The news today to delay the decision on the Hinkley B nuclear power plant clearly puts the spot light firmly back in the court of Renewable Energy.
It is hoped that the new government will boost confidence to investors across the whole renewable energy spectrum by having a consistent policy guaranteed over many years. The constant reduction on tariffs has led to uncertainty in this vital sector of the country’s energy generation.
The technologies are well proven and, with a consistent government policy could very quickly fill the forth coming UK energy gap. A new policy would create jobs and provide a low cost solution to both our energy needs and our carbon reduction obligations under the Kyoto and Paris accords.