This should not come as a surprise as Scotland had already, with its "2020 Routemap for Renewable Energy in Scotland" (published in 2011) recognised the potential that the renewable energy industry has for both the Scottish economy and the environment. In its latest progress update (September 2015), the Government highlighted the progress that has been made in the areas of onshore and offshore wind, solar, biomass and tidal (whilst acknowledging the inherent challenges that such developments pose).
More impressive is that community energy featured prominently in that update. Indeed in 2015, Scotland met its target of 500MW of community and locally-owned operational renewable energy projects and it appears that there is plenty more in the pipeline! Just today it was announced that construction of a new wholly owned-community wind turbine on Greenmyres Farm starts today. Support for the £2.5m development was provided by Clydesdale Bank (80% of the funding), with further support by Social Investment Scotland and the Scottish Government’s CARES scheme.
I have no doubt that developers and financiers will be following these developments very closely in the coming months! At Foot Anstey we have experience of all these schemes in England, Scotland and Wales so do get in touch for advice email@example.com or chris.Pritchett@footanstey.com
Renewables are fast becoming a key component of Scotland's energy mix as the country contemplates weak oil prices and declining production at its North Sea reserves. The government there has big ambitions, and says it is aiming for renewables to generate the "equivalent of 100 percent of Scotland's gross annual electricity consumption by 2020."