In the renewable energy news is a message
Posted: 23 Aug 2022, 21:43
About the cost of gas.
Now as I recall the strike price for Hinckley point C is £94 per MW/h. It was considered ludicrous as recently as last year. Amazing what difference a year makes.
The surging price of gas has also sharpened the focus on renewable energy. Over the past week, gas for delivery the next day has cost £432 per megawatt hour, nine times higher than the £48MWh agreed at the last contract-for-difference auction round, analysis by climate information site Carbon Brief found.
Now as I recall the strike price for Hinckley point C is £94 per MW/h. It was considered ludicrous as recently as last year. Amazing what difference a year makes.