Risk Management on Solar Thermal vs. solar photovotaic system in the Uk

In UK, the renewable energy industry is rapidly expanding so as to minimize the volume of fossil fuels used in the production of electricity, and also reduce their associated carbon dioxide gas emissions for the purpose of reducing pollution to the levels or targets set by the governmental policy. As of 2008, the United Kingdom has been increasingly dependent over the use of renewable energy resources. In line with this, 5.5 (approximately 4.3 million tonnes of oil equivalent) of the total electricity that was generated in UK was produced from the use of renewable resources such as bio fuels (76.19), wind power (14.29), and hydroelectricity (9.52) (Office for National Statistics, 2011). Even though the use of renewable energy resources has been increasing, there is still a long way for