The future of West Cumbria looks very bright with Britain’s Energy Coast™ reportedly having the potential to create 16,000 jobs, and boost Cumbria’s economy by £800m per year. The figures for the UK are even more impressive; the renewable energy sector is set to be worth £150 billion by 2015. By 2020 the European Union requires the UK to generate 15% of its energy from renewable resources. Regulation is tightening to steer businesses towards this target, and the cost of fossil fuels is continually increasing, causing real financial issues for many businesses who are not yet on track.
While there may be a lot of numbers involved, the issues involved with renewable energy and waste management are not just financial. As the public becomes more aware of environmental issues, a responsible plan should be an essential part of the public image of any business, including a long term plan for decommissioning.
There can be a lot of issues involved as the industry is still relatively new, such as how to define, identify and control the actual costs involved with renewables. We have a great deal of expertise in this area and understand all of the issues involved. We are well placed to advise business operating in the renewable energy and waste management sectors, as well as businesses wishing to invest in improving their environmental impact.
“ West Cumbria, working in partnership with Government, has the potential to deliver the critical elements of a national energy strategy that meets the imperatives of both combating climate change and securing the nation’s energy supply. In doing so, and building on its nuclear expertise, West Cumbria can become one of Britain’s fastest growing sub-regional economies, transforming the area and providing net growth to the UK economy.”
‘Britain’s Energy Coast™- A Master Plan for West Cumbria’
Foreword by Jamie Reed MP.