A massive investment in renewable energies to reduce the UK's reliance on fossil fuels was unveiled by the Prime Minister Gordon Brown.

Speaking at the Government's Low Carbon Economy Summit, Mr Brown outlined a new strategy to reduce the demand for energy, and to develop and deploy more renewable technologies.

The Government plans to invest £100 billion over the next twelve years to meet the "immense challenge". Tidal, solar and wind power will all have a part to play in the future.


"Investment in renewables would bring an improvement in energy security due to more diverse supplies, a reduction in projected energy bills, and the creation of hundreds of thousands of new jobs and business opportunities," the Prime Minister said.

"And this is the biggest prize of all: the chance to seize the economic future - securing our prosperity as a nation by reaping the benefits of the global transition to a low carbon economy.

"For the fact is that, in the 21st century, the global low carbon economy will be a key driver of our economic prosperity."

Under the proposals, the UK will extend and raise the renewable energy to encourage 30-35% of electricity to come from renewable sources by 2020.

(CD/JM)