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Renewable targets could add 2,000 to bills

31 March 2008

Britain's compliance with European Union renewable targets will cost the typical household at least £2,000, according to a government-commissioned report.

And the UK will also have to spend far more to meet the target than other EU countries because of the relatively slow uptake of renewables and the nation's continued heavy energy use, the energy consultancy Poyry claimed.

The cost is meeting the target for producing 15 per cent of all energy from renewable sources by 2020 stands at least five billion euros a year for more than a decade, compared with just over three billion euros a year for the EU's industrial heavyweights France and Germany.

Analysts predict utility bills could rise further to pay for the building of more wind farms, biomass plants and solar generators as well as the connecting of new renewable and micro-generators to the national grid.

At present, only three per cent of the UK's power comes from renewable energy.

The Guardian reported that the government is lobbying the EU to change the way the renewable target is calculated, in particular to count UK investments in renewable energy as part of UK's effort.

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