Apr 24, 2012 - Britain's renewable energy market is expected to turn over 24 billion pounds by 2020, more than double what British green energy companies made in 2010/11, a study by consultancy Innovas Solutions said on Tuesday.
This growth will be accompanied by a fourfold rise in employment in the sector, expected to soar to 400,000 by 2020, provided Britain meets its legally binding target of sourcing 15 percent of energy demand from renewables by the same year.
"Other areas of the world are taking the lead in areas where the UK has the capability to develop its own world leading companies," said John Sharp, managing director of Innovas Solutions.
"There is no doubt that the majority of renewable energy technologies provide long term jobs across all skill levels at a regional and local level," he said. read more>>>
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