Offshore windfarms are to be built for around half the price of previous ones
Guaranteed price of power per megawatt hour
£ per megawatt hour
Offshore windfarms built 2017-19
Average guaranteed price awarded in 2015 (contract for 15 years)
Hinkley Point C nuclear power station
Guaranteed price awarded in 2016, expected to be operational 2025-26 (contract for 35 years)
Offshore windfarms built 2021-2023
Average guaranteed price awarded in 2017 (contract for 15 years)
£0
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