BMI View: On the surface, the UK’s renewables industry is growing from strength to strength, with the Department of Energy and Climate Change (DECC) stating that solar and wind installations were up substantially during 2012. However, we maintain our cautious outlook for the sector, owing to the uncertain and confusing energy policy adopted by the UK government, that has the potential to deter some investors. As part of the UK’s clean energy, low-carbon drive, the country has pledged to derive 15% of its energy from renewable sources by 2020 and the country is beginning to make headway in meeting this …
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