The UK 2050 Calculator Web Flash Excel Wiki
Register or sign in
This is a wiki Anyone can contribute, therefore we don't vouch for its accuracy.

Missing costs

Some costs are missing from the calculator at the moment. Some are missing because they haven't been calculated yet. Others are missing because we haven't decided if and how to include them.

Missing because we haven't calculated them yet

We want to include the following costs, but haven't yet done the required analysis.

Transport

  1. International aviation (see XII.c International Aviation Costs)
  2. International shipping (see XII.e International shipping Costs)
  3. Roads (see XII.a Domestic passenger transport Costs & XII.b Domestic freight Costs)
  4. Railways (see XII.a Domestic passenger transport Costs & XII.b Domestic freight Costs)
  5. Canals (see XII.a Domestic passenger transport Costs & XII.b Domestic freight Costs)
  6. Ports (see XII.e International shipping Costs)
  7. Bus infrastructure (bus-stops, bus lanes) (see XII.a Domestic passenger transport Costs)
  8. Bike infrastructure (bike racks, bike lanes) (see XII.a Domestic passenger transport Costs)

Balancing

  1. The capital and operating costs of peaking gas plant are modelled. However, their fuel costs are not. We need to add in an estimate of their load factor to do so (see VII.c storage, demand shifting, interconnection costs)

Missing because we haven't decided whether to include them

We haven't decided whether to include the following costs, and if so, how:

  1. The cost of greenhouse gas emissions
  2. Welfare loss arising from behaviour change
  3. Non-market costs such as greater air pollution and noise.
  4. Public safety risks (perceived or actual) associated with incumbent technologies
  5. R&D costs.
  6. Opportunity costs
  7. Macro-economic costs.
  8. The cost of government intervention (taxes, regulations, subsidies)