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 Key Buyers Chapter
The Renewable Energy industry has a low level of market concentration, although concentration varies significantly between segments. The wind power segment, for example, is highly fragmented and there are many companies that have offshore and onshore wind facilities. The hydropower segment is similarly diverse, with a host of utility suppliers operating one or more dedicated hydro facilities. Most of these facilities are located in Scotland, which accounts for the overwhelming majority of the country's renewable energy output.
In 2013-14, the top four players in the industry are expected to account for 34.9% of the market. The level of industry concentration has increased over the past five years as larger players like SSE have increased their investment and renewable capacity... purchase to read more