Tuesday, September 25, 2012

UK’s Renewable Energy Capacity to Match Thermal Power Capacity by 2025

Posted: 24 Sep 2012 10:10 PM PDT

According to a latest research conducted by alternative energy analysts at GlobalData, UK’s renewable energy installed capacity is expected to match the dominant thermal energy sector by 2025. Aggressive government policies and support are expected to be a key reason for a drastic shift in the UK’s energy mix by 2025.
The report determines that the renewable energy industry is the fastest-growing segment in the UK’s power sector, and is expected to climb significantly from 11,000 MW of installed capacity recorded last year.

The report predicted that, by 2025, cumulative installed capacity of renewable energy will reach up to 79,000 MW, which is just 2,000 MW less than the anticipated capacity of thermal power capacity at that time.
According to the report, the wind energy sector is expected to grow at the fastest pace — from 6,000 MW in 2011, to 53,000 MW in 2025. Solar photovoltaics is also expected to show strong growth — from just 1,000 MW in 2011, to 13,338 MW in 2025.

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