Industry Analysis & Industry Trends
Over the past decade and a half a radical shift in focus among the public, policymakers and industry participants towards renewable energy has occurred. Increased awareness of the impacts of climate change has driven an aggressive decarbonising strategy, spearheaded by the Renewable Energy Generation industry. Renewable sources accounted for 4.1% of final energy consumption in 2012, according to the Department for Energy and Climate Change, leaving the industry with plenty of work to do in order to meet the target of 15% by 2020, which was set by the European Union. In order to meet this target, 30% of UK electricity, 12% of heat and 10% of transport energy must be generated from renewable sources. However, only the first two fall within the scope of the industry... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Renewable Energy Generation industry has a moderate 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 less diverse, with a handful 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 Britain's renewable energy output.
In 2015-16, the top four players in the industry are expected to account for 60.5% of the market. The.. purchase to read more