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Renewables cost twice as much

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Producing renewable electricity is roughly twice as expensive as generating fossil fuel power, says a Royal Academy of Engineering report published last week.

The cheapest renewable power source is onshore wind at 5.5p/kWh, compared to gas and nuclear generation which only cost 2.3p/kWh.

But the report, produced for the Academy by consultant PB Power, also shows that the cost of fossil fuel generation escalates when the costs of carbon generation are factored in.

INFOPLUS To see the report go to www. nceplus.co.uk

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