The precipitous drop in the price of electricity from offshore wind turbines should be a tipping point for green technology. Even when the cost of providing back-up capacity for still days is added, the cost of producing energy from offshore wind is little more than £70/MWh. The government has however supported plans to install a nuclear power plant, backed by French and Chinese state operators, costing £18bn. The last round of offshore wind contracts spent less than two-thirds of the budget allocated. Amazingly, under current plans nuclear spending will rise to five times that of offshore wind by 2025.

Source: The Guardian September 13, 2017 18:45 UTC