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Renewable energy can replace UK’s Moorside, Wylfa and Sizewell C nuclear power at a much cheaper cost

ECIU (accessed) 17th Jan 2019 The future of the Government’s plans to roll out six new nuclear power
stations across Britain is looking increasingly parlous, as the Wylfa
project becomes the second power station to be scrapped in just two months.

Wylfa’s demise makes the Oldbury project extremely unlikely to proceed,
while Toshiba has already backed out of developing its Moorside station.

Their absence leaves space for new low-carbon capacity to fill the gap. Filling the ‘nuclear gap’ with
alternative low-carbon power sources would keep bills down, maintain secure
energy supply and allow the UK to maintain progress towards legally binding
climate targets.

A representative scenario, in which 80% of the energy
output of Moorside, Wylfa and Sizewell C was replaced in equal measure by
onshore and offshore wind, with the remaining 20% by solar PV would entail
an average price of £50-65/MWh, including the cost of system balancing.

This is 13-33% cheaper than the cost of energy from nuclear (not accounting
for nuclear system costs). This would see an additional 11.3 GW of onshore
wind and 5.7 GW of offshore wind capacity, as well as 20.8 GW of new solar
PV capacity. Renewable capacity is already set to increase on current
levels, as more – and cheaper – capacity continues to come online.

January 19, 2019 - Posted by | renewable, UK

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