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Renewable Energy Generation in the UK: Market Research Report

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

Renewable Energy Generation Market Research Report | SIC UK0.003 | Mar 2016

Heating up: Environmental concerns have supported high levels of growth in the industry

IBISWorld’s Renewable Energy Generation market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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
£3bn
Annual Growth 11-16
7.3%
Annual Growth 16-21
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Profit
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Employment
14,492
Businesses
405
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 Analysis Chapter

Operators in the Renewable Energy Generation industry produce both electricity and heat from renewable sources. The most common renewable sources for generating energy in the United Kingdom are wind, biomass, hydropower, solar, ocean power and geothermal power. Plant or animal matter, wood, waste and landfill gas are collectively known as biomass and are incinerated to produce energy. Greater public awareness of the effects of climate change and concern over Britain's dependence on the depleting fossil fuels have encouraged policymakers and energy companies to find more sustainable ways to generate energy. This has benefited the Renewable Energy Generation industry, which has grown significantly in recent years.

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Industry ProductsRelated ReportsTable of Contents

What is the Renewable Energy Generation 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 energyHydropowerOcean 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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