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<p>The latest available data on the size of the low carbon sectors is published in
a BIS report on 'The size and performance of the UK low carbon economy’. The report
contains estimates on turnover, Gross Value Added (GVA), number of firms and number
of jobs supported by various low carbon sectors. These estimates are presented in
Table 1 below.</p><p><em>Table 1: Size of the solar, wind and renewable heat sectors
in 2013 </em></p><table><tbody><tr><td><p><strong>Sector</strong></p></td><td><p><strong>Number
of firms</strong></p></td><td><p><strong>Number of jobs</strong></p></td><td><p><strong>Turnover
(£m)</strong></p></td><td><p><strong>Gross Value Added (£m)</strong> <br></p></td></tr><tr><td><p>Solar</p></td><td><p>2,400</p></td><td><p>34,400</p></td><td><p>8,400</p></td><td><p>3300</p></td></tr><tr><td><p>Wind</p></td><td><p>500</p></td><td><p>32,700</p></td><td><p>9,800</p></td><td><p>2,700</p></td></tr><tr><td><p><em>Onshore</em></p></td><td><p><em>300</em></p></td><td><p><em>19,000</em></p></td><td><p><em>6,300</em></p></td><td><p><em>1,700</em></p></td></tr><tr><td><p><em>Offshore</em></p></td><td><p><em>200</em></p></td><td><p><em>13,700</em></p></td><td><p><em>3,500</em></p></td><td><p><em>1,000</em></p></td></tr><tr><td><p>Renewable
heat</p></td><td><p>2,300</p></td><td><p>86,000</p></td><td><p>37,600</p></td><td><p>17,500</p></td></tr><tr><td><p><strong>Total</strong></p></td><td><p><strong>5,200</strong></p></td><td><p><strong>153,100</strong></p></td><td><p><strong>55,800</strong></p></td><td><p><strong>23,500</strong></p></td></tr></tbody></table><p><em>Note:
Renewable heat includes the following sectors: Energy generation from waste and biomass,
biomass equipment, geothermal, heat pumps, solar thermal, heat networks and alternative
fuels. Some categories also include activity not relating to renewable heat. Jobs,
turnover and GVA include supply chain activity.</em></p><p><em>Source: BIS (March
2015) “The Size and Performance of the UK Low Carbon Economy </em></p><br /><p>Future
growth in these sectors will depend upon a number of factors, such as technological
development and cost reduction.</p><br /><p>The Renewable Heat Incentive (RHI) budget
to cover both domestic and non-domestic schemes has been confirmed to March 2021,
with funding rising each year to £1.15bn in 2020/21. We believe that this is sufficient
to heat the equivalent of 500,000 homes. We are planning to reform the RHI with a
particular view to improve value for money, reduce cost and improve cost control.</p>
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