3 ms·
The wholesale market is ~£100. Paying £73 (or even £44) for something that is priced at £100 is certainly a subsidy, but in this case it is the offshore wind fa
by blitzar 3y ago
The wholesale market is ~£100. Paying £73 (or even £44) for something that is priced at £100 is certainly a subsidy, but in this case it is the offshore wind farms that are giving the subsidy to the government. (It was an even bigger subsidy when the wholesale price went to £500)