Press release: Davey announces £29 billion boost to economy and makes the case for Scotland to remain in the United Kingdom

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Press notice: 2013/050

At the All Energy Conference today in Aberdeen, Energy and Climate Change Secretary Edward Davey will:

  • Announce new regional renewables job and investment figures for the UK
  • Call on Scotland to remain in the UK to protect current high levels of renewable investment

Renewables jobs and investment

New research shows that since 2010 more than £29 billion worth of investment has been announced in renewable energy with the potential to support around 30,000 jobs.

The figures produced by the Department of Energy and Climate Change show that between January 2010 and April 2013 industry has announced:

  • 18,613 jobs and £14.5 billion investment in England,
  • 9,143 jobs and £13.1 billion investment in Scotland,
  • 1,952 jobs and £1.4 billion investment in Wales,
  • 239 jobs and £304 million investment in Northern Ireland.

Mr Davey will say to the All Energy Conference:

“The UK offers a uniquely attractive, stable, transparent and supportive environment for investment in low carbon generation.

“Between now and 2020, the support we give to low carbon electricity will increase year-on-year to £7.6 billion – a tripling of the support for renewable energy.

“The investment environment for renewables is dynamic.

“New research by my Department estimates that, since 2010, across the UK, over £29 billion of private sector investment in renewables has been announced supporting almost 30,000 jobs.

“Many of these jobs are highly-skilled and well-paid positions and employees can be proud to be a part of securing the UK’s energy supply.

“The commitment of the UK Government to a vision of a low carbon future is building up a bow wave of new jobs and investment in the economy.”

Table of UK renewables investment and jobs from January 2010 to April 2013.

By country Recorded Investment Jobs announcement has the potential to support
England £14.5 billion 18,613
Scotland £13.1 billion 9,143
Wales £1.4 billion 1,952
Northern Ireland £304 million 239
Total £29.3 billion 29,947
By English region    
East £7.7 billion 7,706
Yorkshire £2.9 billion 3,801
South West £1.5 billion 1,643
North East £1.3 billion 2,190
North West £486 million 1,110
East Midlands £435 million 1,310
London £85 million 225
South East £80 million 488
West Midlands £17 million 140

Examples of renewables projects by region can be found in the Notes for Editors.

Scottish independence

Mr Davey will tell the All Energy Conference that independence will bring uncertainties for Scottish renewable investment:

“Scotland could go it alone. Just as the United Kingdom could go it alone outside the EU.

“But in both cases our respective citizens would be less secure, less prosperous and less influential.

“Under the current Renewables Obligation system some 37% of the support – around £530m annually – goes to Scottish renewables projects.

“But only 9% of UK electricity sales are here in Scotland.

“So would an independent Scotland be able to deliver the same support to renewables on the back of a domestic electricity market that is only one 10th the size of the UK?

“At present Scottish renewables benefit from the ability to spread investment costs across the whole of the UK consumer base.

“As part of the British energy market, Scotland and its energy industry, as net exporters of energy, have access to a market of more than 23 million households and the integrated energy networks that deliver them.

“We cannot assume that English, Welsh and Northern Irish consumers would still be willing to subsidise Scottish renewables.

“But it will be much harder for a nation potentially having to spread the costs of investment in renewables across just two and a half million households to keep prices competitive.

“I believe Scottish renewables have flourished precisely because Scotland is part of the United Kingdom. Our collective energy system has underpinned the success seen to date.”

Notes for Editors

Renewables investment and Jobs 2013 – Examples

Scotland

  1. Project: Harestanes – Forest of Ae, Dumfries and Galloway
    Energy: Onshore wind
    Investment: £160m
    Jobs: 150
  2. Project: Helius CoRDe – Speyside
    Energy: Biomass
    Investment: £50m
    Jobs: 120
  3. Project: Kilgallioch – border between Dumfries and Galloway and South Ayrshire
    Energy: Offshore wind
    Investment: £297m
    Jobs: 250

England

  1. Project: Aesica – Cramlington Northumberland
    Energy: Biomass
    Investment: £80m
    Jobs: 140
  2. Project: Ferrybridge – Wakefield, North Yorkshire
    Energy: Energy from waste
    Investment: £250m
    Jobs: 350
  3. Project: Keadby – Lincolnshire
    Energy: Onshore wind
    Investment: £85m
    Jobs: 60
  4. Project: Sleaford – Lincolnshire
    Energy: Biomass
    Investment: £155m
    Jobs: 230
  5. Project: Kencot Hill – Oxfordshire
    Energy: Solar PV
    Investment: £14m
    Jobs: 2
  6. Project: Iggesund – Workington, Cumbria
    Energy: Biomass
    Investment: £108m
    Jobs: 300
  7. Project: Tees Valley – Teesside
    Energy: Gasification
    Investment: £300m
    Jobs: 750
  8. Project: Humber Gateway – 8km off the Yorkshire Coast close to the mouth of the Humber Estuary
    Energy: Offshore wind
    Investment: £736m
    Jobs: 1,300
  9. Project: Frodsham Marsh – Cheshire
    Energy: Onshore wind
    Investment: £50m
    Jobs: 50

Wales

  1. Project: Brechfa Forest West – Carmarthenshire
    Energy: Onshore wind
    Investment: £19m
    Jobs: 150
  2. Project: Pen Y Cymoedd – South Wales (in the county boroughs of Neath Port Talbot and Rhondda Cynon Taf).
    Energy: Onshore wind
    Investment: £365m
    Jobs: 300

Northern Ireland

  1. Project: Brockaghboy – Garvagh, Co Londonderry
    Energy: Onshore wind
    Investment: £60m
    Jobs: 45
  2. Project: Tyrone Energy – Artigarvan near Strabane, County Tyrone
    Energy: Biomass
    Investment: £9.5m
    Jobs: 108
  3. Project: Ecoventi – County Tyrone
    Energy: Anaerobic digestion
    Investment: £30m
    Jobs: 28
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