A study commissioned by the Natural Resources Defense Council and conducted by Vivid Economics indicates that by 2025, electricity from coal-to-biomass conversions will not be one of the three lowest-cost forms of electricity in the United Kingdom, and will not be needed to ensure reliability of electricity supply as the country phases out coal. According to the findings, any new biomass capacity constructed will be outcompeted by lower cost generation and will thus be an obsolete asset within the decade. Continuing to support biomass conversion through a Contract-for-Difference could result in the country paying an excess implicit subsidy of over £360 million compared to wind energy.
Read More (PDF)Organization: Natural Resources Defense Council