The Spoon Drawer

The UK was once considered to be one of the world-leaders with regards to being completely reliant on non-renewable energy and in 2014 the UK exceeded previous records, generating enough wind energy to power more than 6.7 UK households so it appeared as though the sector was going from strength to strength. Britain invested heavily in renewable energy between 2010-2015, with over £40bn going towards onshore and offshore wind farms, solar PV and biomass projects. However without the influence of the Liberal Democrats, the now untethered Conservatives look set to deliver on their promises to rapidly cut the amount of money invested in renewable energy sources. The decision to reduce the amount of money invested in the renewable energy sector has unsurprisingly seen the UK lose its place in the top 10 renewable energy rankings for the first time since its inauguration 12 years ago. This has led to confusion within the industry and the confidence of investors in the sector...

Solar energy has continually been on the increase and has even become a competitive industry, particularly between the economic powerhouses and those looking to hit the targets imposed on them by the Kyoto Protocol. Investment and development is growing worldwide as well as nationally as businesses, governments and home now look to take advantage of this huge natural resource and fight against rising gas and electricity prices.  A Growing Trend In Renewable Energy Borrego Solar recently reported that between 2013 and 2018, photovoltaic energy (that’s energy harness from the sun to you and me) is set to represent revenue of $540 billion (£357 billion) globally. One of the reasons for this is that the cost for photovoltaic energy has decreased by almost 50%. Which in turn not only helps the supply chains across the US, China, Japan and EU; but is also helping the consumer as the cost for investing in solar energy is reduced and the margins for potential financial gain ...