UK 'to miss renewable energy targets'

26 Jul 2010
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The UK will miss targets set by the European Union to reduce carbon emissions unless it increases the amount of renewable energy it produces.

This is according to PricewaterhouseCoopers (PwC), which has conducted analysis that shows a "quantum leap" in offshore wind capacity is required to bring carbon emissions down by 20 per cent by 2020.

Michael Hurley, global energy and utilities advisory leader at PwC, said: "Offshore wind plays a make or break role in the UK's ability to hit its energy targets and time is running out very quickly on our ability to achieve them."

He added that a lack of pre-construction finance meant that projects to build new wind farms are stalling.

According to RenewableUK, there are currently around 3,000 wind turbines in operation in the UK across the 265 different wind farm projects.

These produce 4580.19 megawatts of clean energy - which is enough to power 2.5 million homes. 

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