This is very disappointing but not unexpected news. Climate change and the transitions to renewable energy has clearly not been a priority for this Conservative government since they took office and with all eyes on Brexit negotiations it is difficult to see where the next boost for renewables in the UK will come from. It also raises the question that with the UK withdrawing from its membership of the EU, what will our targets for renewable energy deployment look like in the future and how will these be shaped?
We have seen first hand at Hyperion the effect of the slowdown in renewable energy deployment in the UK. Currently around 80% of our work is with clients in Europe and further afield. Having said this we do love to support the UK market and now is a critical time to make sure companies have the most talented individuals to drive the growth of renewables.
There is widespread dismay throughout the British clean energy sectors at the apparent disregard for the EU Renewable Energy Directive, which targets the U.K. with reaching 30% renewable penetration in electricity by 2020, 12% heat, and 10% transport. According to the most recent Energy and Climate Change Select Committee report, the U.K. is less than halfway towards meeting some of those goals. “This is a wake-up call to our government, which for the past two years has introduced policy changes that have slowed deployment of renewables in the heat, transport and power sectors,” said Nina Skorupska, chief executive of the U.K.’s Renewable Energy Association (REA). “Our progress towards these targets to date has helped create a multibillion pound industry that in 2014 to 2015 employed nearly 117,000 in the U.K.”