UK Electricians are set to benefit from a new government White Paper which seeks to revolutionise the electricity industry.
The government want to accelerate their plans for renewable energy over the next few years and attract new investment to the electricity market.
The new Electricity Market Reform White Paper wants to get more private firms to contribute money into energy schemes, as the UK needs around 20 new power stations to upgrade the national grid.
This plan will need around £110 billion of investment to go ahead, and with all the spending cuts at the moment, the private sector is the area to lead the change in the electricity sector.
This is a way for the UK to capitalise on renewable energy, as the government has set a target that 15% of all power in the UK must come from alternative energy, such as wind, solar and nuclear.
As well as creating a low-carbon future and capitalising on renewable energy sources, this investment will likely create new jobs in the electrical sector over the next decade.
This was confirmed by the Climate Change Secretary Chris Huhne, who said the report will lead to, “A new generation of power sources including renewables, new nuclear… will secure our electricity supply as well as bring new jobs and new expertise to the UK economy.”
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