But on the positive side, the technology is continuing to improve, so if something better is available in a few years, they haven't wasted so much. One of the links you gave said the turbines will be twice the size in the 2020s.
Thanks. So it's not the best figure to be using when comparing alternatives.
Of course it's great that prices have come down so much, and I hope options like this are the future. But we need to know how much it costs per unit used, not produced.
Thanks.
It sounds too good to be true. Is the £57.50 for each mWh they produce, regardless of time of day/night etc, so the government pays for it even when everyone's asleep and we don't want the energy? Or is it the price for the energy the national grid demands and gets from the facility?
What does "securing subsidies of £92.50 per megawatt hour" mean? How much do they supply energy for, how much subsidy do they receive from the government etc?
Would that be wind projects on land? Because I'd guess it cost a lot more to build these at sea, the maintenance costs will be a lot higher, and the life expectancy of the turbines will be a lot lower.