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UK 2050 Net-Zero Carbon Goals Mean Deeper Investments in Renewable Energy Sources and Increased Competition


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The UK s net-zero carbon goals have turbo boosted the renewable energy sector for both consumers and industry stakeholders.
Research from several energy think tanks predict massive job growth and more ways in which businesses can invest in renewables.
Because of his work, Insider named Will Gardiner, CEO of Drax, to our annual list of the 10 leaders transforming energy in Europe.
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Recent data shows that renewable energy in Europe is at a turning point. In 2020 wind turbines provided almost a quarter of electricity, and renewable energy outperformed fossil fuels in the EU, according to a report from independent climate and energy think tank Ember. The UK generated more power from renewables than non-renewables.  ....

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East's energy sector 'to play key role in region's recovery'


Published:
11:32 AM April 6, 2021
  
Billions of pounds are set to be poured into the East of England energy sector, according to New Anglia LEP
- Credit: Vattenfall
An enterprise body is hailing a “new era of investment” for East Anglia as billions of pounds are poured into its fast-growing energy sector.
New Anglia Local Enterprise Partnership (LEP) said the promise of new money was “a huge vote of confidence” in the region as it positions itself for growth following the massive economic shock caused by the coronavirus pandemic.
The Sizewell C Consortium has pledged £4.4bn of investment in the East of England including £2bn in Suffolk and a report by the Offshore Wind Industry Council (OWIC) published on March 25 has highlighted the potential for 35,000 jobs in the county. A ....

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