By Paul Homewood
h/t Ian Magness
It’s good to see that GB News have picked up on Gordon Hughes’ cost analysis of Net Zero:
The drive to Net Zero will see the average British household facing a £900 rise in energy bills by 2030, researchers say.
A major report conducted by Professor Gordon Hughes, a former energy advisor to the World Bank and Edinburgh University’s former head of economics, paints a grim picture of Britain’s energy future.
The study warns that the costs associated with producing electricity, maintaining the grid, and funding green subsidies will lead to dramatic bill increases by 2030.
Read the full story here.
The report goes on to say “Prof Hughes’s model predicts that constructing new wind and solar farms will cost around £150billion over the next five years, a figure far exceeding official Government estimates”.
This is borne out by NESO’s own calculations:
