| ▲ | Reason077 11 hours ago | |
Yes, like I said, UK CfD strike prices (both nuclear and wind) are always quoted in 2012 prices. But even adjusting for inflation, offshore wind's £59.90 is a fraction of the retail price that UK consumers and most businesses pay for electricity. There's plenty of margin left for the middlemen (regulator, grid operator, distribution network operator, electricity retailer, etc). ... and Hinkley Point C's £92.50 is £133.79 today, and could be £160+ by the time it actually starts generating in (maybe?) 2031. | ||