BONNIE NEW ENERGY FOR THE HIGH ROAD TO SCOTLAND

Scotland's Place in the Renewable Energy World

January 2013 (Pinsent Masons)

“…[Pinsent Masons surveyed representatives] 50 organisations from a broad cross section of [renewable energy] market participants…The results create an interesting snapshot of how a number of organisations with operations in Scotland view the country’s place in the global renewable energy world…

“…Respondents indicated that they saw the UK as the most likely destination for investment during the next 3 years, with China and Germany representing the biggest challengers…”

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“…Consistency of government policy and commitment to renewable energy at a national governmental level is seen by respondents as the most important factor impacting investment decisions – a point which brings into sharp focus the impact that UK coalition ambiguity on energy policy will have had during 2012…

“Clearly views have been shaped by a year which has arguably surpassed any other in terms of levels of regulatory reform and political change – factors which will carry over into 2013 and beyond. The challenge will be for market participants and government to continue the good work that has already been done to promote Scotland as a global renewable and alternative energy ‘centre of excellence’ on the world stage…”

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