Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Energy bills to soar to fund renewables

Meeting government targets for increasing renewable energy use will add an extra £213 to average annual domestic energy bills, a report by management consultant Ernst & Young claimed this week.

The report says the cost to Britain of meeting European renewable energy targets by 2020 will be £100bn. This would result in 15% of the energy mix coming from renewables.

Consumers will have to contribute £5.3bn towards that cost through a 20% rise in energy bills assuming commodity prices remain stable.

Despite stern warnings of spiralling energy bills, the government has promised to launch even more ambitious renewable energy targets. The government's newly published renewable energy strategy aims to increase the renewable share of the energy mix to between 30% and 35% by 2020.

This would be achieved with a new incentives regime to encourage energy companies to invest in renewable heat sources and in upgrading grid infrastructure to remove barriers to renewable energy technology.

Energy bodies raised doubts about whether such targets could be met.

"The key question is can we deliver this major 'dash for renewables' in less than 12 years and at the lowest cost to the consumer?'" said the Carbon Trust.

"Achieving this will require a scale of deployment, investment and political commitment never yet experienced for renewables. The clock is now ticking; a Marshall Plan for renewables is needed urgently to turn the 2020 vision into a commercial reality."

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Please note comments made online may also be published in the print edition of New Civil Engineer. Links may be included in your comments but HTML is not permitted.