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Supply and demand - demand for wind and solar generation increased so production costs got cheaper. Now you just can't factor that kind of market shift into th
by Zenst 6y ago
Supply and demand - demand for wind and solar generation increased so production costs got cheaper. Now you just can't factor that kind of market shift into the numbers as easily as you can factor in costs increasing. So whilst we often see government projects overrun and cost more than initially calculated, it's good to see the opposite.
I have read (sorry don't have link at hand) that some energy producers will end up paying the government due to reduced costs in production - so that'll balance things out and win win all around perhaps.
OK dug out link - https://inews.co.uk/news/environment/offshore-wind-power-cheap-explained-pay-back-government-subsidies-563941 https://inews.co.uk/news/environment/offshore-wind-power-che...