A British government report says that the right combination of loans, grants, and other incentives could lead to roughly 10 million small-scale solar, wind, and other renewable energy systems being installed in the U.K. by 2020.
The report, by the Department of Business, Energy and Regulatory Reform, says the adoption of programs encouraging the installation of alternative-energy systems in homes and businesses could annually generate energy equivalent to five nuclear power plants and could cut traditional, carbon-based energy use by five percent. If no incentive plans are adopted, only about two to three million of these so-called microgeneration systems will likely be installed by 2020, the report said.
The report, by the Department of Business, Energy and Regulatory Reform, says the adoption of programs encouraging the installation of alternative-energy systems in homes and businesses could annually generate energy equivalent to five nuclear power plants and could cut traditional, carbon-based energy use by five percent. If no incentive plans are adopted, only about two to three million of these so-called microgeneration systems will likely be installed by 2020, the report said.