‘Rushing renewables could raise energy bills’

September 18, 2024 Stu Turley Press
renewables

Renewable energy is not always cheap, according to Shadow Energy Secretary Claire Coutinho.

Speaking at Energy UK’s Annual Conference, Ms Coutinho explained, “Renewables are not cheap in every single scenario.

“It depends on the price you pay for them.”

Claire Coutinho cautioned that a rapid increase in solar and wind power might result in higher electricity prices in the UK.

“If we spend the next five years speeding up the price of solar and wind, then actually we could be increasing the price of electricity here at home,” she said.

Ms Coutinho also highlighted that overloading the energy system with intermittent renewables without adequate planning could lead to higher costs due to grid issues.

“If we overload our systems with intermittent before planning and the grid can catch up, then we’ll pay more when it comes to curtailments,” she added.

Speaking earlier, Energy Secretary Ed Miliband warned that Britain must avoid moving from high carbon inequality to clean energy unfairness, stressing the need for a swift and equitable transition to renewables that addresses fuel poverty, job creation, and economic justice.

Keith Anderson, Chief Executive Officer of ScottishPower, called for “the biggest rewiring this country has seen since the grid was first built” to meet the UK’s increasing energy demand and support economic growth.

The post ‘Rushing renewables could raise energy bills’ appeared first on Energy Live News.

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About Stu Turley 4087 Articles
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.

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