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posted by Fnord666 on Tuesday September 12 2017, @02:11PM   Printer-friendly
from the and-less-radioactive dept.

Energy from offshore wind in the UK will be cheaper than electricity from new nuclear power for the first time.

The cost of subsidies for new offshore wind farms has halved since the last 2015 auction for clean energy projects

Two firms said they were willing to build offshore wind farms for a subsidy of £57.50 per megawatt hour for 2022-23.

This compares with the new Hinkley Point C nuclear plant securing subsidies of £92.50 per megawatt hour.

Nuclear firms said the UK still needed a mix of low-carbon energy, especially for when wind power was not available.

Both nuclear and wind receive subsidies, but for the first time wind is coming to market with less, so providing the same electricity with less cost to the public than nuclear.


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  • (Score: 2) by fraxinus-tree on Tuesday September 12 2017, @02:53PM (2 children)

    by fraxinus-tree (5590) on Tuesday September 12 2017, @02:53PM (#566755)

    Cheaper per kW installed power, cheaper per kWh produced power, cheaper per kWh produced power including balancing expenses?

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  • (Score: 2, Touché) by Anonymous Coward on Tuesday September 12 2017, @03:23PM

    by Anonymous Coward on Tuesday September 12 2017, @03:23PM (#566766)

    Cheaper per PR article.

  • (Score: 1, Informative) by Anonymous Coward on Tuesday September 12 2017, @04:41PM

    by Anonymous Coward on Tuesday September 12 2017, @04:41PM (#566828)

    Since it is comparing the guaranteed price, it's cheaper per kWh of produced power.