There has been a stable upsurge in renewable energy usage in Britain from the past 2 decades. Since the mid-1990s, the country has seen a 29.8% increase in the usage of green technologies as a part of the power resources of Britain. As per the data collected form the second quarter of 2017, it was estimated that a total of 75.5 TWh power has been generated using the variable energy resources such as coal, gas, nuclear, renewables, oil and many more. As per the Department for Business, Energy and Industrial Strategy (BEIS), the contribution of 3.58% was made by the wind energy which is 2.7 TWh in actual numbers.
In 2017, the wind energy generation output increased by 37% from 2016. This has mainly been due to the increased awareness about global warming and climate changes all over the world. In order to minimize the effects of global warming, the wind energy sector enhanced the speed of wind by 8.3%. This lead to an increase in production capability by 21%. This has been made possible by the generous investments made by the investors which were used effectively. One such company that has driven Britain’s initiative of transforming its traditional electrical generation to renewable energy resources has been TUKWEP. By making the wind energy bonds, the company had targeted more and more investors and made them invest in renewable and clean energy initiatives.
Britain clean energy future
With Brexit and many other issues, the government of the UK government does not seem to achieve its aims of transitioning to environmentally friendly energy sources without aid from the private sector. It has been discovered that the government has been working on the Clean Growth Strategy which was designed to minimize the carbon emissions in the country and deal with the issues of global warming and climate change. The report also listed out the process of how the UK government will be planning to use over £2.5 billion worth of initiatives needed to achieve the country’s clean and renewable energy goal by 2021. It was quoted by Energy Minister Richard Harrington, “We’ve shown beyond doubt that renewable energy projects are an effective way to cut our emissions while creating thousands of good jobs and attracting billions of pounds worth of investment.”
Britain will be changing soon
It has been projected that the low carbon economy will enhance by 11% in the coming years on a yearly basis. This is more than 4 times the estimated growth of the while Britain. Secretary of State for BEIS Greg Clark is hopeful and he has shown his regard for the commitment and support which will be given to the innovators and businesses in renewable energy generation especially companies like TUKWEP.