EY survey shows confidence flagging in UK renewables as Government opposes 2030 targets

EU must set binding, national 2030 renewables targets to reassure investors

Commenting on the news that the UK has slipped to 5th behind Japan in EY's Renewable Energy Country Attractiveness Indices (RECAI) [1], REA Chief Executive Dr Nina Skorupska said:

"It is not surprising to see the UK slip a place in the rankings. Investors are already looking at projects post-2020 but they have no clear steer from the EU or the UK Government that they see a major role for renewables once the existing 2020 targets are met. Setting binding renewables targets for Member States will boost investor confidence, bring down capital costs faster and create jobs for British businesses."

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