Renewable subsidies: destroyers of low cost electricity supplies

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Presentation transcript:

Renewable subsidies: destroyers of low cost electricity supplies Alan Moran, Regulation Economics

Energy Consumption by Source

Global new investment in renewable energy 2004-2017

Renewables share of new investment and of total supply

Estimated levelised cost of electricity by source (Australia)

UK £ estimated cost of power sources

US Subsidies by energy source

EU Electricity costs

Australian subsidies for renewables

Australian economic modelling of electricity prices

Household electricity prices 1998

Household electricity prices 2017

UK wind generation May-June 2018

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