Offshore wind power cheaper than new nuclear

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

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 guaranteed price 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.

Read the BBC story - “Offshore wind power cheaper than new nuclear.“