Report: U.K. Wind Farms Not Cost-Effective

From the Telegraph (U.K.):

Wind farms will require £12billion in public subsidies, almost three times as much as nuclear power plants will cost, according to a new report.

A study from Oxford Economic Research Associates said nuclear power could provide the same amount of carbon-free electricity for £4.4billion. The study also forecast that the Government will fail to hit its 20-year targets for carbon dioxide emissions by between 40pc and 60pc unless it significantly moves away from fossil fuels.

"Given the size of the environmental change targets, the Government is faced with some tough decisions," said Robin Smale, author of the study. "At the moment, the two options available are increasing the amount of nuclear energy or increasing renewables at the taxpayer's expense," he said.

Looks like there's a debate brewing, and it's schedule for immediately after the May 5 Parliamentary election.

Technorati tags: Nuclear Energy, Environment, Energy, Politics, Technology, Economics

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