Figure 1: Is Hinkley C really Brexit proof?
Often a big news event is the time people try to bury bad news. Here’s a few you might have missed. However another story that some may have missed is that the DECC has raised its estimate for the cost of Hinkley C to be just short of £37 billion. This is more than double their previous estimate. Hinkley C is in fact now on course to become the most expensive object on earth.
It means that the installed kW cost of Hinkley C is now likely to exceed £11,000 per kW against £1,250 for solar. Yes Hinkley is now 9 times more expensive than a similar installed capacity of solar (and yes the capacity factor of solar is lower, but its not going to be 9 times lower!). Hinkley is now almost certainly going to be…
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