There’s been a lot of talk about how offshore wind has ‘increased’ its costs since the last Government contract auction – but that’s not a patch on nuclear power a la Hinkley C, courtesy of EDF. Capital costs for the project have increased in real (not just inflation) terms by around 50 percent since 2012, and there’s probably a lot worse to come. The figure of £92.50 per MWh is often mentioned as the price of the contract for Hinkley … read more »
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