+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Renewable Energy in the United Kingdom - Market Summary, Competitive Analysis and Forecast to 2025

  • PDF Icon

    Report

  • 50 Pages
  • June 2021
  • Region: United Kingdom
  • MarketLine
  • ID: 5397423
Renewable Energy in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • The renewable energy market consists of the net generation of electricity through renewable sources. It is divided into four segments, these being hydroelectricity, wind energy, solar, biomass and geothermal. The volume of the market is calculated as the net volume of electricity produced through renewable means and the market value has been calculated according to an average of annual non-household power price, or equivalent, excluding taxes and levies. All market data and forecasts are represented in nominal terms (i.e. without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2020 annual average exchange rates.
  • The UK renewable energy market had total revenues of $14.9bn in 2020, representing a compound annual growth rate (CAGR) of 15.5% between 2016 and 2020.
  • Market production volume increased with a CAGR of 12.4% between 2016 and 2020, to reach a total of 129,954.9 GWh in 2020.
  • Wind had the highest volume in the UK renewable energy market in 2020, with a total of 73,128.3 GWh, equivalent to 56.3% of the market's overall volume.

Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the renewable energy market in the United Kingdom
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the renewable energy market in the United Kingdom
  • Leading company profiles reveal details of key renewable energy market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom renewable energy market with five year forecasts

Reasons to Buy
  • What was the size of the United Kingdom renewable energy market by value in 2020?
  • What will be the size of the United Kingdom renewable energy market in 2025?
  • What factors are affecting the strength of competition in the United Kingdom renewable energy market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the United Kingdom's renewable energy market?
Frequently Asked Questions about the Renewable Energy Market in the United Kingdom

What is the estimated value of the Renewable Energy Market in the United Kingdom?

The Renewable Energy Market in the United Kingdom was estimated to be valued at $14.92 Billion in 2020.

What is the growth rate of the Renewable Energy Market in the United Kingdom?

The growth rate of the Renewable Energy Market in the United Kingdom is 8.0%, with an estimated value of $21.92 Billion by 2025.

What is the forecasted size of the Renewable Energy Market in the United Kingdom?

The Renewable Energy Market in the United Kingdom is estimated to be worth $21.92 Billion by 2025.

Who are the key companies in the Renewable Energy Market in the United Kingdom?

Key companies in the Renewable Energy Market in the United Kingdom include Orsted AS, E.ON Climate & Renewables GmbH and SSE Plc..

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strengths and weaknesses to leading players have?
7.3. What have been the most significant mergers/acquisitions over the last year?
7.4. Which companies are responsible for the most significant renewable projects under development?
8 Company Profiles
8.1. Orsted AS
8.2. E.ON Climate & Renewables GmbH
8.3. EDF Energy Renewables Ltd
8.4. SSE Plc.
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About the Author
List of Tables
Table 1: United Kingdom renewable energy market value: $ billion, 2016-20
Table 2: United Kingdom renewable energy market volume: GWh, 2016-20
Table 3: United Kingdom renewable energy market category segmentation: GWh, 2020
Table 4: United Kingdom renewable energy market geography segmentation: $ billion, 2020
Table 5: United Kingdom renewable energy market value forecast: $ billion, 2020-25
Table 6: United Kingdom renewable energy market volume forecast: GWh, 2020-25
Table 7: Orsted AS: key facts
Table 8: Orsted AS: Annual Financial Ratios
Table 9: Orsted AS: Key Employees
Table 10: E.ON Climate & Renewables GmbH: key facts
Table 11: E.ON Climate & Renewables GmbH: Key Employees
Table 12: EDF Energy Renewables Ltd: key facts
Table 13: EDF Energy Renewables Ltd: Key Employees
Table 14: SSE Plc.: key facts
Table 15: SSE Plc.: Annual Financial Ratios
Table 16: SSE Plc.: Annual Financial Ratios (Continued)
Table 17: SSE Plc.: Key Employees
Table 18: United Kingdom size of population (million), 2016-20
Table 19: United Kingdom gdp (constant 2005 prices, $ billion), 2016-20
Table 20: United Kingdom gdp (current prices, $ billion), 2016-20
Table 21: United Kingdom inflation, 2016-20
Table 22: United Kingdom consumer price index (absolute), 2016-20
Table 23: United Kingdom exchange rate, 2016-20
List of Figures
Figure 1: United Kingdom renewable energy market value: $ billion, 2016-20
Figure 2: United Kingdom renewable energy market volume: GWh, 2016-20
Figure 3: United Kingdom renewable energy market category segmentation: % share, by volume, 2020
Figure 4: United Kingdom renewable energy market geography segmentation: % share, by value, 2020
Figure 5: United Kingdom renewable energy market value forecast: $ billion, 2020-25
Figure 6: United Kingdom renewable energy market volume forecast: GWh, 2020-25
Figure 7: Forces driving competition in the renewable energy market in the United Kingdom, 2020
Figure 8: Drivers of buyer power in the renewable energy market in the United Kingdom, 2020
Figure 9: Drivers of supplier power in the renewable energy market in the United Kingdom, 2020
Figure 10: Factors influencing the likelihood of new entrants in the renewable energy market in the United Kingdom, 2020
Figure 11: Factors influencing the threat of substitutes in the renewable energy market in the United Kingdom, 2020
Figure 12: Drivers of degree of rivalry in the renewable energy market in the United Kingdom, 2020

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Orsted AS
  • E.ON Climate & Renewables GmbH
  • EDF Energy Renewables Ltd
  • SSE Plc.