As the world looks beyond fossil fuels to meet its power generation needs, renewable energy is becoming an increasingly important industry. Scotland is at the forefront of this transformation.
With favourable natural resources, a tradition of technological excellence and a supportive business environment, Scotland’s renewables sector is ripe for investment.
Renewable energy in Scotland – the potential
Scotland is enjoying an era of major expansion within its renewable energy industry. A proud history in the wider energy industry and a sound infrastructure have enabled companies based in Scotland to harness natural resources and develop a vibrant renewables sector.
The renewable energy industry is characterised by the same qualities – vision, innovation and quality of service – that define the Scottish oil and gas sector. An abundance of natural resources means Scotland has the potential to become a major producer of energy using a range of renewable sectors, including:
Renewables, resources and research in Scotland
Many companies are diversifying from an oil and gas base, with the culture of enterprise and commitment that has grown around the hydrocarbon sector now evident in the Scottish renewable energy industries.
The sector has become recognised as a world leader in wave and tidal research and development, deploying those technologies at multi-megawatt scale. Scotland’s geographic position provides a climate ideal for producing renewable energy and offers some of the best wind, wave and tidal resources in Europe.
- Scotland possesses some 25 per cent of Europe’s wind resource.
- Over 60 per cent of the UK’s forestry reserves are to be found in Scotland.
- Universities and research institutes have attracted over £100 million of funding for energy-based research, including all major forms of renewable generation.
- An almost unlimited resource of biomass is available from the sea.
- Innovative Scottish companies are pivotal in turning emerging technologies into commercial opportunities.
Combined with the business development and support that Scotland offers, energy business investment is an increasingly attractive proposition.
Contact us to explore the potential of the renewable energy industry in Scotland.