"A damning report from the Policy Exchange urges the government to hold the wind industry to its pledge to slash costs by the end of the decade. UK families are paying £95 per MWh for onshore wind, compared to £27 MWh in Brazil, according to its report."
"But offshore wind is about 50 per cent as expensive as onshore wind, with a strike price of £155 MWh. The most expensive technologies are tidal and wave power, which cost around £305 MWh."
"The EU Renewable Energy Target decrees that 15 per cent of all energy in the UK - or 30 to 35 per cent of electricity - is generated by renewable sources by 2020. But emissions from the electricity sector are already capped by a separate European Emissions Trading System."
"Part of the reason for Brazil?s low wind energy prices has been put down to unusually high wind speeds, a surplus of wind turbines and hidden incentives. Its wind turbines have much better capacity of up to 65 per cent, compared to up to 35 per cent in the UK and much of Europe."
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