"Steve Walker" wrote in message
...
On 19/05/2021 09:15, Theo wrote:
Pancho wrote:
On 18/05/2021 19:36, Theo wrote:
Steve Walker wrote:
We should have built more baseload power stations - particular
nuclear.

That ship sailed 10+ years ago. For the one we are building, the
wholesale
price per unit is roughly double that of renewables ( in normal
conditions)
so it's going to need subsidy to sell its power. It's not cheap
baseload
it's expensive baseload.


I doubt that your figures are true.

Hinkley Point C has a guaranteed purchase price of its nuclear
electricity
of £92.50 per MWh (9.25p per kWh):

But how much lower could it have been if the government funded the build,
so there was no need for far more expensive commercial loans, while also
making a profit on top?

Plus repeats of the same design will be a lot cheaper.

there will be no repeat builds of the same design

HMG wont sign off on this price again (realising that they made a mistake
agreeing this deal)

and no-one will build commercially at a lower strike price