The 30% increase in administrative strike prices for solar power, a 66% increase for onshore wind, and a 52% increase for floating onshore wind aim to restore confidence in the Contracts for Difference (CfD) regime.
From NOT A LOT OF PEOPLE KNOW THAT
By Paul Homewood
There’s one more thing to note about this announcement:
As well as the massive price rises for offshore wind, prices have also been increased for solar power:
£61/MWh works out at about £85/MWh, which gives the lie to repeated claims of just how cheap solar power is.
It’s a lot to pay for something that despoils good farmland and does not even produce any electricity for most of the time.
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