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23 October 2015 | Updated 01 January 1970

With the nuclear power deal with France and China now signed the STA argues solar power could have been used at half the subsidy cost.

The Solar Trade Association (STA) has undertaken analysis arguing that solar PV could provide the same amount of electricity for half the subsidy cost.

Its analysis is said to show that a combination of solar, storage and other flexibility mechanisms would cost consumers roughly 50% less than Hinkley Point C over the 35-year lifetime of the Hinkley subsidy. The document contains interim results of current analysis that the STA intends to continue and refine further. It states that the STA hopes to add wind into the model as the generation profiles of wind and solar across the year balance each other ‘particularly well’.

“We hope this analysis makes people stop and think about how inexpensive solar has become and how competitive it is against other forms of low-carbon generation,” said Mike Landy, Head of Policy, STA. “The government needs to explain why it is drastically cutting support for solar energy while offering double the subsidy to Hinkley Point C. It also needs to explain why it is championing overseas state-backed utilities over British solar companies which given stable support would have considerable growth prospects.”

Picture: STA argues its figures show solar energy would have been more than competitive than the Hinkley Point C deal that has gone ahead this week

Article written by Mike Gannon | Published 23 October 2015

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