Innovative Energy Consultancy Ltd
Innovative Energy Consultancy Ltd

Fossil fuel projects increase

Analysis by Green Alliance of the UK’s infrastructure pipeline indicates that for the first time fossil fuel projects are expected to exceed that of low-carbon energy, in the current financial year 2014-15.

The organisation announced that ‘since a detailed pipeline was first released in 2012, expected spending on fossil fuel energy infrastructure has been revised up from 8 per cent to 61 per cent (£2.2 billion to £15.2 billion) of all energy infrastructure in 2014-15.

At the same time anticipated spending on low carbon energy has been revised down from 92 per cent to 39 per cent (£24.9 billion to £9.8 billion) in 2014-15.

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