Levelised Costs Of UK Electricity Generation
By Paul Homewood
The BEIS has just published its analysis of levelised costs for different types of electricity generation.
This compares costs per MWh for different technologies on the basis of new build.
So, for instance, the table below costs projects theoretically commissioning in 2020.
At first sight onshore wind appears to be the cheapest, but there is a catch!
As I have been pointing out for some time, these costings always include carbon costs in the calculation for CCGT, as the BEIS paper shows on the very next page:
So although CCGT works out at £66/MWh, the true cost, ignoring the totally artificial imposition of a carbon tax, is really £47/MWh. This is much less than wind or solar.
Even under the high capex/fuel scenario, the cost would still only be £57/MWh.
And as the paper points out, no allowance is made for other costs incurred because of renewable energy, such as standby capacity and extra grid infrastructure.
Renewable lobby groups are continually allowed to get away with the claim that onshore wind and solar are the cheapest generating options.
Will the media finally wake up, do its job and challenge these lies whenever they are made?