By Nigel Hawkins, Hardman & Co Analyst
This Investment Research Paper addresses the issue of renewable power generation in the UK and in mainland Europe, which – after the deep-seated financial crisis of 2008/09 and the ensuing recession – now has better prospects of achieving critical mass. It also considers investment perspectives.
In recent years, there has been a major shift in favour of renewable generation. It has been led by wind generation, mainly on-shore but also increasingly off-shore. In the UK’s case, there has been a sea-change in operating costs, illustrated by the successful bids by three leading energy companies – EdP, Orsted and Engie – to build and operate North Sea wind farms…
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