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Renewable Energy in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Renewable Energy Market Research Report | SIC UK0.003 | Mar 2014

Powering up: EU legislation brings the winds of change to the UK energy sector

IBISWorld’s Renewable Energy market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
E.ON UK plc E.ON UK plc market share
Iberdrola SA Iberdrola SA market share
SSE plc SSE plc market share
Industry Statistics & Market Size
Revenue
£4bn
Annual Growth 09-14
8.7%
Annual Growth 14-19
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Profit
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Employment
19,219
Businesses
574
Industry Analysis & Industry Trends

The world's energy crisis has necessitated a radical shift among policy makers and industry participants. Increased awareness surrounding the impacts of climate change has driven an aggressive decarbonising strategy, spearheaded by the Renewable Energy industry. Renewable sources accounted for 4.1% of final energy consumption in 2012, leaving the industry with plenty of work to do to meet the target of 15.0% by 2020. To meet this target, 30.0% of UK electricity has to be generated from renewable sources. In 2012 just 11.3% was produced this way. This has prompted a wave of investment in renewable technologies, particularly in wind energy, and led to dramatic increases in installed capacity and overall industry revenue... purchase to read more

Industry Report - Industry Products Chapter

Wind power

Power can be generated from the wind using turbines, windmills or wind pumps. A wind turbine has a rotor that can be pitched to control the rotational speed of a shaft linked to a generator. Onshore wind power is one of the most mature renewable energy technologies in the United Kingdom and there are many suitable sites, particularly in Scotland, Northern Ireland and Wales. The United Kingdom also has the largest offshore wind resources in the world due to relatively shallow water and strong winds extending far into the North Sea. In terms of output, onshore wind accounts for 30.1% of total renewable output in the United Kingdom and offshore wind power accounts for 14.9%... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Renewable Energy Industry?

This industry comprises establishments that generate energy from renewable natural resources such as sunlight, wind, tides and geothermal heat. It only includes the generation of energy from sources that are inexhaustible and can be replenished indefinitely, unlike fossil fuels such as coal. This industry does not include the transmission or distribution of renewable energy.

Industry Products
Offshore wind powerOnshore wind powerSolar photovoltaicsHydropowerOcean and geothermal powerBiomass energy
 
Industry Activities
Wind power generationHydroelectricity generationWave and tidal energy generationSolar thermal energy generationSolar photovoltaic energy generationGeothermal energy generationBiomass energy generation


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