Committee on Climate Change

Independent advisors to the UK Government on tackling and preparing for climate change

Technical Annexes

 

Renewable Energy Review - Technical Annex - Costs of low-carbon generation technologies (PDF1.22MB)

Time preference, costs of capital and hidden costs

In assessing costs and benefits, the Committee aims to follow Green Book principles. The appropriate discount rate for use in appraisal is a recurring issue in our modelling. This note aims to provide further guidance on our approach.


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