Renewable energy not only provides the UK with clean and secure energy that cuts the nation’s reliance on imported fossil fuels - it generates billions of pounds of investment and potentially hundreds and thousands of jobs and is a key growth sector for the UK economy.
There was an estimated investment of £29.8bn in the renewable energy sector between 2010 and 2013 in the UK; the nation is on the verge of a massive technological transformation in the renewable energy sector, and the costs of solar and other renewable technologies are already rapidly falling.
Renewable energy is any energy derived from natural processes, such as sunlight and wind.
However, around 40% of EU renewable energy comes from wood and another 20% from hydropower - much of the wood goes towards heating.
The Primary activities of this industry are: wind power generation, solar photovoltaic energy generation, hydroelectricity generation, geothermal energy generation, wave and tidal energy generation, biomass energy generation and solar thermal energy generation.
The major products and services in this industry are: offshore wind power, hydropower, onshore wind power, ocean and geothermal power, solar photovoltaics and biomass energy.