The UK's energy use from renewable and waste sources, by source (for example, hydroelectric power, wind, wave, solar, and so on) and industry (SIC 2007 section - 21 categories), 1990 to 2023.

Renewable energy consumption in the United Kingdom amounted to *****exajoules in 2024, remaining constant when compared to the previous year. Nevertheless, between 1998 and 2022, renewables consumption in the UK increased by ***** exajoules, peaking in 2024.

The United Kingdom Renewable Energy Market Report is Segmented by Technology (Solar Energy, Wind Energy, Hydropower, Bioenergy, Geothermal, and Ocean Energy) and End-User (Utility, Commercial and Industrial, and Residential). The Market Sizes and Forecasts are Provided in Terms of Installed Capacity (GW).

Wind is the largest renewable energy source by installed capacity in the United Kingdom, including onshore and offshore wind. As of 2024, operational onshore wind farms had a combined capacity of ** gigawatts. Offshore wind had a capacity of **** gigawatts.

Offshore wind farms are the greatest contributor to renewable electricity generation in the United Kingdom. In 2024, offshore wind power production reached almost 49 terawatt hours. This followed the ever-increasing fleet of offshore wind parks. Onshore wind power production came to 34.7 terawatt hours in 2024. Offshore and onshore wind combined accounted for some 60 percent of the UK's renewable electricity generation that year.

Greater awareness about the effects of climate change has driven an aggressive decarbonising strategy spearheaded by renewables. Government targets and incentives encourage major investment in renewable assets among UK energy giants. Technology developments have boosted potential generating capacity, particularly in offshore wind, which has grown the fastest of all renewable energy sources. According to the Department for Energy Security and Net Zero, the share of electricity generated by major power producers from renewables surged from 34.5% in 2019-20 to 42.4% in 2023-24. Renewable generators' revenue is slated to climb at a compound annual rate of 8.7% over the five years through 2024-25 to reach £14.5 billion. Growth has been underpinned by the UK’s rapid expansion of renewable generating capacity. Offshore wind has recorded the most significant expansion in generation volumes as investors look to take advantage of technological advancements to tap into the UK's abundant natural resources. Soaring wholesale prices have added to revenue growth since H2 2021-22; however, operators of renewable generation assets that operate under a Contract for Difference (CfD) have been required to pay back the difference between wholesale prices and CfD strike prices, limiting the impact of a surge in wholesale prices on operating profit. Inflation-linked increases to fixed price mechanisms have also boosted growth. Revenue is forecast to jump by 11.4% in 2024-25. Revenue is forecast to swell at a compound annual rate of 11.1% over the five years through 2029-30 to reach £24.6 billion. The UK already has a strong pipeline of renewable assets set for delivery in the coming years, with ongoing government support likely to fuel further investment. In the short term, increased capacity is set against a backdrop of falling strike prices, though the extent of capacity expansion should support further growth. Hikes in strike prices secured in the most recent CfD allocation round will also boost growth in the longer term. Rising battery storage capacity should help support growth in renewables' share of the UK energy mix by reducing barriers associated with intermittent supplies of renewable power.

This release includes annual estimates of low carbon and renewable energy economy activity in the UK and constituent countries: turnover, employment, exports, imports, acquisitions, disposals and number of businesses.

United Kingdom Renewable Energy Market Outlook 2031

United Kingdom renewable energy market size was valued at USD XX Billion in 2022 and is projected to reach USD XX Billion by 2031, expanding at a CAGR of 10.04% during the forecast period 2023 - 2031. The growth of the market is attributed to increasing energy consumption, traditional power sources unable to meet requirement, and growing numbers in renewable energy manufactures.

Renewable energy can be supplied to tides, waves, rain, and wind. While renewable energy is commonly thought of as a replacement technology, harnessing nature’s power has long been used for transportation, lighting, and heating. Now there are innovative and less-expensive ways to capture and retain wind and solar energy renewables are getting an additional necessary power supply.

The COVID-19 outbreak was not able to affect the renewable energy corporation. Renewable energy market players faced several problems vary from getting component require to develop renewable energy and providing end products to attracting workers from quarantines.

The coronavirus-driven internment places a brake on the element and device production that increased product costs, lowering the market demand. However, the renewable energy trade is returning to traditional, witnessing the steady increasing energy demand, particularly from the commercial sectors.

United Kingdom Renewable Energy Market Trends, Drivers, Restraints, and Opportunities

• Increase in consumer purchasing capacity and growing population is projected to boost the market in the coming year.
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Levels of support for renewable energy for electricity, heat and fuel in the United Kingdom have remained relatively unchanged since 2012. In 2012, 79 percent of respondents reported being supportive of the use of renewable energy, while five percent were opposed. This figure rose to 84 percent as of March 2023. The share of respondents who support renewables, however, has presented a growing trend.

Forecast: Total Renewable Energy Share in the Total Final Energy Consumption in the UK 2023 - 2027 Discover more data with ReportLinker!

"The future is green energy, sustainability, renewable energy" - Arnold Schwarzenegger, 2012

Context

Renewable energy is essential for reducing carbon emissions and mitigating climate change. Additionally, renewable energy

• improves public health
• creates jobs
• ensures energy security through diversification
• stabilises energy prices

The importance of moving away from fossil fuels and towards renewable sources cannot be understated. As such, this dataset tracks the growth of the UK's renewable sector from 1990 to 2020.

Content

This dataset details the consumption of energy from 17 different renewable and waste sources from 1990 to 2020. It contains the energy use from each source individually as well as the total consumption. It also contains the total energy consumption from primary fuels and therefore the very useful metric: % of consumption from renewables!

Units: The unit of energy used in this dataset is the megatonne of oil equivalent (mtoe) . For context 1 mtoe = 42 petajoules (42 x 10^15 J)

Dataset Notes

• Wind includes wave and tidal from 2000
• Cross-boundary adjustment includes use by UK residents abroad and excludes by foreign residents in UK territory. It applies to bioethanol and biodiesel.
• All figures are reported to 3 decimal places. Total figures are based on raw data and therefore may not sum due to rounding.

Acknowledgements

This data is from Ricardo Energy and Environment, Office for National Statistics (ONS) and was downloaded from here on 9 October 2022.

The dataset's release date was 9 June 2022.

The dataset is licensed under the Open Government Licence v3.0 according to ONS.

The size of the United Kingdom Renewable Energy Market was valued at USD 40 Billion in 2023 and is projected to reach USD 90 Billion by 2032, with an expected CAGR of 10.04% during the forecast period. Recent developments include: February 2023: the Crown State in the United Kingdom signed agreements to lease six offshore wind energy projects. These projects are likely to start generating electricity by the end of the decade, and these projects have the potential to generate 8 GW of renewable energy sufficient to power more than seven million households., March 2022: Shell announced a plan to invest around USD 33 billion n the United Kingdom energy system in the next ten years. Around 75 % of total investment was expected in renewable energy projects, including offshore wind, hydrogen, and electric mobility., January 2022: SSE announced details of its first solar project that delivered 30 MW of clean energy as part of its ambitious USD 16 billion investment program to power change toward net zero. The 30-MW solar farm at Littleton Pastures is located near Evesham, Worcestershire, England. Once completed in late 2023, the 77-acre site can power about 9,400 homes.. Key drivers for this market are: 4., Supportive Government Policies in the Country4.; Rising Efforts to Decrease the Dependency on Fossil Fuels to Reduce Carbon Emissions. Potential restraints include: 4., Changes in Government Policies Related to Increasing VAT on Various Clean Energy Technologies. Notable trends are: Wind Energy is Expected to Dominate the Market.

Electricity generation from renewable sources in the United Kingdom has increased considerably in the period of consideration, peaking at some 135 terawatt hours in 2022. In 2021, renewable electricity generation registered a small decline. In that year, renewable electricity production amounted to around 122 terawatt hours.

Context

This will act as the base data for the investigation into the possible solutions for the UK energy requirements

Content

A cleaned version of the UK statistics on renewable energy generation.

Acknowledgements

https://www.gov.uk/government/statistics/regional-renewable-statistics7

All content is available under the Open Government Licence v3.0,

The UK's direct use of energy from fossil fuels and other sources (nuclear, net imports, renewables, biofuels and waste and reallocated use of energy by industry (SIC 2007 section - 21 categories), 1990 to 2023.

The DOE Planning Portal provides provisional Renewable Energy statistics based on NI planning applications. Tables are available for Renewable Energy applications and decisions by type, Local Government District and Parliamentary Constituency levels, as well as historical data going back to 2002/03. Source agency: Environment (Northern Ireland) Designation: Official Statistics not designated as National Statistics Language: English Alternative title: Renewable Energy Statistics