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Phoenix666 [soylentnews.org] writes:

Energy from offshore wind in the UK will be cheaper than electricity from new nuclear power [bbc.co.uk] 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.

Original Submission