious on getting costs down.”
He described the UK as “the only European country to attract increasing amounts of investment in clean energy year on year – and in record amounts”, and noted that “offshore wind accounts for half of the UK’s record investment, making it the success story”.
Offshore wind is bringing more than £20 billion in investment to Britain in this decade – much of it to the most economically deprived areas of the UK.
Like our Facebook Page
Can You Maximize Your Profits While Investing Ethically?
Environmental Benefits of Living in Miami. Why Is It Worth Moving There?
5 Ways To Shift To Green Energy At Home
Advantages of Free-Range Farming for Eco-Friendly Consumers
What is Eco-Friendly Investing and How Can You Embrace It?
Green Software Ideas to Implement with an Offshore Development Team
5 Things Eco-Conscious Consumers Should Know About Private Wells
The True Environmental and Social Costs of Mined Diamonds
20 Incredible Facts Eco-Tourists Should Know About Dubai
5 Massive Benefits of Turning to Renewable Energy
6 Tips For Getting the Most from a Solar-Powered Home
7 Excellent Ways to Live a Greener Lifestyle in 2021
How the Property Industry Is Embracing Eco-Friendliness Across the Board
Sustainability in Construction: Methods to Mitigate Environmental Impacts
New Company is Driving ESG Infrastructure Development in Mining
10 Tips to Turn Your Next Holiday into an Eco-Friendly Celebration
4 Benefits of Commuting with a Bicycle as an Eco-Friendly Consumer
Some Important Facts about Eco-Friendly Glass Railings
Impact Proof of Stake Ethereum Mining on Power Industry Sustainability
7 Business Survival Guidelines All Eco-Friendly Entrepreneurs Must Follow
- Features10 months ago
Eco-Friendly Hacks To Create A Durable Shop For Your Home
- Energy6 months ago
Eco-Friendly Homeowners Lower Carbon Footprints through Greater Air Conditioner Efficiency
- Features5 months ago
Seven Health and Safety Tips for Eco-Friendly Products in a Green Home
- Features10 months ago
5 Simple Ways To Create A Greener And Healthier Home