£3.4 Billion Subsidy For Offshore Wind Industry Last Year

By Paul Homewood

 

 

An offshore wind farm in Redcar on Teesside.

 

 

Last year, subsidies for offshore wind amounted to £3422 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!

image

via NOT A LOT OF PEOPLE KNOW THAT

https://ift.tt/3kGUhAd

July 22, 2021 at 10:00AM

Leave a comment