THE EU’s green energy campaign could double household electricity bills by 2050, a report warned yesterday.
It predicted 20 years of rising electricity prices as Europe comes to rely on wind farms for up to half its electricity, compared to 5 per cent today.
The report from the European Commission says bills will rise by 50 per cent by 2030 and 100 per cent by 2050. This would take the average annual bill in Britain for electricity alone to £1,052, according to the uSwitch website.
The study examines how the EU can meet its target of cutting greenhouse gas emissions to 80-95 per cent of 1990 levels by 2050 and looks at efficiency, renewables, nuclear power and carbon storage.
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GREEN ENERGY COULD DOUBLE HOUSEHOLD BILLS