Average electricity prices for households and businesses would rise “strongly up to 2020-2030” under all scenarios, the document says, and the highest prices would occur after 2030 if renewable sources of power, such as wind and solar, make up a large share of energy production. For example, average prices for households could jump by more than 100 per cent by 2050 if this were the case but only by 43 per cent under a scenario that assumed more nuclear power and carbon capture and storage were used.Damn unicorns are expensive, because it's hard to find virgins to catch them with anymore.
Thursday, October 20, 2011
EU Expects Wind, Solar Power to Double Energy Costs
EU Leak Shows Wind, Solar Energy to Double Power Bills