Wednesday, May 21, 2025

Kathryn Porter: The True Affordability of Net Zero

My report reviews in depth the costs of renewable generation and their impact on our bills, driving British industrial electricity costs to the highest in the developed world, and our domestic costs to fourth highest.
  • My report sets out all of the additional costs applied to bills as a result of net zero policies which in 2023-24 amounted to over £17 billion, and are projected to increase to over £20 billion per year in 2029-30. 
  • My analysis indicates that had Britain continued with its legacy gas-based power system in the period since 2006, consumers would have been almost £220 billion better off (2025 money) even taking into account the impact of the gas crisis...

The full cost of policy costs:

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