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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 Gaaark on Tuesday September 12 2017, @04:55PM (2 children)

    by Gaaark (41) on Tuesday September 12 2017, @04:55PM (#566836) Journal

    Except:
    Wynne.

    Shit happened.

    --
    --- Please remind me if I haven't been civil to you: I'm channeling MDC. ---Gaaark 2.0 ---
    Starting Score:    1  point
    Karma-Bonus Modifier   +1  

    Total Score:   2  
  • (Score: 0) by Anonymous Coward on Tuesday September 12 2017, @05:11PM (1 child)

    by Anonymous Coward on Tuesday September 12 2017, @05:11PM (#566851)

    Except:
    Wynne.

    Shit happened.

    There is no "except".

    The DRC is gone for residential accounts since January 1, 2016. This is a fact.

    The DRC is scheduled to be gone for all accounts as of April 1, 2018. There is no reason to believe that this won't happen exactly as planned. Wynne isn't going to fuck that up right before the election.

    • (Score: 2) by Gaaark on Thursday September 14 2017, @10:22AM

      by Gaaark (41) on Thursday September 14 2017, @10:22AM (#567719) Journal

      Except:

      http://www.cbc.ca/beta/news/canada/toronto/ontario-hydro-price-plan-kathleen-wynne-1.4006021 [www.cbc.ca]

      "The plan would keep electricity rates at or below the rate of inflation over the next four years, but government officials said they can't predict the size of the electricity rate increases after that period."

      "NDP energy critic Peter Tabuns said: "The bill will come due another day and it will be a very big bill." "

      Except:
      Wynne.
      Shit happened.

      --
      --- Please remind me if I haven't been civil to you: I'm channeling MDC. ---Gaaark 2.0 ---