Trade body Scottish Renewables’ latest figures show that £750M worth of new renewable energy projects in Scotland began generating in the last 12 months.
In its submission to the Draft Scottish Budget, Scottish Renewables indicated that installed capacity increased from 3.9GW to more than 4.6GW in the last year, 465MW of which was from new onshore wind developments – with a capital investment of £750M.
The report also estimated that potential future pipeline renewable electricity projects — including offshore wind, wave, tidal, biomass and hydropower — had a total capital value of around £46bn.
Scottish Renewables chief executive Niall Stuart said “barriers to investment” still remain, and called for public sector investment in resource planning, infrastructure and skills, to encourage investment. He also hit out at those blaming renewables for energy price rises, and said the increase in consumer bills is due instead to a corresponding hike in gas prices.