Electricity Costs: Start With a Level Playing Field

Topics:
Civil and Environmental
Tags:
Finance,
Financial Accounting,
Investment,
Management,
Royal Academy Of Engineering,
Strategy,
Subsidy
Source:
The Royal Academy of Engineering

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Overview: Will Government targets for renewable electricity generation ever be met? How much will this policy cost? All currently available generating technologies have their own characteristics, which are valued differently. If an energy policy is designed to truly subsidies the positive aspects and penalizes the negative, policy makers must understand the relative costs of generating electricity from different technologies, with all subsidies and externalities stripped out. This paper has only provided indicative, but comparable, figures. Commercial concerns examining investment prospects in the energy sector would need to take many other factors into consideration, such as financial risk and the availability of subsidies over the long term.

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Format: PDF | Size: 113KB | Date: May 2004 | Pages: 4

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