A £625 million stimulus deal is needed by the
renewable energy industry to keep up with developments in the rest of the world, according to the Renewable Energy Association (REA).
Speaking ahead of the Carbon Industrial Summit with Peter Mandelson and Ed Milliband, the REA called for the investment to ensure the UK doesn't fall behind other countries that are encouraging and supporting the renewable energy sector.
Philip Wolfe, REA's Director said: "Other countries have already committed huge sums to renewables as part of their stimulus packages, not just because renewables tackle the twin threats of climate change and energy security, but because they also offer the technological stimulus needed in a recession to create high-value jobs and enterprise."
Among the recommended uses for the funds include starting changes to the energy infrastructure, developing skills, and streamlining consent for projects.
The Government was recently told that preparing the national grid to deal with renewable energy projects needed to meet climate change targets would require £4.6 billion.
