Purchasing managers are not convinced by green trend
Despite the strong progress that the business world has made in driving the renewables revolution in recent months, a new survey of 1,000 UK-based utility decision makers has revealed that more than a quarter (27%) believe that renewable energy is “just a passing trend”
The research, carried out by business electricity supplier Haven Power, found that the most common barrier to adopting long-term renewables targets was the cost of procuring renewable power. In total, 37% of respondents cited immediate expenditure as a business barrier.
Almost a quarter (24%) cited a lack of government support as a key challenge to renewables uptake. In recent years a plethora of cuts to subsidies and feed-in-tariffs (FITs), combined with the closure of Renewables Obligation (RO) applications, has dampened business appetite for purchasing renewables.
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August 21, 2018 at 04:11AM
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