Wouldn’t meeting our energy security needs by renewables, Decentralised Energy and efficiency mean much higher fuel bills for the British public?
Experience shows otherwise. Germany has developed a thriving renewables industry at a tiny cost to the consumer. For around £1 per month on the average household’s bill, Germany now generates 14% of its electricity from renewable sources. Last year German renewables generated more electricity that the entire UK nuclear fleet. Germany also employs a quarter of a million people in the renewable energy industry – bringing huge benefits to its domestic economy. In reality – it’s the rocketing price of oil and gas, not the cost of renewables that explains why fuel bills are on the increase. By developing a sizeable and robust renewable energy industry we are insulating ourselves against further spikes in the cost of fossil fuels, which will become more frequent with increasing demand from the Asian economies. As time goes on, the “polluter pays” principle will lead to fossil fuels becoming a much more expensive form of energy generation. The cost of carbon, while relatively low today, will
