Author Topic: New Offshore Wind Is Now Twice The Price Of Gas  (Read 40 times)

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Offline rangerrebew

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New Offshore Wind Is Now Twice The Price Of Gas
« on: July 27, 2025, 07:48:08 am »
New Offshore Wind Is Now Twice The Price Of Gas
July 27, 2025
tags: carbon price, cfd
By Paul Homewood
 
https://www.gov.uk/government/publications/contracts-for-difference-cfd-allocation-round-7-administrative-strike-prices-methodology-note

As we know, the new Administrative Strike Prices for offshore wind are well above wholesale market prices, which have been trundling along at between £70 and £80/MWh for the last year or so:

https://notalotofpeopleknowthat.wordpress.com/2025/07/27/new-offshore-wind-is-now-twice-the-price-of-gas/
The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address