Renewable Energy: Trade Competitiveness

(asked on 30th March 2017) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the international competitiveness of the UK's renewable energy and low carbon technologies.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 21st April 2017

London is currently the world’s leading financial centre in carbon trading, hosting around 90% of the world’s carbon market. A third of new clean energy projects worldwide between 2007 and 2012 had legal and financial advice from the UK. The UK is already the second largest exporter of electric vehicles to Europe. The UK is currently leading the world in our offshore wind industry: with the largest installed capacity and the largest pipeline up to 2020. We expect the opportunities to export the technologies and expertise developed in the UK to grow.

Reticulating Splines