Why wind and solar are already better value than fossil fuels : Renew Economy
When radio shock jock Alan Jones got the cost of wind energy so horribly wrong in front of a million or so viewers on ABC TV last month, he did more than misplace a decimal point. He repeated an often-made misunderstanding about the costs of energy, and why renewables are already better value than fossil fuels. Jones, appearing on ABC TV’s Q&A program, claimed that wind energy cost $1,500 a kWh, as opposed to coal which he put at $75/kWh. He had his numbers terribly confused, mixing up kilowatt-hours with megawatt-hours, repeating an error first made in The Australian that lifted the cost of wind energy tenfold.
