Commenting on the Government's announcement of the Seventh Carbon Budget today (June 2), which coincides with a new report by the Confederation of British Industry and the Energy and Climate Intelligence Unit showing the UK's net zero economy added £105 billion in value in 2025 and now supports more than one million jobs, RenewableUK Chief Executive Tara Singh said:
"Setting clear goals helps us to attract billions in private investment in the UK's world class clean tech industries, creating well-paid jobs throughout the country in wind, solar, energy storage and green hydrogen - our new powerhouses of economic growth.
"The clean power we generate cuts bills by pushing the most expensive gas generators off the system. Low-cost electricity from renewables protects billpayers from price shocks on volatile global fossil fuel markets which we can't control, strengthening the UK's energy security as we move closer towards energy independence".
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RenewableUK is the voice of the UK's renewable energy industry. Representing close to 500 companies spanning the full supply chain, our members develop, operate and maintain the UK's wind, tidal, storage and flexibility infrastructure. By connecting industry and policy makers, we strengthen the UK's global leadership in renewables, building a secure, affordable and sustainable energy future.
