These straightforward calculations are intended to answer the simple question:
“roughly how much would it cost to generate the same amount of power as is produced by the present fleet of EU(28) Weather Dependent Renewables, using conventional generation technologies, (Nuclear or Gas-firing) ? and how do those figures compare ?”.
Accordingly the post quantifies the scale of the fiscal waste and the burdens on utility bills attributable to the use of EU(28) Weather Dependent Renewables as installed at the end of 2019. It combines the comparative costs of generation technologies, published by the US Energy Information Administration in 2020 with information on the Nameplate rating of installed EU(28) Weather Dependent Renewable installations and their actual productive power output as of 2019. This data on Renewables performance at end 2019 is accessed from EurObserv’ER.