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4/8/16

Britain: Alternative Energy - Wind and Solar: Wind farms and solar energy would cost billions less than Hinkley nuclear plant

Scrapping a planned euro 30 billion extension of Hinkley nuclear power station in favour of renewable energy would provide the same amount of energy, and save nearly £40 billion, according to a new report.

The ‘Toxic-time capsule’ report, released today by the Intergeneration Foundation, calls the proposed Hinkley Point C the ‘most expensive building on Earth’, and argues it would place economic and environmental burdens on future generations.

EDF Energy’s plans for the new reactors in Somerset would cost the government £92.50 per megawatt hour over 35 years of electricity supply.

But the think tank’s research, based on public subsidiaries and construction costs, found that onshore windfarms would cost euro 38.40 billion less, and solar photovoltaic power euro 49 billion over the same period.

It adds that renewable energy is preferable to nuclear power, as reactors cannot be built quickly enough to curb global warming, handing on the problems of nuclear waste and climate change to our children and grandchildren.

Read more: Wind farms and solar energy would cost billions less than Hinkley nuclear plant | Left Foot Forward

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