Caroline Flint – 2014 Parliamentary Question to the Department for Energy and Climate Change
The below Parliamentary question was asked by Caroline Flint on 2014-04-29.
To ask the Secretary of State for Energy and Climate Change, pursuant to his oral contribution of 2 April 2014, Official Report, column 908, on energy price freeze, if he will place in the Library a copy of Bloomberg’s analysis of investment in renewables.
Michael Fallon
This shows that average annual investment in renewables has more than doubled in the current Parliament, compared with the previous one.
New Investment in UK Renewable Electricity
|
$m |
2005 |
2006 |
2007 |
2008 |
2009 |
2010 |
2011 |
2012 |
2013 |
|
Total |
3,292 |
2,974 |
4,454 |
4,511 |
11,337 |
9,651 |
10,996 |
10,339 |
11,981 |
Source: Bloomberg Energy Finance
There are a number of sources analysing and interpreting new investment in UK renewable electricity, including DECC’s own analysis. However, data are not always readily comparable owing to differences in methodology, data collection points, timings and market coverage.
