Think tank finds flaws in UK government's clean power cost predictions
New analysis questions governments claims about future electricity prices under green energy plan. Centre for Policy Studies suggests different gas price forecasts could make clean power more costly than expected
The UK governments clean-power promises face new questions as data shows possible cost miscalculations. Ed Miliband‚ Energy Secretary claims that zero-carbon power by 2030 wont raise costs; however a think-tank suggests different
In a detailed study released on Nov-29th the Centre for Policy Studies points to some issues: gas prices forecasts seem too high and dont match the governments own predictions (which show lower costs for traditional power). The National Energy System Operator report – which Miliband relies on – looks at costs for wind solar and infrastructure build-up
The International Energy Agency predicts lots of liquified natural gas by decades end which could affect prices differently than expected. This matters because the whole cost-saving idea depends on gas staying expensive: a scenario thats not certain anymore
The prize on offer from a clean power system is energy security‚ cheaper power and the creation of jobs and wealth for Britain
Pre-election talks included claims about £300 yearly savings for bill-payers. Robert Colvile‚ CPS director says its important to use correct facts in such debates. The National Energy System Operator still thinks clean power by 2030 is possible but notes many hurdles ahead
