Key Market Indicators
British renewable energy generation is on track for significant growth, projected to reach 220 terawatt-hours by 2028. This marks a substantial increase from the 162 terawatt-hours recorded in 2023. The sector is expected to grow at an average annual rate of 4.8%. Since 1989, the UK's renewable energy supply has seen an impressive year-on-year increase of 9.2%. In 2023, the United Kingdom ranked second in Europe for renewable energy generation, trailing only Germany, which also reported 162 terawatt-hours. Spain and France followed in third and fourth positions, respectively, in the European renewable energy ranking for 2023.
Latest reports
UK Renewable Energy Market Report- Q4 2024
The UK renewable energy sector in Q4 2024 showcased significant advancements and challenges, reflecting its crucial role in the country's energy transition. This...
UK Renewable Energy Market Report - Q4 2024
In the fourth quarter of 2024, the renewable energy sector in the United Kingdom experienced substantial growth and strategic advancements. Several key trends...
