News Digest Item
11 Oct 2016

“Coal, nuclear and gas cost consumers 1.5 times more than renewable surcharge”

Greenpeace Energy / Green Budget Germany (FÖS)

The hidden costs of electricity generated with coal, nuclear power, and gas mean consumers would have to pay a “conventional energy surcharge” of up to 10.8 cents per kilowatt-hour next year, according to a study by Green Budget Germany (FÖS) commissioned by renewable power provider Greenpeace Energy. Public subsidies for conventional energies and their real costs to society are likely to add up to 38 billion euros in 2017, according to the short analysis. The study shows that costs for “dirty and risky” energy sources are still much higher than the costs for renewable development, according to Greenpeace Energy.   

Find the study in German here.

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