Blog Article

Record investments of £40 billion in renewable electricity to bring green jobs and growth to the UK

Date: 4th December 2013 | By: admin

Additional investments of around £40 billion are expected in renewable electricity generation projects up to 2020, following updated contract terms and strike prices published today and wider reforms to the electricity market.

Sixteen renewable generation projects also reached the next stage of Final Investment Decision Enabling for Renewables (FIDeR) process today, which could be supported either through investment contracts or the enduring Contracts for Difference (CfD) regime.

Full details are available on GOV.UK and in Edward Davey's Statement to Parliament