{"product_id":"electricity-production-in-the-uk-industry-market-research-report","title":"Electricity Production in the UK - Industry Market Research Report","description":"\u003cp\u003eElectricity Production in the UK - Industry Market Research Report\u003cbr\u003e\nElectricity Production in the UK\u003c\/p\u003e\n\n\u003cp\u003eIn recent years, the UK government has encouraged a shift towards low-carbon electricity generation to meet emissions targets. Rapid growth in renewable generating capacity has culminated in renewables accounting for more than 40% of electricity generation in 2022, up from 29.2% in 2017. Increased investment in renewables has boosted revenue in recent years, with government-initiated schemes presenting lucrative growth opportunities in the face of fluctuating electricity consumption trends. Electricity generators' revenue is forecast to increase at a compound annual rate of 3.1% to reach £30.9 billion over the five years through 2023-24.\u003c\/p\u003e\n\n\u003cp\u003eFirms in this industry produce electricity by burning fossil fuels such as gas and coal. They also operate nuclear power stations, hydroelectric plants and stations fuelled by renewable sources such as wind or biomass.\u003c\/p\u003e\n\n\u003cp\u003eThis report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.\u003c\/p\u003e","brand":"Heavy Industry","offers":[{"title":"August, 2023 \/ 47 Pages \/ MCW16209362","offer_id":47613839900978,"sku":null,"price":978.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/electricity-production-in-the-uk-industry-market-research-report","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}