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Energy security 'driving investment in renewables'
12/07/10
Edited by Sophie Griffiths. A combination of European CO2 reduction targets and the need to find secure sources of electricity are driving the continent's adoption of renewable energy.
This is according to Nick Medic of RenewableUK, who said that for the past few years, the proportion of new power capacity from sources like solar and wind has been on the rise.
He added that while the need to cut carbon emissions across the European Union (EU) by 2020 is one of the major factors behind this trend, there is also an increasingly pressing need to achieve security of supplies.
"We, as a continent, are intensive users of energy and have an input in a large part of it, so the thinking here is that we will need to look at a more localised source of energy production," Mr. Medic commented.
According to figures from the European Commission, 62 per cent of new electricity generation capacity in the EU's 27 member states came from renewable sources in 2009, up from 57 per cent in the year before.
