Energy and Climate Change Secretary Edward Davey has pledged his support for the Scottish renewable energy industry – to the tune of £20 million. During a ministerial visit, Mr Davey also announced plans for a new steering group that will deal with public concerns around renewable energy projects and ‘...inform a new independent study on Scottish Island Renewable Generation.’

The £20 million will be invested into new research into carbon capture and storage, and an extra £5 million will be made available as a competition prize for the local authority that shows the greatest innovation in renewable energy. Explaining the reasons behind the financial boost, Mr Davey said the Government wants to address concerns that industry developments are moving too slowly.

Wilding says: ‘More good news for the renewable energy industry north of the border. Scotland is obviously a prime candidate for significant investment, due to its huge potential for wind and marine generation. But let’s hope the Government doesn’t leave the rest of the UK out in the cold!’

Source: PayStream