Bright Business Consulting LLP

Monday, July 16, 2018

Renewable Energy in United Kingdom (UK)

The global energy crisis has forced a radical change among policy makers and energy companies in the UK. A higher awareness of the effects of climate change has led to an aggressive strategy of lower- carbon implement led by the - Renewable Energy Sector.

The British Government is demonstrating a strong commitment by practical contribution in developing Renewable Energy to increase non-polluting technologies and to exploit renewable sources to ensure environmental protection and the reduction of fossil fuels, both for heating and the consumption of electricity.

In the UK, about one-fifth of the properties is not connected to the national gas grid. The residents of any area, therefore to heat their homes, are forced to use expensive and highly polluting petroleum products.

The UK currently produces about 9% of its own total electricity from renewable sources representing a significant increase over the last years. This is the result of the cooperation among British government and industry, which understood the importance of targeting low-carbon in their future and its economic opportunities. Given that for decades the UK has been pushing the private sector for stronger action in the economy of the Country, there are few fields promoted by government intervention nowadays.

One of these is the production of energy from renewable sources with the target of 15% of production by 2020. Among the fields the Government intervention chose there is wind and marine energy. One of the most important achievements was the setting up of the largest offshore wind farm in the world: Walney Wind Farm, off the coast Cumbria, in the North West of England, with 102 wind turbines. The employment has benefited from it because it created huge working opportunities into the renewable energy sector as well as other ones related, such as services and training, ranging from research and development of production and distribution (industrial sector), along with information and awareness, research and design for installation and maintenance of equipment by each consumer. With respect to employment, the main needs include engineers, project managers and technicians, as well as commercial clerks and consultants.

The companies operating in this sector are specialized in:

  • Component/Materials Manufacturer.
  • Consultancy.
  • Developer.
  • Finance/Insurance.
  • Service Providers.
  • Utility.
  • Wind Turbine Manufacturer.

The Department of Energy and Climate Change - DETC, estimated a development of projects of common participation by 2020 in the production of energy up to 3 GW among wind, photovoltaic and hydroelectric power that will meet the British electricity demand, i.e. enough energy to meet the needs of about one million consumers. To do this, British Government issued a package of measures to safeguard funds and tools to ease citizens organized collectively to produce or save the energy they use, such as, e.g. a fund of 10 million GBP to support common initiatives about energy production with the addition of a similar fund of 15 million reserved to rural communities. "One stop shop" offices were open offering advice to users in order to plan and implement their projects. Then, a competition was set up with a 100 thousand GBP prize for the community which was more able to obtain the greatest savings of energy and another million GBP was given to fund BESN (Big Energy Saving Network), a real door-to-door program to help the poorest families to save on their phone bills with energy efficiency measures. Issues such as connectivity of the network, the lack of skilled labor and similar deficiencies related to processes must be solved in order to ensure a smooth successful transition to renewable energy. Giving priority to renewable energy means to advance the social and economic progress in the long term characterized by profitability and sustainability. In the next five years starting from 2015/2016 the turnover of the sector is expected to increase by 6.2% up to a total of 6.3 billion GBP. British citizens who want to replace old and polluting heating systems in use in their own homes to switch to a more environmentally friendly and innovative green source at a great savings and zero impact are doubly supported by their British Government:

  • RENEWABLE HEAT PREMIUM PAYMENT: one-time grant awarded to British citizens in support of the installation costs for renewable facilities and technologies in their homes, such as biomass boilers, heat pumps and thermal solar panels.
  • RENEWABLE HEAT INCENTIVE: new method of promotion into force since March 2014 which aims at providing incentives for regular families who install green technology for their heating.

Given that Bright Business Consulting LLP does not work in the field of "Renewable Energies" in the first person, but is involved in this area through consolidated and calcified in the "PEE Project ",useful to the accompaniment of the companies involved in this market. However in this scenario the analysis through a "Counselling Aimed at Company Investigations & Commercial Information" is a right advice, especially for businesses that want to operate in the field of "Renewable Energies in United Kingdom – (UK)" by selling equipment and/or related accessories.

TO HIGHLIGHT

In order to operate successfully, today and in perspective, in the growing field of "Renewable Energies in United Kingdom – (UK)" is absolutely advisable to have a local strong commercial presence also with the aim of accessing both to contributions and "Tax Incentives in United Kingdom – (UK)" For such a purpose a British corporate body with suitable accreditations is advisable, so Bright Business Consulting LLP is the ideal partner for the fulfilment of what hs been already mentioned.

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58/60 - Kensington Church Street
LONDON - UK - W8 4DB 

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