UK wind industry jobs growth potential 'at risk'
Tuesday 14 April 2009
Britain risks missing out on tens of thousands of jobs and failing to hit its renewable energy target unless the state steps in to rescue the struggling wind power industry, the Government will be warned today.
A rapid expansion of wind power and the development of major offshore farms are crucial in the Government's efforts to meet its legally binding target of producing 15 per cent of energy from renewable sources by 2020. But the spiralling costs of importing wind turbines and problems raising capital have put some major projects planned for the next decade in jeopardy.
Last month, Iberdrola Renewables decided to cut its investment in Britain by more than £300m. Shell has also pulled out of the London Array offshore project, which would be the biggest offshore wind farm in the world if completed.
A report by the Institute for Public Policy Research, published today, says that an offshore wind investment programme is urgently needed, while as many as 70,000 jobs could be created if the Government is prepared to provide financial backing for offshore projects.
It has found that, despite having huge potential for offshore wind energy production, Britain currently looks set to miss out on the jobs and export potential that the development of the industry will create across the world. Only 700 people work in the industry at present, while the UK is home to just one company that makes parts for wind turbines.
'Mini ice age' coming in next fifteen years, new model of the sun's cycle shows
African wildcat caught on camera riding on the back of rhino in rare footage
Pope Francis calls for a new system of global government to tackle climate change
Margaret Atwood on climate change: 'Time is running out for our fragile, Goldilocks planet'
Ash dieback plant epidemic: What is it and how can it be stopped?
- 1 Labour rallies behind Flint as deputy leader to offset a Corbyn win
- 2 The difference between a psychopath and a sociopath
- 3 It won’t work, Jeremy: The Health Secretary has lost the confidence of the medical profession in his attempt to reform the NHS
- 4 Dutch King Willem-Alexander declares the end of the welfare state
- 5 'Cool kids' can go on to become losers in later life, study finds
Yvette Cooper: Our choice is years of Tory rule under Jeremy Corbyn – or a return to a Labour government
Is Britain really full up? Are migrants taking our jobs? Leading academic answers the most common anti-immigration claims
Calais Migrant Crisis: Deputy Mayor of Calais labels Cameron's use of 'swarm' as 'racist' and 'ignorant'
Labour leadership: New poll shows party is now even 'less electable' than under Ed Miliband
While we fixate on Calais, the Home Office is quietly deporting dozens of migrants on 'ghost flights'
Calais crisis: The seven claims made about the migrants - and the reality
£18000 - £26000 per annum: Recruitment Genius: This is an opportunity for an I...
£17000 per annum: Recruitment Genius: They are a leading company in the field ...
£30000 - £35000 per annum: Recruitment Genius: This is an exciting opportunity...
£26041 - £34876 per annum: Recruitment Genius: There has never been a more exc...