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UK renewables has £39.6 billion invested since 2010

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An estimated £39.6 billion was invested in the UK’s renewable energy industry between 2010 and 2014.

Decc’s latest figures show electricity capacity from renewable sources has grown by 165% since 2010 and currently provides 18% of the nation’s needs – powering the equivalent of 14.5 million homes every year.

The UK low carbon economy in 2013 was worth £122 billion and supported more than 460,000 jobs – 1.5% of all UK jobs.

Onshore wind, which supported 19,000 jobs in 2013, is estimated to have attracted £7.9 billion of investment between 2010 and 2013, solar £11.4 billion, marine £100 million, biomass and bioenergy £8.8 billion and hydropower £300 million.

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