On July 8 the chancellor, Rachel Reeves, emphasised the importance of transitioning to renewable energy sources.
Under the new government, we would expect to see an acceleration in the development of onshore wind, offshore wind, solar, and other renewable energy projects.
The UK government has announced a significant policy shift aimed at stimulating the renewable energy market. This move promises to benefit both the environment and investors. A key aspect of the plan is to significantly increase capacity for onshore wind and solar power generation. By doubling onshore wind, tripling solar, and quadrupling offshore wind by 2030, the UK aims to become a global leader in clean energy.
The policy also includes streamlining approval processes for onshore wind projects. This aims to attract substantial private sector investment, further accelerating the growth of clean energy in the UK.
Beyond environmental benefits, this policy shift promises economic growth and infrastructure development.
Deputy prime minister Angela Rayner emphasises the transformative nature of this policy. This “new era for economic growth” will be built on a foundation of clean energy and robust infrastructure.
The UK’s commitment to renewables presents a win-win situation.
Investors have the potential for significant returns, while the country progresses towards a cleaner and more sustainable future.
Renewable energy is set to play an ever-increasing role in business.
Burnetts Solicitors has just opened a new office in Kendal and has a specialist renewables team.
The team offers support to landowners, farmers, and developers in relation to option agreements and leases with renewable energy providers and power purchase agreements and can advise on a range of matters for renewables projects.
Robbie Mather, commercial property partner at Burnetts, who leads its renewables team, said: “We have seen a number of clients, particularly within the leisure and tourism and agriculture sectors, who have previously looked to green energy to be more self-sufficient in respect of the resources and from a cost efficiency perspective. Several schemes have sought to use the benefit of the local environment through wind turbines, solar, and hydro schemes.
“There are various options available for clients who are seeking to benefit from green energy. There are lots of investors from outside the area who are looking to Cumbria to site many of the renewable schemes, who are willing to fund the project and in turn provide ‘free’ energy to the landowner. Alternatively, clients can source funding as a standalone project which will provide greater returns in the longer term.
It will certainly be interesting to see how Cumbria responds to the change in policy, while preserving the beauty of the landscape; particularly within the Lake District National Park.”
You can contact Burnetts’ renewables team on 01228 552222 or by emailing hello@burnetts.co.uk.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here