The annual renewable energy report has released figures showing that the South-West of the country is rapidly growing renewable electricity projects, meaning that we could soon see a change in electricity prices in the UK.
Most of the new projects are dominated by domestic solar photovoltaic installations, but despite this, the government's recent policy reviews could potentially put a stop to this growth.
The statistics say that the South-West has a total of 2,451 renewable electricity projects installed in the past 12 months, where 97 per cent of this was made up by the solar PV's.
Merlin Hyman, Regen SW Chief Executive said, â€œThe sharp rise in solar PV installations is a direct result of the government's feed-in tariffs, which were introduced in April 2010 and created huge interest.Â However proposed policy changes are undermining confidence and putting growth in all renewable energy sectors at risk.
â€œAs the growth in the past year shows renewable energy is the greatest economic opportunity of the next decade and we have great resources locally - but to make the most of this opportunity we need a clear national policy framework and ambitious plans to support local firms. Lead the way and we will enable great businesses to develop, flourish and sell their technologies and skills around the world.â€
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