The following facts are backed up by clear empirical evidence.
- the annual cost of support for investment in renewables (the Renewables Obligation) was £1.1bn in 2009-10, meaning an additional £20 on the average customer bill. This contrasts with the £2bn annual cost of nuclear decommissioning.
- the cost of low carbon energy in the form of large-scale onshore wind output is £83 per megawatt hour (MWh), nuclear power £96-98/MWh, carbon capture and storage £105-158/MWh and run of river hydro £69/MWh
- onshore wind will be cost competitive with gas and coal generation by 2016 (Bloomberg report)
The full factsheet with referenced sources is available here.