We all know, of course, that if you really cost nuclear properly including the massive decommissioning costs and the risks to the environment, humans too, it has always been far more expensive than ever admitted. Here’s Siemens’ managing director says in this Reuters report on 10th March:
I predict the price for offshore wind in the upcoming auction will be lower than that given to Hinkley…The price will keep coming down, as we find better logistic solutions, new grid solutions, as well as bigger turbines.’
The contract for Hinkley C nuclear power station will give French utility EDF £92.5 per megawatt hour, twice the current wholesale price of electricity.
In 2016, electricity from off-shore windfarms was already as low as £97 per megawatt hour, down 32% in four years. With bigger turbines thus less towers and foundations it will soon cost less to produce the same amount of electricity.
I’ve recently reported on the world’s largest off-shore floating wind farms and tidal energy turbines to be built off the Scottish coast at:
Also, the efficiencies of scale with larger turbines, predicted by Siemens above, have already been predicted at:
It’s clearly time to cancel any further nuclear power investment and to further invest in Scotland’s ideal environment for offshore wind and tide power.