Corporate report

Energy Investment Report April 2014

An overview of the investment secured in energy since 2010.

From:
Department of Energy & Climate Change
Published
23 April 2014
This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

Documents

Energy Investment Report April 2014

PDF, 543 KB, 8 pages

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Renewable electricity investment and jobs map

PDF, 92 KB, 1 page

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Details

The report shows the significant progress made against the energy investment challenge inherited in 2010 where energy projects accounted for nearly 60% of the UK National Infrastructure Plan (£218bn out of the £377bn).

Since 2010, investment worth more than £45 billion has been secured in electricity infrastructure alone – the majority of this investment has been in renewable technologies.

The Department’s analysis had previously identified a need for up to £110bn of electricity infrastructure investment between 2013 and 2020 and we are delighted to see nearly £14bn invested against the £110bn target in 2013 with a consequent reduction in the future estimated spend requirement - which now stands at up to £100bn through to 2020.

Since 2010 DECC has recorded investments in large scale renewable electricity totalling over £34 billion, with the potential to support around 37,000 jobs. The map on this page outlines how this is spread across the UK.

Published 23 April 2014