Energy policy should be
based upon long-term planning and costing, not short-term sound-bites
driven by political expediency.The removal of subsidies for the
development of large-scale photo-voltaic (PV) energy production makes
no economic sense. According to the DECC's very well researched
figures, PV at £70 per kWh will be the lowest cost source of
electricity production in the UK by 2030, undercutting closed cycle
gas turbines (CCGT) at £85 per kWh, and Open Cycle Gas Turbines
(OCGT), essential to manage peak demand, currently costing £165 per
kWh rising to £184 per kWh in 2030. Onshore wind at £85 per kWh is
also a clear economic winner. Nuclear is also predicted to fall to
£77 per kWh. Long term forecasts show gas, coal and oil based
generation costs rising, whilst wind, PV and nuclear continue to
fall. If we ignore the environmental debate, just a cursory look at
the figures shows that we should cease all use of fossil fuels now.
If we also account for the human and economic cost of climate change,
plus the unsolved problem of long-term nuclear waste storage;
promoting the rapid expansion of renewable energy is the only
credible energy policy. It will guarantee security or supply, and
reduce household bills.
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