Greenpeace and other environmental groups have recently expended a great deal of energy trying to get the UK to commit to de-carbonizing the UK electricity grid by 2030. This hoped for target was for, on average, 50 g CO2 to be produced per kWh of electricity, which the government has decided to not include in its energy bill.
Instead of going over the debate over whether a target is a good idea, let’s instead consider whether the government would be wise to follow Greenpeace’s overall policy prescriptions. I’ll simplify these to three policies: the UK has a legally binding target of 50 gCO2 /kWh for electricity, no nuclear power plants, and no CCS power plants by 2030. So, how do we get to 50 g CO2/kWh in such a scenario? Read the rest of this entry »