A ‘Green Bond’ which would allow savers to generate returns from the growth of the UK’s renewable energy sector should be launched by the next UK Government, the head of the sector’s trade body in Scotland has said.
Newcomers to Scotland’s burgeoning renewable energy sector have signed up in droves for an initiative designed to equip them with the knowledge and skills to take the industry to the next level.
Lindsay Leask, Senior Policy Manager at Scottish Renewables, said: “These consents represent a massive leap forward for Scotland’s emerging offshore wind industry, and take us a step closer to realising the social, economic and environmental benefits of this hugely-important technology.
The shortlist for the Scottish Green Energy Awards 2014 has been unveiled, with 52 individuals, companies and projects vying to scoop prizes in 14 prestigious categories.
Scottish Renewables will today set out the green energy industry’s asks for a post-referendum UK energy sector in a paper titled Harnessing Scotland’s Energy. The document details six key areas which the country’s £1bn-a-year renewable energy sector would like to see addressed following the result of last week’s independence vote – including the further devolution of energy sector powers to Scotland.
Lindsay Leask, Senior Policy Manager for offshore renewables at Scottish Renewables, said: “These investment figures, revealed for the first time by our Marine Milestones report, show the significant economic benefits this young sector is bringing. Crucially, those benefits are staying local, benefitting communities and families who are looking to renewables for a sustainable future, both economically and environmentally."
Scottish Renewables has called on both the Scottish and UK Governments to work together to further accelerate the development of renewables in Scotland following the announcement of the result of the Scottish Independence Referendum.
New research by Scottish Renewables shows the anaerobic digestion (AD) industry looks set to more than double in size in the next two years.
A top academic has urged Scots to harness the hidden heat in their rivers using "game changing" heat pump technology – or face being left behind in a technology race with Scandinavia.
Nominations for the prestigious prizes are now open, with new categories for 2014 also recognising the best in renewable energy photography, Engineering Excellence, and export success.