Wind and solar are cheaper than thought, admits UK government

Re:Wind and solar are cheaper than thought, admits UK govern... by jerven on Monday August 31, 2020 @09:16AM (#24331127)

That is not what is guaranteed (nor at Hinkley Point C (HPC)), what is guaranteed that in the period a Mw produced for the grid is paid at least the strike price (but maybe more). Hinkley Point C will have have downtime for refuelling and other reasons. So needs to be paired with another power plant.

The CFD for hinkley point is available and is a few hundred pages.

Part of reason for the strike price with HPC is that they expected offshore to cost 85 GBP in 2025, while it costs 50 GBP in 2020.

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Re:Wind and solar are cheaper than thought, admits UK govern... by ebalit on Monday August 31, 2020 @07:20PM (#24336885)

I don't think that the downtime of a nuclear reactor is similar to wind and solar (less often and can be scheduled).

Thanks for the explanation on CFD. One of the advantages of nuclear is its predictability, it seems unfortunate if this isn't what was bought by the UK.

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