Posted: 18 April, 2017. Written by REA News
The REA’s vision of a sustainable, low-carbon economy was submitted to Government this week as the organisation responded to the consultation on a future Industrial Strategy.
The REA has suggested that the Bio-economy and Clean Technology sectors have demonstrated extraordinary innovation in the past decade. Greater industry collaboration and government support will recognise the potential these areas can deliver in regional growth, innovation and exports.
From the deployment of energy storage in conjunction with solar panels and electric vehicles, to producing energy from waste there are a range of sectors where industry collaboration with government now could put Britain in a position to export technology and services in the future. The response also highlights how delivering affordable energy and clean growth are complementary objectives. Many renewable technologies are now competitive with, or more competitive than fossil power sources such as gas.
Bolstering the message that clean energy should power the Industrial Strategy the REA has sent a letter with five other trade associations to Business Secretary Greg Clark. It details that: “Technological advances and competition are demonstrating that a modern, low-carbon energy system offers increasing potential to improve the competitiveness of our economy, while delivering investment and employment across the UK – particularly in regions outside London and the South East.“
Mark Sommerfeld, Policy Analyst at the REA and lead writer of the response said:
“Renewable technologies have the potential to deliver directly against the goals of all ten pillars of the Industrial Strategy. From innovation and skills to the potential to export both products and knowledge, renewables and clean tech can support the nation in advancing a wide range of interests while deploying infrastructure fit for the twenty-first century.”
James Court, Head of Policy and External Affairs at the REA said:
“The window for action in gaining competitive advantage in this growing sector is small. Luckily this Industrial Strategy poises us to become leaders in a range of renewable and clean technologies, with significant benefits for industry and bill-payers alike.
"This sector is poised to provide new growth, and with the right support the sector’s technology and skills can be a key source of exports post-Brexit.”
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Notes to editors
About the Renewable Energy Association (REA)
The Renewable Energy Association represents renewable energy producers and promotes the use of all forms of renewable energy in the UK across power, heat, transport and recycling. It is the largest renewable energy and clean technology trade association in the UK, with approximately 700 members, ranging from major multinationals to sole traders. For more information, visit: www.r-e-a.net
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