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Finishline42

(1,162 posts)
10. RE: England going nuclear
Sun Nov 7, 2021, 08:44 AM
Nov 2021

Hinkley Point C is under construction. Due to come on line in 2026 (or so).

The deal he refers to is the so-called Strike Price for Hinkley C's electricity. Also in 2016, the British government fixed that price at £92.50 per megawatt hour (MWh). The price rises with inflation and has now reached £106/MWh.

Back then, the equivalent price for electricity from offshore windfarms was well over £120/MWh. But wind costs have fallen fast. Today new wind projects are fixed at about £50/MWh, well under half the price of Hinkley power.


https://www.bbc.com/news/uk-england-somerset-58724732

It's the problem with nuclear - it's more expensive to operate existing nuclear plants than it is to build new wind and solar.

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