Commenting on the COP28 agreement, RenewableUK's Chief Executive Dan McGrail said: 
"Transitioning away from fossil fuels as fast as possible is essential, not only to keep us on track for net zero, but also because it enables us to generate electricity at the lowest cost for billpayers, as wind and solar are our cheapest sources of new power. It's good to see the agreement calls for a trebling of global renewable energy capacity by 2030 and that it specifically states that accelerating action over the course of this decade is critical to reaching our climate change goals. Even though today's agreement represents an important milestone, many countries would have liked the text to go further. The UK remains a global leader in a wide range of renewable technologies, but to maintain our lead, we will need to maximise the amount of clean energy capacity we secure in every annual CfD auction to meet the Government's targets and grow new high-tech supply chains throughout the country".  

KeyFacts Energy Industry Directory: RenewableUK