Blog Archives

Cost of different sources of energy

Here are two useful sources for comparing the current and projected prices of different sources of renewable energy.

The first comes from Centre for Climate Change and Economics Policy report: the Case For and Against Onshore Wind Energy in the UK, starting on page 16.

The second comes from the Renewable Roadmap, from which I’ve constructed this table:

Estimated levelised cost ranges for electricity technologies
£/MWh 2010 low 2010 high 2010 median 2020 low 2020 high 2020 median
CCGT £76 £79 £78 £87 £91 £89
Onshore wind £75 £127 £101 £71 £122 £97
Biomass cofiring £94 £110 £102 £93 £110 £102
Biomass conversion £106 £128 £117 £106 £127 £117
AD < 5MW £75 £194 £135 £70 £173 £122
Dedicated biomass £127 £165 £146 £120 £156 £138
Offshore wind £149 £191 £170 £102 £176 £139
Solar PV £202 £380 £291 £136 £250 £193
Marine £162 £340 £251
Estimated levelised cost ranges for heat technologies
£/MWh 2010 low 2010 high 2010 median 2020 low 2020 high 2020 median
Gas £25 £33 £29 £32 £46 £39
Off gas and elec. grid £28 £53 £41 £31 £57 £44
Air source heat pump £44 £55 £50 £42 £53 £48
Ground source heat pump £62 £75 £69 £56 £67 £62
Biomass boilers £40 £99 £70 £43 £102 £73
Electricity £68 £90 £79 £87 £101 £94
Biogas £22 £138 £80 £22 £138 £80
Biomass district heating £61 £156 £109 £65 £159 £112
Source: Renewable Energy Roadmap p 16-17