Some useful facts about the cost of renewable energy
Posted by Cathy Debenham on 19 July 2012 at 3:24 pm
The average combined electricity and gas bill is about £1,000. The cost of the renewable obligation and feed-in tariff in 2010 was £18 per bill payer (p.62 of Estimated Impacts of Energy and Climate Change policies on energy prices and bills, DECC - clicking will download the document)
In contrast, if you divide the £6.93bn of taxpayers money given to the Nuclear Decommissioning Authority in 2010-2011 by the 26.3 million households in the country you find the annual cost per household of nuclear waste is £260.
Between 2004 and 2010, dual fuel bills rose by £455, of which £382 was due to soaring gas prices (The Guardian)
Globally subsidies for fossil fuels are $409 billion compared to $66 billion for renewable energy (Bloomberg New Energy Finance - clicking will download slides from a keynote address).
Photo by Shalom Tescubia
If you have a question about anything in the above blog, please ask it in the comments section below.
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