Renewing the UK. (The Beat).The UK Department of Trade and Industry The Department of Trade and Industry was a United Kingdom government department which was disbanded with the announcement of the creation of the Department for Business, Enterprise and Regulatory Reform on 28 June 2007[1]. announced in March 2001 that over 155 million [pounds sterling] will be spent on renewable energy Renewable energy utilizes natural resources such as sunlight, wind, tides and geothermal heat, which are naturally replenished. Renewable energy technologies range from solar power, wind power, and hydroelectricity to biomass and biofuels for transportation. research and development in the next three years. This includes 50 million [pounds sterling] donated do·nate v. do·nat·ed, do·nat·ing, do·nates v.tr. To present as a gift to a fund or cause; contribute. v.intr. To make a contribution to a fund or cause. by the National Lottery National Lottery n → Lotto nt , of which 33 million [pounds sterling] will go toward constructing power plants that use energy crops, 10 million [pounds sterling] will go toward offshore wind power, and 3 million [pounds sterling] will go toward small-scale biomass heat generation. Minister of Energy Peter Hain said the government hopes that 10% of UK electricity will come from renewable sources by 2010. He added that the government is determined to bring offshore wind and energy crop projects into full commercial production in the near future. The government is assuring a market for the power produced by these projects through the Renewables Obligation The Renewables Obligation (RO)[1] is designed to incentivise the generation of electricity from eligible renewable sources in the United Kingdom. It was introduced in England and Wales and in a different form (the Renewables Obligation (Scotland)) in Scotland in April , which requires UK power suppliers to obtain a portion of the electricity they sell from renewable sources. |
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