See renewables still a good deal despite FiT cuts Without binding targets, the renewables market had little impetus to grow and develop, warned the Renewable Energy Association (REA). "Experience shows that binding renewables targets do two things," said Dr Nina Skorupska, chief executive of the REA. "First, they give a major long-term boost to investor confidence, helping accelerate market growth and technology cost reduction. "Second, politics frequently trumps economics in the real world, and when politicians go wobbly on renewables, the targets help keep investment flowing." The u-turn on renewable energy was yet another politically unclear message, said Jonathan Scurlock, NFU chief advisor on renewable energy and climate change. "It is rather disappointing and a completely different change of tone," he said. "The failure to send a clear message to the renewable energy supply chain makes some investors nervous."