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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

The Renewable Energy market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 - Starting a New Business Chapter

The barriers to entering the Renewable Energy industry are high. The sheer cost of establishing the infrastructure required to generate renewable power is the most significant obstacle. Large hydro and wind farm projects require significant capital to set up adequate facilities in order to make it a viable energy source. Additionally, costs relating to grid connection, upgrades and access can be prohibitive for some potential new players. Further, a high level of expertise is required to enter the industry given its focus on research and development, especially concerning finding and assessing potential renewable sites. However, opportunities exist for niche entrants, given the barrier differences in entering various segments... 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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