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Offshore wind also has guaranteed strike prices, although as you say much cheaper than HPC. One of the reason HPC strike price is so high is to pay for the guar
by Mvandenbergh 7y ago
Offshore wind also has guaranteed strike prices, although as you say much cheaper than HPC. One of the reason HPC strike price is so high is to pay for the guarantee that budget over-runs like this will not have a bill impact. If EDF goes belly-up trying to build it, that's no skin off our noses as bill payers.
- Brakenshire 7y agoThe guarantee is only for 15 years as well, whereas it’s 35 years for nuclear.
- killjoywashere 7y agoContractors look at funded reserves like lions look at red meat.