Investment key to renewables jobs

摘要

Around 6,500 jobs would be created in the small scale renewable energy sector if the Green Investment Bank (GIB) gives the appropriate financial backing, according to a new report by The Co-operative Bank and accountancy firm, Grant Thornton. The report demonstrates the early economic gains that the GIB could make in the period while larger projects remain in planning and development stages. It urges for £200M to be brought forward from the GIB's initial £3B budget for small-scale renewable schemes instead of concentrating solely on large energy and infrastructure developments. According to the two companies, by supporting projects of between 250kW and 5MW in size the GIB could generate the following returns almost immediately compared to more complex nuclear and offshore wind projects: