David Gilchrist comments on - Insider special report: Renewables

Sentiment around the renewables industry in Scotland of late has proved as changeable as the Scottish weather on which it relies.

David Gilchrist comments on - Insider special report: Renewables - published in Scottish Business Insider 6 November 2015

David Gilchrist, energy partner at DWF, agreed that investors could well move their focus away to overseas markets.

“The recent changes to renewables subsidies will have a huge impact on future developments as it creates uncertainty.

“In a competitive global market, investors will look elsewhere to invest, so we need to deliver a sustained commitment to renewables to encourage international investment into the UK.

“Less investment and development in the renewables sector will also have a knock-on effect on the wider capacity market,” he added.

“In order to deliver secure, sustainable and affordable electricity, the UK needs to invest in new generation projects to provide back-up power that will ensure the lights stay on when demand is high.”

Read the full article in Scottish Business Insider »

David Gilchrist

Partner - Head of Gas and Electricity

A partner in our Corporate and Commercial team in Scotland, I am a member of our Energy and Industrials Steering Group and lead the Scottish CR team.