Hydropower and interconnectors will support UK energy transformation

Gas, nuclear and coal will lose market value to wind, solar PV, storage and interconnectors, new study finds

The 1728 megawatt Dinorwig power station in Snowdonia national park, Wales. Photograph: Denis Egan/Wikimedia CommonsPower from renewable generators will be cheaper than existing gas or coal plants by the end of the next decade, according to a new study.

Growth from wind and solar PV will drive this displacement with renewables accounting for over half of electricity generation by the mid-2020s in the UK, according to the co-authored study from Bloomberg New Energy Finance, Eaton and the REA.  

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