£29bn boost for the renewable industry

£29bn boost for the renewable economyMore than £29 billion worth of investment has been announced in the renewable energy sector since 2010 with the potential to support around 30,000 jobs and boost the trades.

At the All Energy Conference today in Aberdeen, Energy and Climate Change Secretary Edward Davey revealed new regional renewables job and investment figures for the green economy.

Speaking at the conference, Mr Davey called on Scotland to remain in the UK to protect current high levels of renewable investment in the trades and safeguard additional employment opportunities for people in the trades.

Mr Davey said: “The UK offers a uniquely attractive, stable, transparent and supportive environment for investment in low carbon generation.

“Between now and 2020, the support we give to low carbon electricity will increase year-on-year to £7.6 billion – a tripling of the support for renewable energy.

“New research by my Department estimates that, since 2010, across the UK, over £29 billion of private sector investment in renewables has been announced supporting almost 30,000 jobs.

“Many of these jobs are highly-skilled and well-paid positions and employees can be proud to be a part of securing the UK’s energy supply.

“The commitment of the UK Government to a vision of a low carbon future is building up a bow wave of new jobs and investment in the economy.”

Renewables jobs and investment

New research shows that since 2010 more than £29 billion worth of investment has been announced in renewable energy with the potential to support around 30,000 jobs.

The figures produced by the Department of Energy and Climate Change show that between January 2010 and April 2013 industry has announced:

  • 18,613 jobs and £14.5 billion investment in England,
  • 9,143 jobs and £13.1 billion investment in Scotland,
  • 1,952 jobs and £1.4 billion investment in Wales,
  • 239 jobs and £304 million investment in Northern Ireland.

What is your reaction to the £29 billion investment that will energise the renewable industry and boost the trades? Share your thoughts by commenting here or raise your voice on our Facebook and Twitter pages. 

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About Train4tradeSkills

Train4TradeSkills offer the only trade training skills courses that combine three great ways to learn, through a unique blend of book based theory, practical workshops and virtual reality PC based training, to help you qualify you as a plumber, electrician or gas engineer. No other learning provider offers our unique way to study, with full tutor support, easy to follow, step by step modules. Once you complete one part of the course and return your work for marking, the next stage of the course automatically follows. It’s as easy as that. It’s fun, it’s easy to follow... and it can be fitted around your existing work and family commitments!

Posted on May 22, 2013, in Building Construction Industry, Business, Career change, Construction, construction jobs, construction news, Electrical News, electrician jobs, Employment, Government, Infrastructure, jobs, plumbing, plumbing jobs, Politics, Scotland, t4ts, Technology, Trades, train4tradeskills, Train4TradeSkills News, UK Economy and tagged , , , , , , , , , , , , , , , , , , , . Bookmark the permalink. Leave a comment.

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