The cost of renewables (source: PB Power)
By Order of the Reich Commission
Under Commission Order 2007(3), by 2020, 20% of all energy usage in the Greater Europe Economic Co-prosperity Sphere will come from renewable sources.
Commissioners today confirmed that even the backward citizens of North West Special Administrative Measures Zone IV will be permitted to make a patriotic contribution of 15%. Gauleiter von Brown will implement appropriate arrangements to drive improvement from the present wholly unacceptable level of 2%.
Let's just remind ourselves of some facts (see previous blogs here and here):
- To hit our 15% target, by 2020 75% of our electricity generation (about 20% of total power usage) will have to come from renewables; at present we're on about 5%;
- Cheap hydro power can only make a very small contribution (in marked contrast to eg Sweden which has many more hydro resources and a much smaller population);
- Electricity from renewables typically costs 2-10 times coal fired generation;
- With an average household electricity bill already running around £400pa, the typical household will therefore face a price hike of anything from £300-£1000pa- call it ten quid a week.
Oh, and prepare for regular South African style power cuts.