> Because you would have to accept £47/MWh as the viable price in 2025? > https://register.lowcarboncontracts.uk/AR4-HRN-010/ https://register.lowcarboncontract

> Because you would have to accept £47/MWh as the viable price in 2025? > https://register.lowcarboncontracts.uk/AR4-HRN-010/ https://register.lowcarboncontracts.uk/AR4-HRN-010/ This is the same Hornsea 3 which got a price increase for 3 * 360MW chunks of this power station up to £54.23/MWh 2012 = £75.46/MWh = 97.84 USD/MWh. These are due to be delivered in another 3 years. https://register.lowcarboncontracts.uk/AR6-HPT-010/ https://register.lowcarboncontracts.uk/AR6-HPT-010/ https://register.lowcarboncontracts.uk/AR6-HPR-010/ https://register.lowcarboncontracts.uk/AR6-HPR-010/ https://register.lowcarboncontracts.uk/AR6-HOP-010/ https://register.lowcarboncontracts.uk/AR6-HOP-010/ The AR6 strike price for new wind farms is £58.87/MWh (2012 prices) or £81.92/MWh or 106.24 USD/MWh current prices, which are due to be connected in 2030. > falling back to backups a few days or weeks a year ... Logic or prices be dammed. The devil is in the details. How much backup is needed depends on how much the wind/solar is overbuilt ... overbuilding leads to cannibalisation and eventually curtailment. Out-of-wholesale-market capacity payments are needed to keep the backup gas plants from shutting down.