Sorry for interrupting, this website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Learn more
Accept & Close

Renewable Energy - UK - November 2015

“Industry consolidation and rationalisation in the solar PV will be inevitable if proposed FIT cuts are enforced as there will be fewer business opportunities in a stifled market. Larger companies are likely to acquire smaller firms to achieve economies of scale and put them in a stronger position to ride out market turmoil. Larger entities are also increasingly expected to look at vertical integration. ”
– Claudia Preedy - B2B analyst

This report answers the following key questions:

  • How do government policies shape the development of the renewable energy market?
  • What is the product mix of renewable energy deployment?
  • What are the public’s attitudes towards renewable energy?
  • How have key players involved in the renewable energy sector performed in recent years?
  • How will proposed government policy changes affect the various sectors of the renewable energy market?

What you get

What's included

Why buy from us?

Succeed

Our reports will provide you with market data, consumer research and competitive intelligence to succeed in your market.

Instant Access

Buy now and you'll have instant access to the information you need to make the right decisions.

Opportunities

Find out what's next in the markets that matter to you: where opportunities lie and what challenges you will face.

Trusted

A business Superbrand, Mintel is a source you can trust. We have been defining and refining the Market Intelligence mix since 1972.

Table of contents

  1. Executive Summary

      • The market
        • Almost a fifth of the UK’s electricity supply comes from renewable sources in 2014
          • Figure 1: UK renewable penetration of electricity supply, 2010-14
        • Renewables installed capacity continues to be dominated by wind, though solar PV deployment has expanded rapidly since 2010
          • Figure 2: UK renewable energy market shares, by installed capacity, 2010 and 2014
          • Figure 3: Forecast renewable energy generation, 2014-19
        • Market factors
          • The consumer
            • Solar farms preferred energy plant near people’s homes
              • Figure 4: Most acceptable type of energy plant, August 2015
            • Companies
              • What we think
              • Key Insights

                  • How is the closure of the RO scheme to onshore wind farms set to affect deployment levels ?
                    • How is the UK solar PV industry expected to change if proposed FIT cuts are enforced?
                      • How can costs be brought down in the offshore wind sector?
                        • Are biomass conversions becoming less economically viable?
                        • Introduction

                            • Definitions
                              • Methodology
                                • Abbreviations
                                  • Market positioning
                                  • UK Economy

                                    • Overview
                                      • Figure 5: UK GDP quarterly development, 2003-15
                                      • Figure 6: UK GDP in economic downturns and recoveries since 1979
                                    • Inflation
                                      • Interest rates
                                        • House prices
                                          • Consumer spending
                                            • Manufacturing
                                              • Business investment
                                                • Figure 7: UK GFCF 2003-15
                                            • Market Factors

                                              • Key points
                                                • EU Renewables Directives
                                                  • UK renewables policy
                                                    • Renewables Obligation (RO)
                                                      • RO support closes two years early for large-scale solar developments and a year early for onshore wind farms
                                                        • Feed-in Tariffs (FITs)
                                                          • Government proposes drastic cuts to FITs from 2016 - potentially proving highly detrimental to the solar PV industry
                                                            • Electricity market reform
                                                              • Contracts for Difference (CfDs)
                                                                • Capacity Market (CM)
                                                                • Market Size Overview

                                                                  • Key points
                                                                    • Overview
                                                                      • Figure 8: Analysis of electricity supplied in the UK, by type of fuel used in generation, 2010-15
                                                                      • Figure 9: UK renewable penetration of electricity supply, 2010-14
                                                                      • Figure 10: Renewable electricity generation in the UK, 2010-15
                                                                      • Figure 11: UK renewable energy market shares, by installed capacity, 2010 and 2014
                                                                  • Wind Generation

                                                                    • Key points
                                                                      • Overview
                                                                        • Figure 12: UK onshore and offshore wind energy generation Capacity, 2010 and 2015
                                                                        • Figure 13: Cumulative FIT wind installations, 2010-15
                                                                        • Figure 14: UK wind energy capacity, 2010-15
                                                                        • Figure 15: UK wind energy generation, 2010-15
                                                                        • Figure 16: UK wind energy capacity, by country 2011-15
                                                                      • Green Investment Bank drive to boost investments in offshore wind
                                                                          • Figure 17: UK wind generation development pipeline, as of September 2015
                                                                      • Shoreline Wave/Tidal Generation

                                                                        • Key points
                                                                          • Overview
                                                                            • Swansea Bay tidal energy scheme given go-ahead
                                                                              • Wave energy developers’ focus remains on technology demonstration activities, optimisation and cost reduction
                                                                                  • Figure 18: UK wave energy capacity and generation, 2010-15
                                                                                  • Figure 19: UK wave and tidal capacity in development pipeline, as of September 2015
                                                                              • Photovoltaic Generation

                                                                                • Key points
                                                                                  • Overview
                                                                                    • Proposed policy changes by the government could cause further upheaval for ground-mounted solar PV deployment
                                                                                      • 3.8GW installed capacity across 445 solar farms operational
                                                                                        • Figure 20: Photovoltaic capacity installed in Great Britain, by type, 2010-15
                                                                                        • Figure 21: UK photovoltaic electricity capacity and generation, 2010-15
                                                                                        • Figure 22: Photovoltaic installations on Feed in Tariff Scheme in Great Britain, by size of installation, 2010-15
                                                                                        • Figure 23: Photovoltaic installation capacity on feed in tariff scheme in Great Britain, by size of installation, 2010-15
                                                                                        • Figure 24: Ground mounted and large scale photovoltaic installation capacity installed in Great Britain, 2010-15
                                                                                        • Figure 25: Quarterly photovoltaic installations in Great Britain, by type of installation, Q1 2010-Q2 2015
                                                                                        • Figure 26: Household penetration of photovoltaic installations in Great Britain, by region, 2014 and 2015,
                                                                                        • Figure 27: Regional distribution of photovoltaic installations in Great Britain, by type and region, cumulative as of Q2 2015
                                                                                        • Figure 28: UK photovoltaics development pipeline, as of September 2015
                                                                                    • Hydro Generation

                                                                                      • Key points
                                                                                        • Overview
                                                                                            • Figure 29: UK hydro energy capacity, 2010-15
                                                                                            • Figure 30: UK hydro energy generation, 2010-15
                                                                                            • Figure 31: UK hydro energy generation, 2010-14
                                                                                            • Figure 32: UK hydro electricity capacity, by country 2012-15
                                                                                            • Figure 33: UK hydro electricity development pipeline, as of September 2015
                                                                                        • Bioenergy Electricity Generation

                                                                                          • Key points
                                                                                            • Overview
                                                                                              • Drax’s part conversion of its 4GW coal-fired plant makes it the largest biomass installation in Europe
                                                                                                • Withdrawal of government support to restrict any future biomass conversions
                                                                                                  • Green light for world’s largest biomass plant
                                                                                                    • Figure 34: UK bioenergy and waste generation energy capacity, 2010-15
                                                                                                    • Figure 35: UK bioenergy and waste generation energy capacity, as of mid-2015
                                                                                                    • Figure 36: UK bioenergy generation, 2009-15
                                                                                                    • Figure 37: UK bioenergy capacity, by country 2012-15
                                                                                                    • Figure 38: UK bioenergy development pipeline, as of September 2015
                                                                                                    • Figure 39: UK bioenergy development pipeline, as of September 2015
                                                                                                • Electricity Usage

                                                                                                  • Key points
                                                                                                    • Introduction
                                                                                                      • Figure 40: UK final energy consumption, by type of fuel, 1970-2014
                                                                                                      • Figure 41: UK total energy consumption, by sector, 1970-2014
                                                                                                      • Figure 42: UK usage of energy, 2014
                                                                                                    • Industrial
                                                                                                      • Figure 43: UK industrial energy consumption, by type of fuel, 1970-2014
                                                                                                      • Figure 44: UK industrial energy consumption, by sector, 1990-2014
                                                                                                      • Figure 45: UK industrial electricity consumption, by sector, 2000-13
                                                                                                      • Figure 46: UK Industrial Electricity Consumption, by Sector, 2013
                                                                                                    • Transport
                                                                                                      • Figure 47: UK transport energy consumption, by type of fuel, 1970-2014
                                                                                                      • Figure 48: UK transport energy consumption, by sector, 1970-2014
                                                                                                    • Domestic
                                                                                                      • Figure 49: UK domestic energy consumption, by type of fuel, 1970-2014
                                                                                                      • Figure 50: UK domestic energy consumption, 1970-2014
                                                                                                      • Figure 51: UK domestic energy consumption efficiency, 1970-2014
                                                                                                      • Figure 52: UK domestic energy consumption, by activity, 1990-2013
                                                                                                      • Figure 53: UK household electricity usage on domestic appliances, 1970-2014
                                                                                                    • Commerce/services
                                                                                                      • Figure 54: UK commercial and services energy consumption, by type of fuel, 1970-2014
                                                                                                      • Figure 55: UK public administration energy consumption, by type of fuel, 1970-2014
                                                                                                      • Figure 56: UK commercial energy consumption, by type of fuel, 2010-14
                                                                                                      • Figure 57: UK agricultural energy consumption, by type of fuel, 2010-14
                                                                                                      • Figure 58: UK miscellaneous energy consumption, by type of fuel, 2008-13
                                                                                                      • Figure 59: Detailed service sector energy consumption, by activity and type of use, 2014
                                                                                                      • Figure 60: Detailed service sector electricity consumption, by activity and type of use, 2013
                                                                                                  • The Consumer – Attitudes and Acceptability

                                                                                                    • Key points
                                                                                                      • Three out of four people support increased electricity generation from renewable sources
                                                                                                        • Figure 61: Attitudes towards renewable energy, August 2015
                                                                                                      • Majority of people in favour of increased solar PV deployment
                                                                                                        • Majority of people support onshore and offshore wind farms
                                                                                                          • However, a third of people are also happy for the UK to generate more electricity from fossil fuels
                                                                                                            • Public continues to be concerned about high energy prices, with 42% wanting energy from cheapest source possible
                                                                                                              • Solar farms preferred energy plant near people’s homes
                                                                                                                • Figure 62: Acceptability of different types of energy plant, August 2015
                                                                                                                • Figure 63: Most acceptable type of energy plant, August 2015
                                                                                                            • Company Profiles

                                                                                                              • Key points
                                                                                                                • Company profiles
                                                                                                                • A Shade Greener

                                                                                                                    • Company strategy and outlook
                                                                                                                      • Figure 64: Financial analysis of A Shade Greener, 2011-14
                                                                                                                  • Biogen (UK)

                                                                                                                      • Company strategy and outlook
                                                                                                                        • Figure 65: Financial analysis of Biogen (UK), 2010-14
                                                                                                                    • First Hydro Company

                                                                                                                        • Figure 66: Financial analysis of First Hydro Company, 2010-14
                                                                                                                    • Good Energy Group

                                                                                                                        • Company strategy
                                                                                                                          • Figure 67: Financial analysis of Good Energy Group, 2010-14
                                                                                                                          • Figure 68: Turnover analysis of Good Energy Group, by segment, 2012-14
                                                                                                                      • Lightsource Renewable Energy

                                                                                                                          • Company strategy and outlook
                                                                                                                            • Figure 69: Financial analysis of Lightsource Renewable Energy, 2012-14
                                                                                                                        • ScottishPower Renewables

                                                                                                                            • Company strategy and outlook
                                                                                                                              • Figure 70: Financial analysis of ScottishPower Renewables, 2010-14
                                                                                                                          • SSE

                                                                                                                              • Company strategy and outlook
                                                                                                                                • Figure 71: Financial analysis of SSE, 2011-15
                                                                                                                                • Figure 72: SSE revenue segmental analysis, 2015
                                                                                                                            • Solar Century

                                                                                                                                • Company review and outlook
                                                                                                                                  • Figure 73: Financial analysis of Solar Century Holdings, 2010-2014
                                                                                                                              • Tamar Energy

                                                                                                                                  • Company review and strategy
                                                                                                                                  • Vatenfall Wind Power

                                                                                                                                      • Company review and strategy
                                                                                                                                        • Figure 74: Financial analysis of Vattenfall Wind Power, 2010-14
                                                                                                                                    • Vestas-Celtic Wind Technology

                                                                                                                                        • Company review and outlook
                                                                                                                                          • Figure 75: Financial analysis of Vestas-Celtic Wind Technology, 2010-14
                                                                                                                                      • Western Bio-Energy

                                                                                                                                          • Figure 76: Financial analysis of Western Bio-Energy, 2009-13
                                                                                                                                      • Forecast

                                                                                                                                        • Key points
                                                                                                                                          • The market
                                                                                                                                            • Government policy
                                                                                                                                              • The market prospects
                                                                                                                                                • Overview
                                                                                                                                                    • Figure 77: Forecast renewable energy generation, 2014-19
                                                                                                                                                    • Figure 78: Renewables capacity development pipeline, as of September 2015
                                                                                                                                                  • Wind
                                                                                                                                                    • Tidal/wave
                                                                                                                                                      • Photovoltaic
                                                                                                                                                        • Hydro
                                                                                                                                                          • Bioenergy
                                                                                                                                                          • Further Sources and Contacts

                                                                                                                                                            • Trade associations and regulatory bodies
                                                                                                                                                              • Trade exhibitions
                                                                                                                                                                • Trade magazines

                                                                                                                                                                Companies Covered

                                                                                                                                                                To learn more about the companies covered in this report please contact us.

                                                                                                                                                                Renewable Energy - UK - November 2015

                                                                                                                                                                £1,495.00 (Excl.Tax)