The report, published by Energy UK, highlighted that the investment climate for low-carbon generation has deteriorated significantly in recent months and could even undermine the nation's net-zero ambitions.
Renewable UK and Energy UK have both separately called on the government to make the country a more attractive place for investors looking to build wind and solar farms.
“The UK is in increasing danger of undermining its own ambitions and failing to deliver on its commitments," said Emma Pinchbeck, chief executive at Energy UK.
“In many ways, the UK has led the way in the transition to clean energy – witness our world leading offshore wind industry – but we risk squandering this position and driving the investment that we need elsewhere.”
The new report, in particular, warns about the increased costs of low-carbon projects.
This is due to a range of economic factors such as inflation, interest rates, supply chain difficulties and "poorly...