United Kingdom Power EPC Market Outlook

United Kingdom Power EPC Market Report by Type (Thermal, Gas, Renewable, Nuclear, and Others),and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112025A24505

Buy Now New Year Sale

United Kingdom Power EPC Market Overview:

The United Kingdom power EPC market is projected to exhibit a growth rate (CAGR) of 5.30% during 2024-2032. The rising shift toward renewable energy sources, government policies supporting green energy initiatives, the increasing energy demand, the growing need for modernizing aging infrastructure, and the rising investments in wind, solar, and nuclear projects are some of the major factors propelling the growth of the market.

Report Attribute	Key Statistics
Base Year	2023
Forecast Years	2024-2032
Historical Years	2018-2023
Market Growth Rate (2024-2032)	5.30%

United Kingdom Power EPC Market Trends:

Rising Shift Toward Renewable Energy

The UK's commitment to reducing carbon emissions and promoting sustainable energy sources is leading to significant investments in renewable energy projects, including wind, solar, and biomass, which is boosting the EPC market. For instance, the UK government has law measures that are aimed at ensuring the nation is carbon neutral by 2050. Under the Climate Change Act, an independent, statutory body called the Climate Change Committee (CCC) was formed, whose job is to report and inform on the progress that the UK is making in making the energy transition and fulfilling its environmental targets. The government responded by adopting the findings and reviewing its climate efforts, including all the UK’s electricity to come from clean sources by 2035, a commitment to install 600,000 heat pumps a year by 2028, no petrol or diesel cars will be sold in the UK from 2030, and plant 30,000 hectares of trees a year by 2025.

Growing Government Policies and Incentives

Supportive government policies, subsidies, and incentives aimed at encouraging the adoption of green energy technologies are driving the growth of the power EPC market. Regulatory frameworks and targets for renewable energy generation further support this trend. For instance, in July 2024 Britain's new Labour government launched its flagship green energy infrastructure plan, announcing a multi-billion-pound partnership with the business arm of the royal family to develop offshore wind farms. The government is establishing a publicly owned body called Great British Energy to spearhead funding in domestic renewable energy projects as the UK weans itself off fossil fuels. It has allocated £8.3 billion ($10 billion) of public money over the next five years as Labour aims to meet Britain's climate change targets. It also wants to bring down the price of energy by reducing reliance on imports of oil and gas. GB Energy will also seek to attract private investment, and the government announced a first tie-up with the monarchy's land and property holdings company that aims to leverage private investment of £60 billion.

United Kingdom Power EPC Market News:

In January 2024, UK solar and storage specialist, Ethical Power, secured a contract to provide engineering, procurement, and construction (EPC) services for a pair of solar projects totaling 9 MW in southern Spain. The contract was awarded by Finnish renewables investor Korkia, which acquired the projects at the ready-to-build stage from UK developer Hive Energy in October 2023.
In October 2023, MYTILINEOS Energy & Metals announced the signing of an EPC contract for a 373MW solar park in the United Kingdom (UK) with Quinbrook Infrastructure Partners, a specialist investment manager focused exclusively on lower carbon and renewable energy infrastructure investment and operational asset management in the US, UK, and Australia.

United Kingdom Power EPC Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on type.

Type Insights:

Thermal
Gas
Renewable
Nuclear
Others

The report has provided a detailed breakup and analysis of the market based on the type. This includes thermal, gas, renewable, nuclear, and others.

Region Insights:

London
South East
North West
East of England
South West
Scotland
West Midlands
Yorkshire and The Humber
East Midlands
Others

The report has also provided a comprehensive analysis of all the major regional markets, which include London, South East, North West, East of England, South West, Scotland, West Midlands, Yorkshire and The Humber, East Midlands and Others.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

United Kingdom Power EPC Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	Billion US$
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Type Region
Types Covered	Thermal, Gas, Renewable, Nuclear, and Others
Regions Covered	London, South East, North West, East of England, South West, Scotland, West Midlands, Yorkshire and The Humber, East Midlands, Others
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the United Kingdom power EPC market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the United Kingdom power EPC market?
What is the breakup of the United Kingdom power EPC market on the basis of type?
What are the various stages in the value chain of the United Kingdom power EPC market?
What are the key driving factors and challenges in the United Kingdom power EPC?
What is the structure of the United Kingdom power EPC market and who are the key players?
What is the degree of competition in the United Kingdom power EPC market?

Key Benefits for Stakeholders:

IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the United Kingdom power EPC market from 2018-2032.
The research report provides the latest information on the market drivers, challenges, and opportunities in the United Kingdom power EPC market.
Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the United Kingdom power EPC industry and its attractiveness.
Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

Need more help?

Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.

Purchase Options New Year Sale

Inquire Before Buying

Speak to an Analyst

Request Brochure

Request Customization

Benefits of Customization

Personalize this research
Triangulate with your data
Get data as per your format and definition
Gain a deeper dive into a specific application, geography, customer, or competitor
Any level of personalization

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.

I wanted to express my sincere appreciation for your efforts in handling this matter. Your dedication and commitment have truly been commendable. It is evident that you have put in a tremendous amount of hard work and expertise into resolving the issues at hand. I would also like to take this opportunity to inform you that we are greatly interested

Overall, the deliverable was well organized and my experience with the project team was good. In particular, I appreciated how they responded when I requested additional information and the Japanese version.

The IMARC team were extremely professional and very cooperative. The team were also extremely flexible in making changes and modifications wherever required. The entire experience right from project kick-off to after sales support was fruitful and smooth.

I’d like to express my gratitude for the work you accomplished with the industry report. The way you responded to the requirements and delivered under tight timelines shows your expertise, exceptional work ethic and commitment to your customer’s success. The entire team and company are incredibly thankful for your dedication. Once again, thank you

The market reports from IMARC have been instrumental in guiding our business strategies. We found the reports comprehensive and data-driven, which helped us make informed decisions. The detailed insights and actionable data have consistently provided us with a competitive edge in a rapidly changing alcohol market.

One of the best things about IMARC is their flexibility and predisposition to tailor the reports and adapt to our needs. They are not just great in their researching and consulting solutions, but their service is unparallelled. We’ve worked with them a couple of times and we will keep working with them in future projects.

We recently commissioned multiple market research reports from IMARC, and the insights we received were invaluable. The depth of analysis, accuracy of data, and actionable recommendations have greatly enhanced our strategic decision-making.

The market estimates provided by your team were pretty much in line with what we were theorizing internally. Really appreciate the work on this.

The sale account manager and the service was excellent. The data and market trends gathered from the report was insightful and really assisted while planning future product and growth strategies.

The report is excellent and has good amount of data and our team is extremely happy with the information provided.

Thank you very much for your cooperation and post purchase support. We were really happy with the final deliverable, and the takeaways from the report.