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pjc50today at 11:30 AM1 replyview on HN

Generally good news; about the price, 9p/unit is lower than retail prices but higher than current spot prices from https://www.ofgem.gov.uk/news-and-insight/data/data-portal/w...

No discussion of what grid upgrades are required, although increasing production near England should reduce that.

(by comparison, ongoing nuclear project Hinkley Point C is currently scheduled to come online some time around 2030, assuming no further delays)


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beejiutoday at 11:35 AM

It's a contract for difference, so that 9p is paying for both the infrastructure and the cost of the electricity it produces I believe.

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