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Renewable Energy in the United Kingdom

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    Report

  • 49 Pages
  • May 2024
  • Region: United Kingdom
  • MarketLine
  • ID: 5992666
Renewable Energy in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). 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 five segments, hydroelectricity, wind energy, solar, biomass, and geothermal.
  • The UK renewable energy market recorded total revenues of $11 billion in 2023, representing a compound annual growth rate (CAGR) of 5.4% between 2018 and 2023.
  • Market production volume increased with a CAGR of 5.4% between 2018 and 2023, to reach a total of 135,047.7 GWh in 2023.
  • The UK held a stake of 9.9% in the European renewable energy market in 2023.

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 by both value and volume

Reasons to Buy

  • What was the size of the United Kingdom renewable energy market by value in 2023?
  • What will be the size of the United Kingdom renewable energy market in 2028?
  • 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?
  • Who are the top competitors in the United Kingdom's renewable energy market?

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
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 Company Profiles
7.1. Orsted AS
7.2. RWE AG
7.3. Electricite de France SA
7.4. SSE Plc.
8 Macroeconomic Indicators
8.1. Country data
9 Appendix
9.1. Methodology
9.2. Industry associations
9.3. Related research
9.4. About the Publisher
List of Tables
Table 1: United Kingdom renewable energy market value: $ million, 2018-23
Table 2: United Kingdom renewable energy market volume: GWh, 2018-23
Table 3: United Kingdom renewable energy market category segmentation: % share, by value, 2018-2023
Table 4: United Kingdom renewable energy market category segmentation: $ million, 2018-2023
Table 5: United Kingdom renewable energy market geography segmentation: $ million, 2023
Table 6: United Kingdom renewable energy market value forecast: $ million, 2023-28
Table 7: United Kingdom renewable energy market volume forecast: GWh, 2023-28
Table 8: Orsted AS: key facts
Table 9: Orsted AS: Annual Financial Ratios
Table 10: Orsted AS: Key Employees
Table 11: Orsted AS: Key Employees Continued
Table 12: RWE AG: key facts
Table 13: RWE AG: Annual Financial Ratios
Table 14: RWE AG: Key Employees
Table 15: Electricite de France SA: key facts
Table 16: Electricite de France SA: Key Employees
Table 17: Electricite de France SA: Key Employees Continued
Table 18: SSE Plc.: key facts
Table 19: SSE Plc.: Annual Financial Ratios
Table 20: SSE Plc.: Key Employees
Table 21: United Kingdom size of population (million), 2019-23
Table 22: United Kingdom gdp (constant 2005 prices, $ billion), 2019-23
Table 23: United Kingdom gdp (current prices, $ billion), 2019-23
Table 24: United Kingdom inflation, 2019-23
Table 25: United Kingdom consumer price index (absolute), 2019-23
Table 26: United Kingdom exchange rate, 2019-23
List of Figures
Figure 1: United Kingdom renewable energy market value: $ million, 2018-23
Figure 2: United Kingdom renewable energy market volume: GWh, 2018-23
Figure 3: United Kingdom renewable energy market category segmentation: $ million, 2018-2023
Figure 4: United Kingdom renewable energy market geography segmentation: % share, by value, 2023
Figure 5: United Kingdom renewable energy market value forecast: $ million, 2023-28
Figure 6: United Kingdom renewable energy market volume forecast: GWh, 2023-28
Figure 7: Forces driving competition in the renewable energy market in the United Kingdom, 2023
Figure 8: Drivers of buyer power in the renewable energy market in the United Kingdom, 2023
Figure 9: Drivers of supplier power in the renewable energy market in the United Kingdom, 2023
Figure 10: Factors influencing the likelihood of new entrants in the renewable energy market in the United Kingdom, 2023
Figure 11: Factors influencing the threat of substitutes in the renewable energy market in the United Kingdom, 2023
Figure 12: Drivers of degree of rivalry in the renewable energy market in the United Kingdom, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Orsted AS
  • RWE AG
  • Electricite de France SA
  • SSE Plc.