The new report on the UK potential for geothermal energy, by Sinclair Knight Merz and commissioned by the Renewable Energy Association, concludes that it should be possible for geothermal energy to provide the UK with a cumulative benefit of 5,000 gigawatt-hours (GWh) of electricity and 32,000 GWh of heat by 2030. This is power equivalent to nine nuclear reactors.
Mr Jackson continued, “SKM’s analysis suggests that a feed-in tariff level of approximately £300/MWh for electrical generation and combined heat and power projects is required to develop these geothermal projects in the UK. This is approximately equal to five Renewable Obligation Certificates (ROCs) per MWh.”
Eh? Doesn\’t that mean they\’ve found something even more expensive that fucking solar PV let alone nuclear? 30 p a kWhr…..