The REA’s new report launched yesterday by energy secretary Ed Davey (entitled Renewable Energy: Made in Britain) claims that the UK renewables sector grew at 11 per cent during 2009/10 compared to compared to just 1.4 per cent for the rest of the economy.
Employing over 110,000 people in the UK and generating £12.5bn in 2010/11, the REA would like to see Mr Osbourne attend the ongoing clean energy gathering in London and show greater support for renewables, which evidence points to experiencing healthy growth, amid disappointing national economic results.
REA’s chief executive, Gaynor Hartnell, said: “The Treasury has been marginalising renewable energy, but evidence in the UK and from around the world shows renewable energy should be at the heart of Government’s growth strategy.
“We recommend the Chancellor attends the Clean Energy Ministerial. The potential for renewable energy to stimulate much needed growth and employment is understood by the major economies attending this important event today. The UK should be taking this major economic opportunity every bit as seriously.”