Skip to main content

Thank you for visiting nature.com. You are using a browser version with limited support for CSS. To obtain the best experience, we recommend you use a more up to date browser (or turn off compatibility mode in Internet Explorer). In the meantime, to ensure continued support, we are displaying the site without styles and JavaScript.

  • Review Article
  • Published:

Economics of alternative energy sources

A Corrigendum to this article was published on 26 May 1977

A Corrigendum to this article was published on 26 May 1977

Abstract

An important part of the oil and natural gas at present consumed in the UK is used for the heating of buildings, a demand which shows large diurnal, day-to-day and annual fluctuations. The replacement of this energy by nuclear-generated electricity, as at present envisaged, would require the construction of some 250 GW of additional capacity by the end of the century, a progamme which does not seem feasible. By incorporating relatively cheap, short term storage in the form of low-grade heat, the generating capacity required to fulfil peak demand could be reduced by more than 50%. As soon as such storage is provided, however, other sources of energy become viable and attractive alternatives, and the UK is well situated to make use of wind, wave, and tidal power. It seems likely that the value of North Sea oil/gas reserves as feedstock to the chemical industry will rise sufficiently to make an early reduction in their consumption as fuel of great economic importance.

This is a preview of subscription content, access via your institution

Access options

Buy this article

Prices may be subject to local taxes which are calculated during checkout

Similar content being viewed by others

References

  1. United Kingdom Energy Statistics 1973-75. (HMSO, London, 1976).

  2. Increased Costs of Energy; Implications for U.K. Industry. (NEDO, HMSO, London, 1974).

  3. Energy Conservation in the U.K. (NEDO, HMSO, London, 1975).

  4. Energy in the 1980s. Phil. Trans. R. Soc. A 276, 405 (1974).

  5. Energy Conservation: a Study of Energy Consumption in Buildings and Possible Means of Saving Energy in Housing, CP 56/75. (Building Research Establishment 1975).

  6. Lloyd, S. A. & Weinberg, F. J. Nature 257, 367 (1975).

    Article  ADS  CAS  Google Scholar 

  7. Solar Energy, a U.K. Assessment. (UK Section of ISES, London, 1976).

  8. Yellot, J. I. ASHRAE Journal, December 31 (1973).

  9. Wilson, E. M. Symposium on the Potential for Power from Currently Unconventional Energy Sources (Institute of Fuel, Southampton, in the press).

  10. New York Times 23 July (1976).

  11. Royal Commission on Environmental Pollution, Sixth Report; Nuclear Power and the Environment (HMSO, London, 1976).

  12. Sorensen, B. Science 194, 135 (1976).

    Article  Google Scholar 

  13. Operating Experience with Nuclear Power Stations in Member States in 1974. (International Atomic Energy Authority, Vienna, 1975).

  14. Power Plant Performance; Nuclear and Coal Capacity Factors and Economics. (Council on Economic Priorities, USA, 1976).

  15. Eldridge, F. R., Wind Machines (Report to the NSF, Mitre Corporation, USA, 1975).

    Google Scholar 

  16. Golding, E. W. & Stodhart, A. H. The Potentialities of Wind-power for Electricity Generation, Report No. W/T16 (BEAIRA (now ERA), 1949).

    Google Scholar 

  17. Molly, J. Proc. Int. Symp. Wind Energy Systems, Cambridge, UK (BHRA Fluid Engineering, Cranfield, in the press).

  18. Rayment, R. CP 59/76.(Building Research Establishment, 1976).

  19. Musgrove, P. New Scientist 72, 596 (1976).

    ADS  Google Scholar 

  20. Coty, U. & Dubey, M. 2nd Ann. Energy Symp. (Los Angeles Council of Engineers and Scientists, Los Angeles, 1976).

  21. Ljungstrom, O. Proc. Int. Symp. Wind Energy Systems, Cambridge, UK (BHRA Fluid Engineering, Cranfield, in the press).

  22. Railly, J. W. New Scientist 73, 231 (1977).

    Google Scholar 

  23. Wind-power Rep. Danish Academy Technical Sciences (1975).

  24. Wind Workshop 2 Proc. of the ERDA-N.S.F. Conf. Washington, (Mitre Corporation, 1975).

  25. Thomas, R. L. Proc. of the Vertical-axis Wind-turbine Workshop (E.R.D.A., Albuquerque, 1976).

  26. Templin, R. J. National Research Council of Canada Report LTR-LA-160 (1974).

  27. Glendenning, I. & Count, B. M. Proc. Symp. Renewable Sources of Energy R. Soc. Arts, p.50 (1977).

  28. U.K. Prov. Spec 10006/77.

  29. Merrick, D. Nature, 264, 596 (1976).

    Article  ADS  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Rights and permissions

Reprints and permissions

About this article

Cite this article

Ryle, M. Economics of alternative energy sources. Nature 267, 111–117 (1977). https://doi.org/10.1038/267111a0

Download citation

  • Issue Date:

  • DOI: https://doi.org/10.1038/267111a0

This article is cited by

Comments

By submitting a comment you agree to abide by our Terms and Community Guidelines. If you find something abusive or that does not comply with our terms or guidelines please flag it as inappropriate.

Search

Quick links

Nature Briefing

Sign up for the Nature Briefing newsletter — what matters in science, free to your inbox daily.

Get the most important science stories of the day, free in your inbox. Sign up for Nature Briefing