The UK may not be famous for endless sunshine, but that hasn’t stopped the solar sector from shining bright! Like an umbrella on a rainy day, solar power has become an unexpected hero, quietly transforming how the UK generates energy. The industry proves that some rays of sunshine can go a long way, even in a land known for its clouds- from rooftops shining with panels to cutting-edge solar farms.
Ready to uncover how this brilliant sector is illuminating the future of sustainable energy in the UK? Let’s dive into the trends and insights shaping the solar scene!
In the United Kingdom, electricity production in the Solar Energy market is expected to reach 14.43 billion kWh by 2025 as per data available on Statista.
The market is forecasted to grow at an annual rate of 1.97%, reflecting the Compound Annual Growth Rate (CAGR) from 2025 to 2029.
The latest data from the Microgeneration Certification Scheme (MCS) reveals that around 1.3 million households in the UK have adopted solar panel installations.
Out of the 29 million homes in the country, 4.1% are now generating electricity from solar panels.
As per the report, Global Market Outlook For Solar Power 2023 – 2027, by 2030 solar energy will probably comprise up to 20% of the UK’s total electricity generation.
According to the pv magazine article, the value of homes with solar panels can grow by almost 7.1%.
According to the data from the UK Customer Satisfaction Index (UKCSI), energy companies continue to be among the lowest-rated industries, scoring 69.8% in July 2024, compared to the all-sector average of 75.8%.
Wrap up!
As the UK solar sector continues to defy the clouds and shine ever brighter, it’s clear that this industry is here to stay, rain or shine. With cutting-edge technology, ambitious sustainability goals, and a growing appetite for renewable energy, solar power is set to illuminate the nation’s path to a greener future.
So, whether it’s a sunny day or a classic British drizzle, one thing’s certain: the UK solar sector proves that the future is brighter when powered by the sun. Here’s to harnessing that energy and making it count-one brilliant panel at a time!
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Mordor Intelligence Report on UK Solar Power Market industry
https://www.mordorintelligence.com/industry-reports/united-kingdom-solar-power-market-industry
Solar Energy – United Kingdom
https://www.statista.com/outlook/io/energy/renewable-energy/solar-energy/united-kingdom
UK Solar Market| Insights: Growth, Policies and more!
https://www.finulent.com/our-blog/uk-solar-market-insights-growth-policies-and-more/
Global Market Outlook For Solar Power 2023 – 2027
https://www.solarpowereurope.org/insights/outlooks/global-market-outlook-for-solar-power-2023-2027/detail
Solar panels could raise value of houses by up to 7.1%
https://www.pv-magazine.com/2024/08/06/solar-panels-could-raise-value-of-houses-by-up-to-7-1/
Ofgem sets out vision for customer service culture change to make energy sector best in Britain
https://www.ofgem.gov.uk/press-release/ofgem-sets-out-vision-customer-service-culture-change-make-energy-sector-best-britain
