Green electricity will not be viable without support

BEAT the Energy Price Hikes

Switch for the chance to win Beats by Dr Dre Studio3 Headphones
T&Cs apply, click for details.

in partnership with Banner uswitch

Looking to switch your business energy supplier? Click here

* Between 1 Jan 2018 and 30 Jun 2018, at least 10% of people who switched energy supplier for both gas & electricity with uSwitch saved £482 or more.

Green energy is unsustainable as a business unless the government starts investing heavily in new technology, it has been claimed.

According to a poll by the Renewable Energy Association (REA), 32 out of 39 members said they were suffering from a shortage of cash and other problems related to funding.

Philip Wolfe, director general of the REA, said: "Given all the rhetoric on 'Green New Deal' and 'Green Tech' it is astonishing that so far the renewables industry has received no dedicated support – even in areas that don't cost extra money."

He claimed that many of Britain's green energy companies are struggling to gain access to investment and competitive rate loans.

Last month, the government scrapped its solar energy grant scheme.

Campaigners claimed the decision to end because of unprecedented demand made a mockery of its commitment to building a green economy, reducing carbon emissions and tackling climate change.

Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.


Found this page interesting?

Help spread the word and share this page with your friends and family on your social networks.

Cookies help us deliver our services. By using our services, you agree to our use of cookies. Learn more