By Paul Homewood

Last year, subsidies for offshore wind amounted to £4034 million, including £1651 million via the Contract for Difference scheme at an average of £128/MWh.

Offshore wind output totalled 40.7 TWh, just 13% of UK generation.

Justin Rowlatt says the offshore wind industry is now virtually subsidy free!

CORRECTION

I have calculated the ROCs incorrectly. The true cost of subsidies for those is £2383 million. This means the total cost of subsidies, including CfDs, is £4034 million.

via NOT A LOT OF PEOPLE KNOW THAT

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July 22, 2021