UK green energy expensive? Not any more. From now on it’s cheap

A record low price set for offshore wind power is good for UK jobs, the taxpayer and household bills. It is bad news for Hinkley C and the nuclear industry

The persistent myth that green energy is expensive has been shredded by the revelation that windfarms will be built around Britain’s coast far more cheaply than new nuclear reactors.

New power stations in the UK today are usually only built with the certainty provided by subsidies paid through energy bills, so the record low guaranteed price awarded to the developers of three new mega offshore windfarms today is, first and foremost, welcome news for consumers.

Related: Huge boost for renewables as offshore windfarm costs fall to record low

Related: Drop in wind energy costs adds pressure for government rethink

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View full post on Wind power | The Guardian

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